Examples of Income percentage in a sentence
If an Automatic Reset or Owner-Elected Reset occurs, the Enhanced Income Percentage will be determined based on the Designated Life’s age at the time of the first withdrawal after the Automatic Reset or Owner-Elected Reset.
The Guaranteed Lifetime Income Amount will be calculated by multiplying the Protected Payment Base at the time the contract value equals zero by the Guaranteed Lifetime Income Percentage.
The Guaranteed Lifetime Income Amount is determined by multiplying the Guaranteed Lifetime Income Percentage by the Protected Payment Base.
Withdrawals prior to the attainment of the Lifetime Withdrawal Age of the youngest Designated Life will not impact the determination of the Enhanced Income Percentage.
Withdrawals prior to the attainment of the Lifetime Withdrawal Age of the Designated Life will not impact the determination of the Enhanced Income Percentage.