Common use of Accumulation Phase Clause in Contracts

Accumulation Phase. The period of time between the date the Contract became effective and the date you start receiving Income Phase payments under the Contract. During the Accumulation Phase, you accumulate retirement benefits.

Appears in 7 contracts

Samples: Group Deferred Variable and Fixed Annuity Contract (VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co), Group Deferred Variable and Fixed Annuity Contract (VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co), A Group Deferred Variable and Fixed Annuity Contract (VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co)

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Accumulation Phase. The period of time between the date the Contract became effective and the date you start begin receiving Income Phase payments under the Contract. During the Accumulation Phase, you accumulate retirement benefits.

Appears in 3 contracts

Samples: VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co, VARIABLE ANNUITY ACCOUNT B OF VOYA RETIREMENT INSURANCE & ANNUITY Co, VARIABLE ANNUITY ACCOUNT B OF VOYA RETIREMENT INSURANCE & ANNUITY Co

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