ACCUMULATION UNIT VALUE. Each Investment Fund has its own distinct accumulation unit value. The accumulation unit value for an Investment Fund was (or shall be) set by the Company when the Investment Fund was (or shall be) initially funded. The accumulation unit value for each Investment Fund shall change for each Valuation Day based upon the investment results of the Investment Fund on that Valuation Day. For any Valuation Period, the accumulation value is: (a) the accumulation unit value applicable to that Investment Fund for the preceding Valuation Period; multiplied by (b) the accumulation unit value change factor for the Investment Fund for the current Valuation Period.
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Samples: Group Annuity Contract (Mutual of America Separate Account No 2), Group Annuity Contract Defined Contribution (Mutual of America Separate Account No 2)
ACCUMULATION UNIT VALUE. Each Investment Fund has its own distinct accumulation unit value. The accumulation unit value for an Investment Fund was (or shall be) set by the Company when the Investment Fund was (or shall be) initially funded. The accumulation unit value for each Investment Fund shall change for each Valuation Day based upon the investment results of the Investment Fund on that Valuation Day. For any Valuation Period, the accumulation unit value is: is (a) the accumulation unit value applicable to that Investment Fund for the preceding Valuation Period; , multiplied by (b) the accumulation unit value change factor for the Investment Fund for the current Valuation Period.
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Samples: Group Annuity Contract Section 457 Deferred Compensation (Mutual of America Separate Account No 2)
ACCUMULATION UNIT VALUE. Each Investment Fund has its own distinct accumulation unit value. The accumulation unit value for an Investment Fund was (or shall be) set by the Company when the Investment Fund was (or shall be) initially funded. The accumulation unit value for each Investment Fund shall change for each Valuation Day based upon the investment results of the Investment Fund on that Valuation Day. For any Valuation Period, the accumulation value is: is (a) the accumulation unit value applicable to that Investment Fund for the preceding Valuation Period; , multiplied by (b) the accumulation unit value change factor for the Investment Fund for the current Valuation Period.
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Samples: Tax Deferred Group Annuity Contract (Mutual of America Separate Account No 2)
ACCUMULATION UNIT VALUE. Each Investment Fund has its own distinct accumulation unit value. The accumulation unit value for an Investment Fund was (or shall be) set by the Company when the Investment Fund was (or shall be) initially funded. The accumulation unit value for each Investment Fund shall change for each Valuation Day based upon the investment results of the that Investment Fund on that Valuation Day. For any Valuation Period, the accumulation unit value is: (a) the accumulation unit value applicable to that Investment Fund for the preceding Valuation Period; multiplied by (b) the accumulation unit value change factor for the that Investment Fund for the current Valuation Period.
Appears in 1 contract
Samples: Individual Retirement Annuity Contract (Mutual of America Separate Account No 2)
