Amount of Annuity Benefit. The amount of the annuity benefit shall be based on: (a) the Account Value on the Annuity Commencement Date; (b) the form of annuity under which payment is to be made; (c) the age of the Participant and, if applicable, the joint annuitant; and (d) the purchase rates used to purchase the annuity option elected.
Appears in 4 contracts
Samples: Tax Deferred Group Annuity Contract (Mutual of America Separate Account No 2), Group Annuity Contract (Mutual of America Separate Account No 2), Group Annuity Contract Section 457 Deferred Compensation (Mutual of America Separate Account No 2)
Amount of Annuity Benefit. The amount of the annuity benefit shall be based on: (a) the Account Value on the Annuity Commencement Date; (b) the form of annuity under which payment is to be made; (c) the age of the Participant Owner and, if applicable, the joint annuitant; and (d) the purchase rates used to purchase the annuity option elected.. The following rules are applicable to the annuity options set forth below:
Appears in 3 contracts
Samples: Individual Retirement Annuity Contract Sep (Mutual of America Separate Account No 2), Individual Retirement Annuity Contract (Mutual of America Separate Account No 2), Individual Retirement Annuity Contract (Mutual of America Separate Account No 2)
Amount of Annuity Benefit. The amount of the annuity benefit shall be based on: (a) the Account Value on the Annuity Commencement Date; (b) the form of annuity under which payment is to be made; (c) the age of the Participant and, if applicable, the joint annuitant; and (d) the purchase rates used to purchase the annuity option elected.. The following rules are applicable to the annuity options set forth below:
Appears in 1 contract
Samples: Tax Deferred Group Annuity Contract (Mutual of America Separate Account No 2)
