Benefit Base Reset. The Benefit Base is reset on any Contract Anniversary where the Contract Value is greater than the Benefit Base. The Benefit Base will increase to the Contract Value, but will not exceed the Benefit Base Maximum. The Benefit Base will continue to be eligible for an increase due to a Benefit Base Reset on each Contract Anniversary until a Benefit Base Reset is declined as described in the Annual Rider Charge section.
Appears in 12 contracts
Samples: Guaranteed Lifetime Withdrawal Benefit Rider (Variable Annuity Account), Guaranteed Lifetime Withdrawal Benefit Rider (Variable Annuity Account), Guaranteed Lifetime Withdrawal Benefit Rider (Variable Annuity Account)
