Fixed Annuity Payment. The minimum payment amounts and the age adjustments that will be used to determine the monthly payments for a Fixed Annuity Payment are shown on the Contract Specifications under the PAYMENT OPTION TABLES. The Payment Option Tables show the dollar amount of the guaranteed monthly payments which can be purchased with each $1,000 of Contract Value, after deduction of any applicable premium taxes. Determination of the first Annuity Payment Date is shown on the Contract Specifications under Annuity Payment Requirements.
Appears in 3 contracts
Samples: Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Lincoln Life Variable Annuity Account N), Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Lincoln Life Variable Annuity Account N), Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Lincoln Life Variable Annuity Account N)
Fixed Annuity Payment. The minimum payment amounts and the age adjustments that will be used to determine the monthly payments for a Fixed Annuity Payment are shown on the Contract Specifications under the PAYMENT OPTION TABLES. The Payment Option Tables show the dollar amount of the guaranteed monthly payments which can be purchased with each $1,000 of Contract Value, after deduction of any applicable premium taxesTaxes. Determination of the first Annuity Payment Date is shown on the Contract Specifications under Annuity Payment Requirements.
Appears in 2 contracts
Samples: Individual Single Purchase Payment Deferred Variable Annuity Contract (Lincoln National Variable Annuity Account C), Individual Single Purchase Payment Deferred Variable Annuity Contract (Lincoln National Variable Annuity Acct L)
