FUNDING PHASE – CHANGES IN WITHDRAWAL GUARANTEE. 4.1 Increases to the Withdrawal Guarantee on the Birthday 4.1.1 On each Birthday, the Withdrawal Guarantee may increase. The new Withdrawal Guarantee is equal to the greater of the Withdrawal Guarantee on the prior Valuation Day, and (a) multiplied by (b), where: (a) is the Account Value, on the Birthday; and (b) is the current Withdrawal Guarantee Factor for the Attained Age.
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Samples: Annuity Certificate (Genworth Life & Annuity Insurance Co), Group Guaranteed Income Annuity Contract (Genworth Life & Annuity Insurance Co), Group Guaranteed Income Annuity Contract (Genworth Life & Annuity Insurance Co)
