GUARANTEED ACCOUNT. GENERAL DESCRIPTION - The Guaranteed Account is a part of Our General Account. The amount You have in the Guaranteed Account at any time is a result of Premiums You have allocated to it or any part of Your Contract Value you have transferred to it. GUARANTEE PERIODS - The portion of Your Contract Value within the Guaranteed Account is credited with interest at rates guaranteed by Us for the Guarantee Period(s) selected. Interest is credited on a daily basis at the then applicable effective guaranteed interest rate for the applicable Guarantee Period. You may select from one or more Guarantee Periods which we offer at any particular time. We reserve the right at any time to add or delete Guarantee Periods. If You have allocated any part of Your Initial Premium to a Guarantee Period, the amount allocated, as well as the duration of the Guarantee Period is shown on the application. The guaranteed interest rate applicable to an allocation of Premium or transfer of Contract Value to a Guarantee Period is the rate in effect for that Guarantee Period at the time of the allocation or transfer. If You have allocated or transferred amounts at different times to the Guaranteed Account, each allocation or transfer may have a unique effective guaranteed interest rate associated with that amount. We guarantee that the effective annual rate of interest for the Guaranteed Account, including any of the Guaranteed Periods, will not be less than 3%.
GUARANTEED ACCOUNT. The Guaranteed Account includes the Fixed Account and the DCA Fixed Accounts, which are each a part of the Company's general account. You may allocate some or all of your Purchase Payments and may transfer some of your Contract Value to an account within the Guaranteed Account, except that transfers may not be made into the DCA Fixed Accounts. Amounts allocated to an account within the Guaranteed Account earn interest from the date the funds are credited to the account. The interest rate we apply to Purchase Payments and transfers into the Fixed Account is guaranteed for one year from the date the Purchase Payment or transfer is credited to the account. When an interest rate guarantee expires, we will set a new interest rate, which may not be the same as the interest rate then in effect for Purchase Payments or transfers allocated to the Fixed Account. The new interest rate is also guaranteed for one year. We will systematically transfer Purchase Payments allocated to the DCA Fixed Accounts to other Allocation Options in equal amounts over a designated period. The interest rate we apply to Purchase Payments allocated to a DCA Fixed Account is guaranteed for the period over which transfers are allowed from that DCA Fixed Account. We, in our sole discretion, establish the interest rates for each account in the Guaranteed Account. We will not declare a rate that is less than an annual effective interest rate of 3.00%. Because these rates vary from time to time, allocations made to the same account within the Guaranteed Account at different times may earn interest at different rates.
GUARANTEED ACCOUNT. 10 1.23 Guaranteed Rates - Guaranteed Account ................................ 10 1.24
GUARANTEED ACCOUNT. Amounts in the Guaranteed Account are part of our General Account. The Guaranteed Account is not part of and does not depend on the investment performance of the Variable Account. We credit interest to amounts in the Guaranteed Account at rates we determine. We guarantee that the effective annual interest rate will not be less than 4%. We may credit a higher current interest rate. For the amount in the Guaranteed Account at the beginning of a calendar year, we will determine such inertest rates in advance off each calendar year. Such rates will apply to the calendar year which follows the date of determination. For amounts allocated or transferred to the Guaranteed Account during a calendar year, we will determine interest rates applicable to such amounts in advance of the date such amount is received or transferred. Such rates will apply to the end of the calendar year in which the payment is received or the transfer is made.
GUARANTEED ACCOUNT. The Guaranteed Account consists of the Guaranteed Options under this Contract. Allocations made to the Guaranteed Account are invested in the general account of the Company. The general account is made up of all general assets of the Company, other than those in the Separate Account, and other segregated asset accounts.
GUARANTEED ACCOUNT. You may allocate some or all of your Purchase Payments and may transfer some or all of your Contract Value to an account within the Guaranteed Account, except that transfers may not be made into the DCA Fixed Account. Amounts allocated to an account within the Guaranteed Account earn interest from the date the funds are credited to the account. The interest rate we apply to Purchase Payments and transfers will remain in effect for the Interest Guaranteed Period. The Interest Guaranteed Period for the Fixed Account and the DCA Fixed Account is one year. After an Interest Guaranteed Period expires, a new Interest Guaranteed Period will begin. The interest rate for the new Interest Guaranteed Period will be set by us and may not be the same as the interest rate then in effect for Purchase Payments or transfers allocated to that account. We, in our sole discretion, establish interest rates from time to time for each account in the Guaranteed Account, but will not declare a rate which is less than an annual effective interest rate of 3.00%. For the purposes of interest crediting, amounts deducted, transferred or withdrawn from the Guaranteed Account will be separately accounted for on a "first-in, first-out" (FIFO) basis. VARIABLE ACCOUNT GENERAL DESCRIPTION: The variable benefits under the Contract are provided through the Variable Annuity Account A of American Foundation, which is registered with the Securities and Exchange Commission as a unit investment trust under the Investment Company Act of 1940. The portion of the assets of Variable Annuity Account A equal to the reserves and other contract liabilities with respect to the Variable Account are not chargeable with the liabilities arising out of any other business we may conduct. The income, gains and losses, both realized and unrealized, from the assets of Variable Annuity Account A shall be credited to or charged against the Variable Account without regard to any other income, gains or losses of the Company. We have the right to transfer to our general account any assets of Variable Annuity Account A which are in excess of such reserves and other liabilities.
GUARANTEED ACCOUNT. 1) When the guaranteed account is set-up, it must bear a credit code of “G”. Change the Credit Status, Item 10 in Customer Maintenance, to “G”
GUARANTEED ACCOUNT. GENERAL DESCRIPTION - The Guaranteed Account is a part of Our General Account. The amount the Certificateholder has in the Guaranteed Account at any time is a result of Premiums that the Certificateholder has allocated to it or any part of his/her Certificate Value he/she has transferred to it. GUARANTEE PERIOD - The portion of the Certificateholder's Certificate Value within the Guaranteed Account is credited with interest at rates guaranteed by Us for the Guarantee Period of one year. Interest is credited on a daily basis at the then applicable effective guaranteed interest rate for the Guarantee Period. If the Certificateholder has allocated any part of his/her Initial Premium to the Guaranteed Account, the amount allocated is shown on the Certificate Schedule. The guaranteed interest rate applicable to an allocation of Premium or transfer of Certificate Value to the Guarantee Period is the rate in effect for that Guarantee Period at the time of the allocation or transfer. If the Certificateholder has allocated or transferred amounts at different times to the Guaranteed Account, each allocation or transfer may have a unique effective guaranteed interest rate associated with that amount. We guarantee that the effective annual rate of interest for the Guaranteed Account will not be less than 3%. TRANSFERS During the Accumulation Period, or after the Annuity Date, provided a variable Annuity Option was selected, the Certificateholder may transfer all or part of his/her interest, in a Subaccount, or allocated to the Guaranteed Account, to another Subaccount or to the Guaranteed Account. However, after the Annuity Date no transfers may be made between a Subaccount and the Guaranteed Account. The Transfer Fee is shown on the Certificate Schedule. All transfers are subject to the following:
GUARANTEED ACCOUNT. General Description — The Guaranteed Account includes the Fixed Account and the DCA Fixed Accounts, which are each a part of the Company's general account. You may allocate some or all of your Purchase Payments and may transfer some of your Contract Value to an account within the Guaranteed Account, except that transfers may not be made into the DCA Fixed Accounts. Amounts allocated to an account within the Guaranteed Account earn interest from the date the funds are credited to the account. We, in our sole discretion, establish the interest rates for each account in the Guaranteed Account. We will not declare a rate that is less than an annual effective interest rate of 3.00%. Because these rates vary from time to time, allocations made to the same account within the Guaranteed Account at different times may earn interest at different rates.
GUARANTEED ACCOUNT. An allocation option available under the Contract as further defined in the Guaranteed Account Section. Amounts allocated to the Guaranteed Account are invested in the General Account.
