Net Deposit. The Net Deposit is the actual deposit minus a charge to pay premium taxes, if any. As a rule, Aetna will take this charge out of an Individual Account Reserve (see below) when annuity payments are to start. But, if Aetna determines that it must pay any imposed premium tax at any other time, it may take out the charge at any time.
Appears in 6 contracts
Samples: Variable Annuity Acct C of Aetna Life Insurance & Annuity Co, Variable Annuity Acct C of Aetna Life Insurance & Annuity Co, Variable Annuity Acct C of Aetna Life Insurance & Annuity Co
Net Deposit. The Net Deposit is the actual single deposit minus a charge to pay premium taxes, if any. As a rule, Aetna will take this charge out of an Individual Account the Reserve (see below) when annuity payments are to start. But, if Aetna determines that it must pay any imposed premium tax at any other time, it may take out the charge at any time.
Appears in 2 contracts
Samples: Variable Annuity Acct C of Aetna Life Insurance & Annuity Co, Variable Annuity Account B of Aetna Life Ins & Annuity Co
Net Deposit. The Net Deposit is the actual single deposit minus a charge to pay premium taxes, if any. As a rule, Aetna will take this charge out of an Individual Account Reserve (see below) when annuity payments are to start. But, if Aetna determines that it must pay any imposed premium tax at any other time, it may take out the charge at any time.
Appears in 1 contract
Samples: Variable Annuity Acct C of Aetna Life Insurance & Annuity Co
