Specified Payment. Payments of a designated dollar amount. The annual amount may not be greater than the percentage of the Certificate Holder's Account Value at time of the election as shown on the Contract Schedule. This annual dollar amount will remain constant. At our discretion, We may require a minimum payment amount; or
Appears in 6 contracts
Samples: Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Group Annuity Certificate (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Group Annuity Coverage Certificate (Variable Annuity Account I of Aetna Insurance Co of America)
Specified Payment. Payments of a designated dollar amount. The annual amount may not be greater than the percentage of the Certificate HolderAccount's Account Current Value at time of the election as shown on the Contract Schedule. Schedule I. This annual dollar amount will remain constant. At our discretion, We may require a The minimum SWO payment amountamount is shown on Contract Schedule I; or
Appears in 2 contracts
Samples: Group Annuity Certificate (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Individual Retirement Annuity Rollover Account Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
Specified Payment. Payments of a designated dollar amount. The annual amount may not be greater than the percentage of the Certificate Holder's Account Contract Value at time of the election as shown on the Contract Schedule. This annual dollar amount will remain constant. At our discretion, We may require a minimum payment amount; or
Appears in 2 contracts
Samples: Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Individual Variable, Fixed or Combination Annuity Contract (Variable Annuity Account I of Aetna Insurance Co of America)
Specified Payment. Payments of a designated dollar amount. The annual amount may not be greater than the percentage of the Certificate Holder's Account Current Value at time of the election as shown on the in Contract Schedule. Schedule I. This annual dollar amount will remain constant, unless a higher amount is required under Code minimum distribution rules. At our its discretion, We the Company may require a minimum initial payment amount; or
Appears in 1 contract
Samples: Insurance Contract (Variable Annuity Account I of Ing Insurance Co of America)
Specified Payment. Payments of a designated dollar amount. The annual amount may not be greater than the percentage of the Certificate Holder's Account Value at time of the election as shown on the Contract Schedule. This annual dollar amount will remain constant. At our discretion, We may require a minimum payment amount; or (b) Specified Period: Payments which are made over a period of time which must be at least the minimum period as shown on the Contract Schedule. The annual amount paid each year is calculated by dividing the Certificate Holder's Account Value as of December 31 of the prior year by the number of payment years remaining; or
Appears in 1 contract
