Annuity account definition

Annuity account or "annuity" means an account established for each member to record the deposit of member contributions and employer contributions and interest, dividends, or other accumulations credited on behalf of the member.
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Annuity account or “annuity” means an account established for each member to record
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Annuity account means an account that is established for each
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Examples of Annuity account in a sentence

  • Interests in insurance policies or annuitiesInsurance company Insurance policy No. Annuity issuer name Annuity accounttype Annuity account No.

  • The Investor may withdraw their full capital from the policy in the event that the total value of their Sygnia ForLife Living Annuity account falls below the prescribed amount as set out by the Minister from time to time in terms of the Income Tax Act.

  • Interests in insurance policies or annuitiesInsurance company Insurance policy No. Annuity issuer name Annuity accounttype Annuity account No. Current value of debtor’s interest73.1. $ 74.

  • Fields from the Office of the Secretary at (202) 551–5400.Dated: December 6, 2018.Brent J.

  • Receive interest in their Larger Annuity account at the same rate of return and in the same manner as is used for their regular member contributions (i.e., floating average for the five-year Treasury Note); or,Receive a rate of return in their Larger Annuity account based on the LACERS rate of return, net of fees, for the publicly-traded, highly liquid strategies of the LACERS investment portfolio.

  • Annuity account, which shall include annuity contracts owned by a governmental retirement plan or its trustee established under Section 401, 403(b), or 457 of the United States Internal Revenue Code 1954, but shall otherwise exclude unallocated annuities.

  • You must complete the appropriate documentation and indicate the name and address of the trustee or custodian, and the 403(a) Annuity account number.

  • The Variable Payment Life Annuity account represents assets held by the Plan for the individual accounts of retired members receiving a variable annuity administered by the Plan.

  • Is INCOME VALUE the same as Mutual Fund or Variable Annuity account Values?No. Mutual fund and variable annuity account values are cash values that an investor has access to.

  • TSA- (403b retirement plan)-Voluntary pretax payroll deduction to an approved Tax Sheltered Annuity account.


More Definitions of Annuity account

Annuity account means the segregated investment account maintained by the Debtor into which the actuarial value of the Annuity Claims are maintained, which contained$601,890.58 as of the Petition Date.
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Annuity account or “annuity” means an account
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Annuity account means a Participant’s aggregate Annuity Deferral Contributions for all years, plus any amounts credited to the Participant’s Annuity Deferral Account under Section 3.3(b), reduced to reflect all distributions and withdrawals.
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Annuity account means an account that is established for each participant to record the deposit of participant contributions, employer contributions and interest, dividends or other accumulations credited on behalf of the participant.
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Annuity account means the account established for each Participant pursuant to the Plan.
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Annuity account means the account to which all amounts meant to purchase annuities and all amounts determined under sub-regulation (3) of regulation 3 shall be credited, and to which all payments, charges and expenses in accordance with sub-regulation (4) of regulation 3 shall be debited;
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Related to Annuity account

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Annuity reserve means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any annuity, or benefit in lieu of any annuity, granted to a retirant as provided in this chapter.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Investment Account As defined in Section 3.12(a).

  • Security Account “Software”, and “Supporting Obligations”.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Facility Account means the Seller’s Account No. 55-66681 at Bank One.

  • Regular account means the account established for each active and inactive member un-