Annuity Commencement Date definition

Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.
Annuity Commencement Date means the date on which annuity payments are to commence. Also referred to as "Maturity Date" in this contract.
Annuity Commencement Date means the date as of which a benefit commences under the Plan.

Examples of Annuity Commencement Date in a sentence

  • ANNUITIZATION On the maximum Annuity Commencement Date, as described in Your policy, You will have the option to receive lifetime income payments that are no less than Your Rider Withdrawal Amount each year.

  • If the Annuitant dies before the Annuity Commencement Date, the Contingent Annuitant becomes the Annuitant.

  • If you do not select a date, the Annuity Commencement Date will be in the month following the required date of Annuity Commencement.

  • The Annuity Payment Option may not be changed after the Annuity Commencement Date.

  • THE BENEFICIARY The Beneficiary is the person to whom we pay death proceeds if any Owner dies prior to the Annuity Commencement Date.


More Definitions of Annuity Commencement Date

Annuity Commencement Date. The date as of which the Contract Value, less applicable premium tax, is applied to an Annuity Option. Annuity Option: The payout option pursuant to which the Company makes annuity income payments.
Annuity Commencement Date. The date on which annuity payments under this contract begin. The Annuity Commencement Date is shown on the Contract Data page.
Annuity Commencement Date means (a) January 1, 2013; if the Closing occurs on or prior to the Outside Date or (b) such other date, if applicable, as may be provided pursuant to Section 10.2(d).
Annuity Commencement Date. For each Participant, the first day of the first Payment Interval for which an Annuity Benefit payment is to be made under a settlement option. Beneficiary: A person entitled to the Death Benefit under a Certificate.
Annuity Commencement Date. The date as of which the Contract Value, less applicable premium tax, is applied to an Annuity Option. ANNUITY OPTION: The payout option pursuant to which the Company makes annuity income payments.
Annuity Commencement Date means [ * * * ].
Annuity Commencement Date has the meaning ascribed to such term in Section 1.1 of the Group Annuity Contract.