Income Date definition

Income Date is the date when income payments under this Contract commence. This date is shown in the Schedule.
Income Date. The date on which Annuity Payments are to begin.
Income Date is the date when income payments under this Certificate commence. This date is shown in the Schedule.

Examples of Income Date in a sentence

  • BENEFICIARY'S ENTITLEMENT TO DEATH BENEFIT BEFORE THE INCOME DATE.

  • EFFECT OF WITHDRAWALS ON OR AFTER THE LIFETIME INCOME DATE Beginning on the Lifetime Income Date, the Benefit Base will not reduce if total Withdrawals during a Contract Year are less than or equal to the LIA.

  • LIFETIME INCOME DATE The Lifetime Income Date is the date on which the initial LIA is calculated.

  • EFFECT OF WITHDRAWALS ON OR AFTER THE LIFETIME INCOME DATE Any Withdrawals on or after the Lifetime Income Date, will not reduce the Benefit Base if total Withdrawals during a Contract Year are less than or equal to the LIA.

  • BENEFICIARY'S ENTITLEMENT TO INCOME PAYMENTS AFTER THE INCOME DATE.


More Definitions of Income Date

Income Date. You select an Income Date at the time of issue. The Income Date must always be the first day of a calendar month. The earliest Income Date you can select is two years after the Issue Date. The latest Income Date you can select is the later of the first day of the first calendar month following the Annuitant's 85th birthday or 10 years from the Issue Date, or the maximum date permitted under state law. You may, at any time prior to the Income Date, change the Income Date by Authorized Request 30 days in advance. SELECTION OF AN OF AN ANNUITY OPTION: You can select an Annuity Option by Authorized Request. If no Annuity Option is selected, Option 2, with 120 Monthly Payments Guaranteed, will automatically be applied. You may, at any time prior to the Income Date, by Authorized Request 30 days in advance, select and/or change the Annuity Option.
Income Date. The date on which Annuity Payments are to begin. INVESTMENT OPTION(S): Those investments available under the Contract. Current Investment Options are shown on the Contract Schedule.
Income Date. The date on which Annuity Payments begin. The Income Date is shown on the Certificate Schedule. In Force: The status of a Certificate before the Income Date so long as it has not been totally surrendered and there has not been a death of a Certificate Owner or Joint Certificate Owner that will cause the Certificate to end within five years of the date of death. Office: Our executive office shown on the Certificate Schedule. Person: A human being, trust, corporation, or any other legally recognized entity. Portfolio: A series of an Eligible Fund which constitutes a separate and distinct class of shares.
Income Date. Your Income Date is shown in the Contract Schedule. It is the date the Annuity Payments are to begin. You select an Income Date at the time of Issue. The Income Date must always be the first day of a calendar month. The earliest Income Date you can request is a date that is thirteen months after the Issue Date. The latest Income Date you can select is the first day of the first calendar month following the Annuitant's 90th birthday. You may, at any time prior to the Income Date, change the Income Date by Authorized Request 30 days in advance. SELECTION OF AN ANNUITY OPTION: You can select an Annuity Option by Authorized Request. You may, at any time prior to 30 days in advance of the Income Date, by Authorized Request, select and/or change the Annuity Option.
Income Date. The date on which Income Payments begin. The Income Date is shown on the Contract Schedule. In Force: The status of a Contract before the Income Date so long as it has not been totally surrendered and there has not been a death of a Contract Owner or Joint Contract Owner that will cause the Contract to end within five years of the date of death. Office: Our executive office shown on the Contract Schedule. Person: A human being, trust, corporation, or any other legally recognized entity. Portfolio: A series of an Eligible Fund which constitutes a separate and distinct class of shares.
Income Date is the date annuity payments begin. The Income Date is shown on page 3 and can be changed by written notice to us.
Income Date. [February 1, 2070] Initial Fixed Account Minimum Interest Rate: [1.10%] The Fixed Account Minimum Interest Rate will be redetermined on each Redetermination Date, as described under the Accumulation Provisions. Beneficiary(ies): [Xxxxx Xxx] Mortality and Expense On an annual basis, this charge equals [1.10%] of the daily Charge: net asset value of the Investment Divisions.