INDEX ACCOUNT definition

INDEX ACCOUNT. This account holds shares in the Stock Index Fund of the TIAA-CREF Life Funds, which maintains a broadly diversified portfolio consisting primarily of common stocks selected to track the overall U.S. stock market. The separate account charge is 1.2% per year of the separate account's net assets. TIAA-CREF Life may choose to waive a portion of the separate account charge. This page has been left blank intentionally.
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Examples of INDEX ACCOUNT in a sentence

  • HOWEVER, AT LEAST ONE (1) INDEX ACCOUNT OPTION WILL ALWAYS REMAIN AVAILABLE FOR ALLOCATION.

  • VALUES AND DETERMINATION OF ANNUITY PAYMENTS PROVIDED BY THIS CONTRACT, WHEN BASED ON THE VALUE OF THE INDEX ACCOUNT OPTIONS, ARE VARIABLE, MAY INCREASE OR DECREASE, AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT.

  • RILA290 14 CONTRACT OPTION PROVISIONS (CONT'D) INDEX ACCOUNT OPTIONS.

  • RILA292NY 6 DEFINITIONS (CONT'D) INDEX ACCOUNT OPTION TERM ANNIVERSARY.

  • THE COMPANY MAY RESTRICT TRANSFERS TO INDEX ACCOUNT OPTIONS AT ANY TIME, ON A NON-DISCRIMINATORY BASIS, IF THE YIELD ON INVESTMENT OR COST OF HEDGING WOULD NOT SUPPORT THE MINIMUM GUARANTEES OF THE INDEX ACCOUNT OPTION(S).