Sentences with phrase «account guaranteed minimum interest rate»

‡ The fixed account guaranteed minimum interest rate will be declared each calendar year and will fall between 1 % -3 %.

Not exact matches

It can provide a guaranteed minimum interest rate with no taxes due on any earnings until they are withdrawn from the account.

Other highlights of the Guaranteed Account for 457 (b) and 403 (b) plans include complete guarantees of principal and interest (not found in all stable value accounts); rates declared in advance semiannually with a 1 % minimum rate guarantee; full liquidity (participants can transfer into and out of this account without restrictions or penalties); and an option to convert to guaranteed lifetime income at rGuaranteed Account for 457 (b) and 403 (b) plans include complete guarantees of principal and interest (not found in all stable value accounts); rates declared in advance semiannually with a 1 % minimum rate guarantee; full liquidity (participants can transfer into and out of this account without restrictions or penalties); and an option to convert to guaranteed lifetime income at retiAccount for 457 (b) and 403 (b) plans include complete guarantees of principal and interest (not found in all stable value accounts); rates declared in advance semiannually with a 1 % minimum rate guarantee; full liquidity (participants can transfer into and out of this account without restrictions or penalties); and an option to convert to guaranteed lifetime income at retiaccount without restrictions or penalties); and an option to convert to guaranteed lifetime income at rguaranteed lifetime income at retirement.

NYLIAC guarantees that it will credit inteest at an effective rate of at least the minimum guaranteed interest rate stated on the data page of your policy to amounts allocated or transferred to the fixed accounts under the policies.

The policy will typically have a floor rate (minimum guaranteed) interest credit, participation rate (the amount of earnings the company will credit to the cash account), and a cap rate that limits the amount of earnings that will be credited during the index period.

The two fixed interest accounts have a guaranteed minimum annual interest rate.

The policy offers a choice of two indexed accounts or two fixed interest accounts with a guaranteed minimum rate of return.

Indexed universal life insurance policies typically contain a minimum guaranteed fixed interest rate component along with the indexed account option.

Most annuity contracts include a minimum rate guarantee that ensures if interest rates fall too low, the rate credited to the account does not fall below the minimum.

If the option has a guaranteed minimum interest rate higher than 0 %, the indexed account may even be eligible for interest during periods where the market index has gone down.

The cash value builds from a portion of the premiums paid into the policy and has a guaranteed minimum rate of return on investment, similar to a savings account but with a higher interest rate.

The Discontinued Policy Fund will earn a minimum guaranteed interest rate equal to the savings account rate of State Bank of India and the proceeds from this will be payable after the fifth policy anniversary.