Fixed annuity
contracts accumulate interest at a competitive rate.
Not exact matches
Earnest money and
accumulated interest will be returned to Buyer within 48 hours upon written notification to Seller or his / her agent that
contract has been terminated by Buyer.
87.5 % of premium
accumulated at the
contract's guaranteed minimum
interest rate (Guaranteed Minimum Value).
90 % of premium, adjusted for withdrawals,
accumulated at the
contract's guaranteed minimum
interest rate
Until the income is distributed, all
interest which
accumulates within the annuity
contract is tax - deferred.
For example, a $ 100,000 premium will receive an immediate $ 1,000 bonus that results in a $ 101,000 initial accumulation value, which will begin
accumulating interest from the beginning of the
contract.
If no
interest was called for in the
contract the (historical info) generated
interest will revert to our general operating account, and an
accumulated charitable donation will be made.