Sentences with phrase «guaranteed withdrawal amounts»

With Legacy Lock IV, your death benefit may be undiminished by your guaranteed withdrawal amounts or RMDs, subject to benefit guidelines.

With Legacy Lock IV, your death benefit may be undiminished by your guaranteed withdrawal amounts or RMDs, subject to benefit guidelines.

Not exact matches

For example, taking withdrawals from your investment portfolio doesn't guarantee income for life, but gives you the flexibility to change the amount you withdraw each month.

When you purchase this type of annuity, your future income amount is guaranteed to increase on each contract anniversary for a set period of time or until your first lifetime withdrawal, whichever comes first.

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

Daily 7 guarantees a 7 % minimum amount of growth of the Withdrawal Base applied for income calculation each year, for up to 15 years or until your first wWithdrawal Base applied for income calculation each year, for up to 15 years or until your first withdrawalwithdrawal.

Withdrawals will reduce the death benefit and any optional guaranteed amounts in an amount more than the actual withdrawal.

Daily 7 guarantees a 7 % minimum amount of growth of the Withdrawal Base applied for income calculation each year, for up to 15 years or until your first wWithdrawal Base applied for income calculation each year, for up to 15 years or until your first withdrawalwithdrawal.

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

Withdrawals may reduce any optional guaranteed amounts in an amount more than the actual withdrawal.

But, for the Fixed Indexed Annuity in Option 1, any withdrawals made above the allowable amount will substantially reduce the guarantee income benefit and cancel the guarantee that it continues for life.

Then we take the difference between the two amounts at the weighted average rate of the previous contributions and Ratchet Base and add that to the Guaranteed Annual Withdrawal Amount.

A Ratchet increase will also generate an increase to the employee's Guaranteed Annual Withdrawal Amount (GAWA).

* Early withdrawal from the Personal Income BenefitSM account value or withdrawals from the Personal Income BenefitSM account value that exceed the Guaranteed Annual Withdrawal Amount may significantly reduce or eliminate the value of the Personal Income Benefit wwithdrawal from the Personal Income BenefitSM account value or withdrawals from the Personal Income BenefitSM account value that exceed the Guaranteed Annual Withdrawal Amount may significantly reduce or eliminate the value of the Personal Income Benefit wWithdrawal Amount may significantly reduce or eliminate the value of the Personal Income Benefit withdrawalwithdrawal.

The account value will remain invested, with the potential to grow in positive market conditions, which means the Guaranteed Annual Withdrawal Amount also has the potential to increase.

The Guaranteed Transfer Withdrawal Rate is applied to all investment option transfers from the Non-Personal Income Benefit Investment Options to the Personal Income Benefit variable investment options, contributions made in a lump sum (including amounts attributable to contract exchanges and direct transfers from other funding vehicles under the Plan) and rollovers.

Withdrawals taken prior to income activation and those greater than the guaranteed lifetime income amount will reduce the Income Base and the guaranteed lifetime income amount.

If the employee dies before starting Guaranteed Annual Withdrawal Amount payments, or if he or she started payments on a Single - Life basis, the beneficiary would receive the PIB AXA Balanced Strategy account value.

Employees can start taking Guaranteed Annual Withdrawal Amount payments any time after they reach age 59 1/2 and have separated from service.

The Guaranteed Annual Withdrawal Amount is the amount your employees can receive in income each year once they begin taking payAmount is the amount your employees can receive in income each year once they begin taking payamount your employees can receive in income each year once they begin taking payments.

Early withdrawals from the Personal Income BenefitSM account value or withdrawals from the Personal Income BenefitSM account value that exceed the Guaranteed Annual Withdrawal Amount may significantly reduce or eliminate the value of the Personal Income BenefitSM.

Withdrawals may reduce death benefit and any optional guaranteed amounts in an amount more than the amount of the withdrawal.

Since Guaranteed Annual Withdrawal Amount payments are not cumulative, employees can not carry forward any amount they don't take in a particularAmount payments are not cumulative, employees can not carry forward any amount they don't take in a particularamount they don't take in a particular year.

Each contribution generates a new GAWA based on the amount of the contribution, the Guaranteed Withdrawal Rate in effect, and the employee's age at the time of the contribution, which is added to the current GAWA amount.

This benefit includes a choice of two Withdrawal Base1 growth options — 10 % with no interest credits added or 7.5 % plus an additional dollar amount of interest credits annually, minus any withdrawals.2, 3 In addition, ForeIncome offers a Guaranteed Minimum Surrender Value (GMSV) 4 which has the potential to increase contract value but terminates on the GLWB activation date.

Early withdrawals are withdrawals taken from the Personal Income Benefit variable investment options before an employee has elected to begin receiving Guaranteed Annual Withdrawal Amount payments.

Their Guaranteed Annual Withdrawal Amount payments can increase based on:

All contributions into the Personal Income Benefit generate a Guaranteed Annual Withdrawal Amount (GAWA).

Once employees begin taking Guaranteed Annual Withdrawal Amount payments, no additional contributions can be made to the Personal Income Benefit.

Withdrawals may reduce death benefit and reduce any optional guaranteed amounts in an amount more than the amount of the withdrawal.

If an employee dies before starting Guaranteed Annual Withdrawal Amount payments, or if he or she started payments on a Single - Life basis, the beneficiary would receive the Personal Income Benefit account value.

In addition, some index - linked annuities provide opportunities to protect a portion of the annuity's account value, while variable annuities with a guaranteed withdrawal benefit feature can protect the amount of a person's future income.

During this period, you are more likely to get resets because you are not taking out money, and the 5 % bonus should pump up your guaranteed minimum withdrawal amount.

Thanks to the life insurance component, when you die, your heirs are guaranteed to receive a pay - out worth no less than the amount you invested in the VA (minus any withdrawals you made while alive), regardless what the sub-accounts are actually worth.

We pay overdrafts at our discretion based on factors such as the purchase or withdrawal amount and your account history, which means we don't guarantee that we'll always authorize and pay any type of transaction.

4 A limited Market Value Adjustment (MVA) will apply to all withdrawals in excess of the «free withdrawal amount» during the entire Guarantee Period and to annuitizations (except in each case during the 30 - day period at the start of a renewal Guarantee Period).

The Freedom Prepaid MasterCard - www.freedom-card.co.uk - No Up - front Purchase fees - 100 % Acceptance Guaranteed - No Credit Checks - No ID Required - Instant Approval BlueSky Prepaid Credit Card (Standard Limit Card)- www.blueskyprepaid.com - NO ID required, guaranteed acceptance - # 1,650 maximum annual load limit - NO bank account required, NO credit checks required BlueSky Prepaid Credit Card (Higher Limit Card)- www.blueskyprepaid.com - ID required: Valid international passport or UK driver's License - # 3,000 maximum load limit - NO bank account required, NO credit checks required CashPlus Gold Prepaid MasterCard - www.mycashplus.co.uk - No credit checks - No links to your bank account - No contracts or interest - Guaranteed approval if you 18 or older and live in the United Kingdom Kalixa Prepaid MasterCard - www.kalixa.com - Maximum 24 hr ATM Withdrawal $ 300, Maximum Daily Load $ 3000, Maximum Weekly Load $ 3000, Maximum Card Value $ 9000 - No credit check and you don't need a bank account - To register with Kalixa you will need to provide them with your name, valid email address, your home address, your birth date Virgin Prepaid Visa Card - www.uk.virginmoney.com - No bank account needed, and no credit checks - Comes with PIN protection and fraud protection ClearCash Prepaid MasterCard - www.clearcash.co.uk - You can load a maximum of # 500 per day with no charge at the Post Office - You can load a maximum of 2 transactions and # 500 per day at a PayPoint outlet - Cash cheques and have them loaded on to your ClearCash prepaid card - Minimum amount of initial load # 10, Maximum amount of initial load # 5000, Maximum card balance # 5000 - Cardholders must be oveGuaranteed - No Credit Checks - No ID Required - Instant Approval BlueSky Prepaid Credit Card (Standard Limit Card)- www.blueskyprepaid.com - NO ID required, guaranteed acceptance - # 1,650 maximum annual load limit - NO bank account required, NO credit checks required BlueSky Prepaid Credit Card (Higher Limit Card)- www.blueskyprepaid.com - ID required: Valid international passport or UK driver's License - # 3,000 maximum load limit - NO bank account required, NO credit checks required CashPlus Gold Prepaid MasterCard - www.mycashplus.co.uk - No credit checks - No links to your bank account - No contracts or interest - Guaranteed approval if you 18 or older and live in the United Kingdom Kalixa Prepaid MasterCard - www.kalixa.com - Maximum 24 hr ATM Withdrawal $ 300, Maximum Daily Load $ 3000, Maximum Weekly Load $ 3000, Maximum Card Value $ 9000 - No credit check and you don't need a bank account - To register with Kalixa you will need to provide them with your name, valid email address, your home address, your birth date Virgin Prepaid Visa Card - www.uk.virginmoney.com - No bank account needed, and no credit checks - Comes with PIN protection and fraud protection ClearCash Prepaid MasterCard - www.clearcash.co.uk - You can load a maximum of # 500 per day with no charge at the Post Office - You can load a maximum of 2 transactions and # 500 per day at a PayPoint outlet - Cash cheques and have them loaded on to your ClearCash prepaid card - Minimum amount of initial load # 10, Maximum amount of initial load # 5000, Maximum card balance # 5000 - Cardholders must be oveguaranteed acceptance - # 1,650 maximum annual load limit - NO bank account required, NO credit checks required BlueSky Prepaid Credit Card (Higher Limit Card)- www.blueskyprepaid.com - ID required: Valid international passport or UK driver's License - # 3,000 maximum load limit - NO bank account required, NO credit checks required CashPlus Gold Prepaid MasterCard - www.mycashplus.co.uk - No credit checks - No links to your bank account - No contracts or interest - Guaranteed approval if you 18 or older and live in the United Kingdom Kalixa Prepaid MasterCard - www.kalixa.com - Maximum 24 hr ATM Withdrawal $ 300, Maximum Daily Load $ 3000, Maximum Weekly Load $ 3000, Maximum Card Value $ 9000 - No credit check and you don't need a bank account - To register with Kalixa you will need to provide them with your name, valid email address, your home address, your birth date Virgin Prepaid Visa Card - www.uk.virginmoney.com - No bank account needed, and no credit checks - Comes with PIN protection and fraud protection ClearCash Prepaid MasterCard - www.clearcash.co.uk - You can load a maximum of # 500 per day with no charge at the Post Office - You can load a maximum of 2 transactions and # 500 per day at a PayPoint outlet - Cash cheques and have them loaded on to your ClearCash prepaid card - Minimum amount of initial load # 10, Maximum amount of initial load # 5000, Maximum card balance # 5000 - Cardholders must be oveGuaranteed approval if you 18 or older and live in the United Kingdom Kalixa Prepaid MasterCard - www.kalixa.com - Maximum 24 hr ATM Withdrawal $ 300, Maximum Daily Load $ 3000, Maximum Weekly Load $ 3000, Maximum Card Value $ 9000 - No credit check and you don't need a bank account - To register with Kalixa you will need to provide them with your name, valid email address, your home address, your birth date Virgin Prepaid Visa Card - www.uk.virginmoney.com - No bank account needed, and no credit checks - Comes with PIN protection and fraud protection ClearCash Prepaid MasterCard - www.clearcash.co.uk - You can load a maximum of # 500 per day with no charge at the Post Office - You can load a maximum of 2 transactions and # 500 per day at a PayPoint outlet - Cash cheques and have them loaded on to your ClearCash prepaid card - Minimum amount of initial load # 10, Maximum amount of initial load # 5000, Maximum card balance # 5000 - Cardholders must be over 18 years

The rate on 1 - year cashable GICs is guaranteed for one year, but you can access the funds (in whole or in part) any time after 30 days without penalty, subject to a minimum withdrawal amount and maintaining a minimum remaining balance of $ 1,000 for TD Direct Investing non-registered and TFSA investment accounts and $ 500 for TD Direct Investing RSP, RIF, RESP and RDSP investment accounts.

The rate on a 1 - Year U.S. Dollar cashable GIC is guaranteed for one year, but you can access the funds (in whole or in part) any time after 30 days without penalty, subject to a minimum withdrawal amount and a minimum remaining balance of $ 1,000 for TD Direct Investing non-registered investment accounts.

If you are older than 70 1/2 and already taking RMDs, the 4 % contractual guarantee will offset the majority of your RMD withdrawal amount.

After age 59 1/2, an early access withdrawal or any withdrawal (including applicable MVA and surrender charges) that exceeds your GLWB amount will reduce your income guarantees.

Your life insurance version will include a guaranteed death benefit, which means your beneficiary will receive the amount invested, minus a withdrawal fee.

When you purchase this type of annuity, your future income amount is guaranteed to increase on each contract anniversary for a set period of time or until your first lifetime withdrawal, whichever comes first.

This means when a deposit matures and is redeemed, or the annuitant dies, a top - up payment is made (less any previous withdrawals and fees) if the market value is less than the guaranteed amount.

This guarantees that, should the investor die during the accumulation phase of the variable annuity, the account owner's beneficiary will receive at least the amount of the investor's contributions minus withdrawals or the current market value of the account.

They may be insuring your future retirement income by providing a guaranteed withdrawal benefit rider, or insuring a specific amount of death benefit to go to your heirs, or insuring a minimum return.

Because immediate income annuities guarantee a specific income amount, they offer very limited access to withdrawals, and only for some annuity options.

The most common type of guarantee is a death benefit guarantee which guarantees that upon your death the greater of the current contract value or the full amount of your contributions (minus any withdrawals) will be paid out to your beneficiary.

Your life insurance version will include a guaranteed death benefit, which means your beneficiary will receive the amount invested, minus a withdrawal fee.

Notably, most / all of the growth in the policy at those interest rates will likely be eroded by the life and long - term care cost - of - insurance charges, but hybrid life / LTC policies typically provide a guarantee that no matter what, the client's original $ 200,000 remains assured, liquid and available without surrender charges or penalties (though withdrawals would impact available amounts for claims, and claims may affect the amounts available at surrender or death as well).