Sentences with phrase «on subaccount»

Variable Universal Insurance policy guarantees cash value on a fixed account and it fluctuates depending on subaccount performance.
While we will maintain separate information on each subaccount for regulatory reporting purposes, all information reported to you will be consolidated.

Not exact matches

Earnings based on the performance of the investment options (or «subaccounts») you select from among those offered under the annuity.
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Each month we will allocate the balance in your checking account between the two subaccounts based on allocation formulas that we may change from time to time.
Internal transfers between the two subaccounts will have no practical impact on you.
The subaccount seeks to capitalize on the strength of the health - care sector, targeting companies of all sizes.
The subaccount seeks to capitalize on those market sectors and maturities
The prospectus contains details on the variable annuity, the subaccounts, contract features, fees, expenses, and other pertinent information.
You specify how much of your annuity will be invested in the various subaccounts and your return will be based on the performance of the investments you select.
With an emphasis on high - quality, short - term fixed - income securities, this subaccount seeks to protect principal by attempting to maintain a constant $ 1.00 share price while providing shareholders with easy access to their money.
Due to the mechanics used to generate earnings to pay interest to index - linked subaccounts, the profit an insurer makes on IUL policies is subject to the premiums charged for buying options on the indices being tracked.
This extra expense can cause them to adjust the cap and participation rates to reduce the amount of interest they pay on index - linked subaccounts to maintain their profit margins.
Allocation to these subaccounts are generally credited with an amount of interest based on the growth of the relevant index over a certain period of time, often called the index period, using two methods used to determine the crediting rate:
Where IUL differs from UL is that these policies enable policyholders to invest some or all of their available cash account in a subaccount option based on the performance of market indices such as the S&P 500 or the NASDAQ 100.
The failure to mention the separate subaccount rule (or the rule for pre-1987 after - tax contributions) was either an oversight or a choice made based on space limitations in the newsletter.
Returns are based on the performance of these subaccounts.
Variable annuities» interest rates are based on their underlying investment accounts, known as subaccounts.
On a sixth transfer during a calendar month, any funds in the savings subaccount will be transferred back to the checking subaccount.
If you don't then it's not a fair comparison, because the exact same fees in the VUL subaccount are not deducted (or another way to look at it is that they're double - counted on the IC investment accounts).
Whether your payment rises, however, depends on, among other things, how the subaccounts fare over time.
Investment earnings have to be allocated to this subaccount according to IRS rules, but it remains separate from other portions of your overall retirement account, including your pre-tax contributions, employer matching dollars, and investment earnings on these amounts.
This is because they usually just use it to steer money into the subaccount managers that are on a temporary hot streak (AKA «chasing hot funds,» so you'll always be buying high and selling low).
What happens to the Plus games on my wife's subaccount PS3 syustem when I get a PS4?
Earnings in a variable annuity are based on performance of investment subaccounts that range from stocks and bonds to equity and money market funds.
Earnings based on the performance of the investment options (or «subaccounts») you select from among those offered under the annuity.
Find information on how annuity subaccounts work.
Instead, fixed universal life policies generally earn an interest rate in the cash value, while variable universal life policy returns depend on the performance of the funds offered within each policy's subaccounts, which are analogous to mutual funds, except that the insurance company owns the shares rather than the policy owner.
For contract owners invested in the PIMCO VIT Money Market Portfolio, any value remaining in this subaccount on the Liquidation Date will be transferred automatically to the Fidelity VIP Government Money Market Portfolio subaccount.
Since cash value depends on the performance of the subaccounts you choose, there is the potential for losing cash value, which could cause your policy to lapse.
The policyholder takes on the risk of the subaccount performance rather than the insurance carrier, creating a policy that is most appropriate for individuals who want to manage their own cash value accounts and risks associated with them.
Those who put their money in stock subaccounts and leave it there for 20 years or more will probably see a higher return on their investment than can be had from any other type of annuity.
Those that have a variable annuity in one segment are designed to allow a portion of the client's money to grow in the mutual fund subaccount portion of the contract while providing guaranteed income that the client can not outlive on the fixed side.
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