Variable annuity living benefit

• [DOCX File]Annuities

  https://info.5y1.org/variable-annuity-living-benefit_1_d6f89d.html

  However, for an individual variable life contract with a GMDB and a benefit similar in nature to a VAGLB, the requirements generally would apply only to the VAGLB-type benefit, since there is an explicit reserve requirement that applies to the variable life contract and the GMDB.

  annuity living benefit explained

---

• [DOCX File]Accumulation - Type Annuities - Inforce Extract

  https://info.5y1.org/variable-annuity-living-benefit_1_f43f08.html

  Variable annuity withdrawal. ... If you elected a FlexChoice living benefit rider and take a withdrawal prior to the Lifetime Withdrawal Age ... under current federal income tax law MetLife is required to withhold 10 percent of the taxable portion of annuity distributions for federal income taxes. In some states, your distribution may also be ...

  annuity benefit base definition

---

• [DOCX File]VM-01: Definitions for Terms in Requirements

  https://info.5y1.org/variable-annuity-living-benefit_1_6f1651.html

  General vs. separate accounts 2. Variable options 3. Equity-based 4. Risk-based C. Charges and fees D. Dollar cost averaging E Death benefit guarantees (Section 10168.4 of the CIC) F. Living benefit guarantees V. Identify and discuss fixed annuities 25% A. Typically common contract provisions 1. …

  best living benefit variable annuity

---

• [DOC File]STATE OF CALIFORNIA

  https://info.5y1.org/variable-annuity-living-benefit_1_a360b5.html

  Appendix 11 1994 Variable Annuity MGDB Mortality Table . ... Variable Annuity Guaranteed Living Benefit (VAGLB). A VAGLB is a guaranteed benefit providing, or resulting in the provision that, one or more guaranteed benefit amounts payable or accruing to a living contractholder or living annuitant, under contractually specified conditions (e.g ...

  variable annuities with guaranteed income

---

• [DOC File]Annuity Suitability - California

  https://info.5y1.org/variable-annuity-living-benefit_1_32a099.html

  For variable deferred annuity contracts that either contain no guaranteed benefits or only GMDBs, including “earnings enhanced death benefits,” (i.e., no VAGLBs), the reserve may be determined by using the method outlined below rather than by using the approach described in Section 3.D (i.e., based on projections), provided the approach described in Section 3.D has not been used in prior ...

  living benefit fee annuity

---

• [DOCX File]VM-21: Requirements for Principle-Based Reserves for ...

  https://info.5y1.org/variable-annuity-living-benefit_1_2267b0.html

  A guaranteed living benefit is considered to be ITM if the Account Value at the valuation date is less than the value of the guaranteed living benefit at the valuation date. If a contract has multiple living benefit guarantees then the guarantee having the largest value at the valuation date shall be used to determine the ITM percentage.

  living benefit guarantee annuity

---

• [DOCX File]VM-01: Definitions for Terms in Requirements - NAIC

  https://info.5y1.org/variable-annuity-living-benefit_1_7d6e99.html

  The term “variable annuity guaranteed living benefit” (VAGLB) means a guaranteed benefit providing, or resulting in the provision that, one or more guaranteed benefit amounts payable or accruing to a living contract holder or living annuitant, under contractually specified conditions (e.g., at the end of a specified waiting period, upon ...

  variable annuity with income benefit

---

• [DOC File]AG VACARVM - Colodny Fass

  https://info.5y1.org/variable-annuity-living-benefit_1_fc35a6.html

  The term “variable annuity guaranteed living benefit” (VAGLB) means a guaranteed benefit providing, or resulting in the provision that, one or more guaranteed benefit amounts payable or accruing to a living contract holder or living annuitant, under contractually specified conditions (e.g., at the end of a specified waiting period, upon ...

  living benefit riders on annuities

---

• Variable Annuity Living and Death Benefits

  An insurer issuing guaranteed living benefits in connection with the issuance of a variable annuity contract that reinsures only the guaranteed living benefit shall not be denied credit for reinsurance due solely to the fact that only the guaranteed living benefits are reinsured [this is an exception to Section 1(c)(6) of Bulletin 97-5 as ...

  annuity living benefit explained

---

Nearby & related entries:

• is annuity death benefit taxable to heirs
• annuity death benefit tax treatment
• variable annuity death benefit taxation
• ira annuity death benefit taxation
• annuity death benefit options
• variable annuity death benefit options
• qualified annuity death benefit options
• annuity death benefit payout options