EM
● Terminated
Earnings Multiplier Benefit
Voya Insurance And Annuity Company
DTCC ID
—
COMPANY
Voya Insurance And Annuity Company
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Earnings Multiplier Benefit
Internal benefit name
Earnings Multiplier Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
4
Inception date
—
Closed date
Mar 15, 2010
DTCC Rider ID
—
Last modified
May 31, 2024
Life & Age
Based on life
Owner (or Annuitant if owner is a natural entity)
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
None.
Partial withdrawals
None.
Required min distributions
None.
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner, Issuer will add 55% of earnings (30% if owner ages 70 or older) to any death benefit payable under contract adjusted for withdrawals and subsequent payments. Benefit base can never be more than 150% of adjusted purchase payments.
Lifecycle Events
Cancellation
Once elected may not be cancelled.
Termination
Once elected may not be terminated.
Available when added
Only at contract issue.
Effect change ownership
Issuer will recalculate benefit amount upon change in ownership.