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Variable Annuity
Rider resets
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Nirmala
Signed in as Nirmala
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LW
● Terminated
Lifetime Withdrawal Guarantee I Benefit
Modified about 2 years ago
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DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
Jun 09, 2006
Details
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NAME
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INTERNAL RESET NAME
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RILA
Variable Annuity
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FORMULA
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Notes
DESCRIPTION
On each Contract Anniversary until the earlier of (a) the date of the first withdrawal from the contract or (b) the tenth Contact Anniversary. Total Guaranteed Withdrawal Amount and the Remaining Guaranteed Withdrawal Amount will be increased by an amount equal to 5% multiplied by the Total Guaranteed Withdrawal Amount and Remaining Guaranteed Withdrawal Amount before such increase.
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