Accumulation Unit. Each Investment Account maintains a separate accumulation unit. The value of each Investment Account’s accumulation unit is calculated at the end of each valuation day. The value of an Investment Account’s accumulation unit is equal to the previous day’s value multiplied by that account’s net investment factor.
Appears in 4 contracts
Sources: Retirement Choice Plus Annuity Contract (TIAA Separate Account VA-3), Retirement Choice Annuity Contract (TIAA Separate Account VA-3), Group Annuity Contract (TIAA Separate Account VA-3)
Accumulation Unit. Each Investment Account maintains a separate accumulation unit. The value of each Investment Account’s accumulation unit is calculated at the end of each valuation day. The value of an Investment Account’s accumulation unit is equal to the previous prior valuation day’s value multiplied by that account’s net investment factor.
Appears in 2 contracts
Sources: Retirement Annuity Contract (TIAA Separate Account VA-3), Supplemental Retirement Annuity Contract (TIAA Separate Account VA-3)
Accumulation Unit. Each Investment Account investment account maintains a separate accumulation unit. The value of each Investment Account’s investment account's accumulation unit is calculated at the end of each valuation day. The value of an Investment Account’s investment account's accumulation unit is equal to the previous prior valuation day’s 's value multiplied by that the account’s 's net investment factor.
Appears in 2 contracts
Sources: Lifetime Variable Select Contract (Tiaa Cref Life Separate Account Va-1), Personal Annuity Contract (Tiaa Cref Life Separate Accunt Va-1)
Accumulation Unit. Each Investment Account maintains a separate accumulation unitAccumulation Unit. The value of each Investment Account’s accumulation unit Accumulation Unit is calculated at the end close of each valuation dayValuation Day. The value of an Investment Account’s accumulation unit Accumulation Unit is equal to the previous day’s value multiplied by that accountthe Account’s net investment factorNet Investment Factor.
Appears in 1 contract