Common use of ANNUITY VALUE Clause in Contracts

ANNUITY VALUE. The annuity value of a participant's account is the amount that can be applied to any annuity income option under this contract. It is the sum of the values of any accumulation units, reduced by premium, sales or similar taxes, if any.

Appears in 1 contract

Sources: Annuity Contract (Metlife Investors Usa Separate Account A)

ANNUITY VALUE. The annuity value VALUATION AND of a participant's account is the NONFORFEITURE PROVISIONS amount that can be applied to any annuity income option under this contract. It The annuity value is the sum value of the values of any participant's separate account accumulation units, reduced by premium, sales or similar taxes, if any.units plus the accumulation at annuity value interest rates of: (a) purchase payments allocated to the general account; minus

Appears in 1 contract

Sources: Annuity Contract (Metlife Investors Usa Separate Account A)