Description of Tables Sample Clauses
The "Description of Tables" clause defines how tables referenced in the agreement are to be interpreted and understood. It typically clarifies that any tables included in the contract, such as pricing schedules, deliverables lists, or timelines, are considered an integral part of the agreement and are binding on the parties. This clause may also specify how to resolve discrepancies between the tables and the main text. Its core function is to ensure that all tabular information is clearly incorporated and enforceable, preventing misunderstandings or disputes over the content and status of tables within the contract.
Description of Tables. The attached tables show the actual first monthly payment for each $1,000 applied to variable annuity payments. Under the First, Second and Third Options, the amount of each payment will depend upon the age and gender of the Annuitant at the time the first payment is due. Under the Fourth and Fifth Options, the amount of the first payment will depend upon the gender of both Annuitants and their ages at the time the first payment is due. Gender will not be used to determine the amount of the annuity payable if this contract is issued to qualify under certain sections of the Internal Revenue Code. If gender is used to determine the amount of annuity payable, the annuity tables at the end of this contract will provide rates of payment for male Annuitants and female Annuitants. VA03-16/17 Page16 Printed in U.S.A. B661R0.FRM
Description of Tables. The attached Annuity Tables show the minimum dollar amount of the monthly payments for each $1,000 applied under the first six options. Under the first, second or third options, the amount of each payment will depend upon the age and gender of the Annuitant at the time the first payment is due. Under the fourth and fifth options, the amount of each payment will depend upon the gender of both Annuitants and their ages at the time the first payment is due. Gender will not be used to determine the amount of the Annuity payable if this Contract is issued to qualify under certain sections of the Internal Revenue Code. If gender is used to determine the amount of Annuity payable, the Annuity Tables at the end of this Contract will provide rates of payment for male Annuitants and female Annuitants.
Description of Tables. The Tables contained herein show the dollar value of accumulation units required to purchase a first monthly payment of $1.00, and the accumulation units applied to effect an annuity for an Annuitant will be at the accumulation unit value on the tenth day immediately preceding the date annuity payments commence. Amounts shown in the Tables are based on the Progressive Annuity Table with interest at the rate of 3 1/2% per annum and assume births in the year 1900. The amount of each payment will depend upon the sex of the Annuitant and the Annuitant's adjusted age at the time the first payment is due, where adjusted age shall be determined in accordance with the following: Calendar Year of Birth Before 1901 1901-1915 1916 -1935 1936-1955 1956-1975 Adjusted Age is Actual Age plus 1 minus 0 minus 1 minus 2 minus 3 Actual Age, as used above, shall mean nearest birthday at the time the first payment is due. If it would produce greater benefits, VALIC agrees that the first monthly payment to an Annuitant will be determined on the same mortality and interest basis used in determining rates for immediate annuities then being issued for this class of Annuitant. DOLLAR VALUE OF ACCUMULATION UNITS REQUIRED TO PURCHASE AN ANNUITY WITH A FIRST MONTHLY PAYMENT OF $1.00 Options A, B and C - Single Life Annuities Adjusted Age Monthly Payments Guaranteed ------------ ------------------------------------------------------------ Male Female None 60 120 180 Unit Refund ------------ ---------- ------- ------- ---------- ----------- ------------ 50 54 $210.85 $211.36 $213.06 $216.23 $220.90 51 55 206.73 207.30 209.18 212.68 217.38 52 56 202.54 203.17 205.26 209.12 213.91 53 57 198.27 198.97 201.28 205.55 210.30 54 58 193.93 194.70 197.26 201.96 206.62 55 59 189.51 190.37 193.20 198.39 202.99 56 60 185.03 185.98 189.11 194.82 199.23 57 61 180.48 181.54 185.00 191.28 195.40 58 62 175.87 177.04 180.87 187.77 191.64 59 63 171.21 172.50 176.73 184.31 187.75 60 64 166.49 167.93 172.59 180.91 183.78 61 65 161.73 163.32 168.47 177.58 179.90 62 66 156.93 158.69 164.37 174.34 175.90 63 67 152.09 154.05 160.30 171.19 171.81 64 68 147.23 149.40 156.28 168.16 167.86 65 69 142.35 144.75 152.31 165.25 163.76 66 70 137.46 140.11 148.42 162.48 159.58 67 71 132.57 135.50 144.62 159.86 155.59 68 72 127.67 130.91 140.92 157.40 151.42 69 73 122.79 126.37 137.32 155.12 147.16 70 74 117.93 121.89 133.86 153.01 143.19 71 75 113.11 117.47 130.54 151.09 138.97 72 76 108.32 113.13 127.37 149.36 134.66 73 ...
Description of Tables. The attached tables show the actual first monthly payment for each $1,000 applied to variable annuity payments. Under the First, Second and Third Options, the amount of each payment will depend upon the age and gender of the Annuitant at the time the first payment is due. Under the Fourth and Fifth Options, the amount of the first payment will depend upon the gender of both Annuitants and their ages at the time the first payment is due. Gender will not be used to determine the amount of the annuity payable if this contract is issued to qualify under certain sections of the Internal Revenue Code. If gender is used to determine the amount of annuity payable, the annuity tables at the end of this contract will provide rates of payment for male Annuitants and female Annuitants. The variable payment annuity tables for the First through Fifth Options are based on the [1983a Individual Annuity Mortality Table projected to the year 2000 using Projection Scale G and the Assumed Investment Return]. The table for the Sixth Option is based on an Assumed Investment Return.
Description of Tables. The Tables contained herein show the amount of the first monthly payment under Options 3, 4 and 5 that can be provided by a number of accumulation units having a value of $1,000 after deduction of any premium taxes payable. The dollar value of the accumulation units applied will be calculated on the basis of the accumulation unit value as of the last day of the tenth Valuation Period preceding the Annuity Commencement Date and such value will be reduced by any premium taxes payable before application to effect a Retirement Annuity. The amount of each monthly payment will depend upon the sex and age of the person with respect to whom the Retirement Annuity is effected at the Annuity Commencement Date. Age, as used above, shall mean age nearest birthday at the Annuity Commencement Date. The tables are based on The Annuity Table for 1949 for males, set back one year for males and six years for females, and a net investment rate of 3.5% per annum for the General Account and Separate Account (FV columns of rates) and 5% per annum for the Separate Account (V columns of rates). The Owner may elect prior to the Annuity Commencement Date that variable annuity payments be based on an assumed net investment rate of 3.5% per annum or 5% per annum. In the absence of such election, the net investment rate of 3.5% per annum will be used. AMOUNT OF FIRST MONTHLYPAYMENT FOR EACH $1,000 AFTER DEDUCTION OF ANY PREMIUM TAXES OPTION THREE PAYMENTS FOR A FIXED PERIOD Years Amount of Payments Years Amount of Payments Years Amount of Payments of Pay- of Pay- of Pay- ments FV V ments FV V ments FV V ------- ------ ------ ------- ----- ----- ------- ----- ----- 1 $84.65 $85.21 11 $9.09 $9.77 21 $5.56 $6.33 2 43.05 43.64 12 8.46 9.16 22 5.39 6.17 3 29.19 29.80 13 7.94 8.64 23 5.24 6.02 4 22.27 22.89 14 7.49 8.20 24 5.09 5.88 5 18.12 18.74 15 7.10 7.82 25 4.96 5.76 6 15.35 15.99 16 6.76 7.49 26 4.84 5.65 7 13.38 14.02 17 6.47 7.20 27 4.73 5.54 8 11.90 12.56 18 6.20 6.94 28 4.63 5.45 9 10.75 11.42 19 5.97 6.71 29 4.53 5.36 10 9.83 10.51 20 5.75 6.51 30 4.45 5.28 OPTION FOUR LIFE INCOME WITH Payments Guaranteed for a Fixed Period of Months ----------------------------------------------------------------------------------------- Age of Payee None 120 180 240 Male Female FV V FV V FV V FV V ---- ------ ----- ----- ----- ----- ----- ----- ----- ----- 50 55 $4.98 $5.89 $4.89 $5.78 $4.77 $5.65 $4.62 $5.48 51 56 5.08 5.99 4.98 5.86 4.85 5.71 4.68 5.53 52 57 5.18 6.09 5.07 5.95 4.93 5.79 4.74...
Description of Tables. The Annuity Tables show the minimum dollar amount of monthly Annuity Payments for each $1,000 applied under each of the Annuity Options. The Annuity Tables for all of the Annuity Options, excluding the Guaranteed Payment Period Annuity option, vary based on the modified age of the Annuitant(s) in accordance with the Modified Age Table. The modified age will equal the Annuitant's attained age as of the Annuity Commencement Date less a specified number of years, if any, as shown in the Modified Age Table as follows: MODIFIED AGE TABLE The mortality assumption for all of the Annuity Options, excluding the Guaranteed Payment Period Annuity option, is based on the Annuity 2000 Mortality Table projected forward using Improvement Table G, an annuitization year of 2020 and generational mortality improvement based on Improvement Table G for every projection year thereafter. The interest rate basis for all of the Annuity Options is 0.5%. For modified ages, combinations of genders, Guaranteed Payment Periods, Annuity Payment Frequencies, and interest rates not shown in these tables, Annuity Payments will be calculated in a manner consistent with the values in these Annuity Tables. LIFE ANNUITY WITH CASH REFUND, LIFE ANNUITY AND LIFE ANNUITY WITH 10 YEARS OF ANNUITY PAYMENTS GUARANTEED FL-FPVATA-12 JOINT AND LAST SURVIVOR ANNUITY AND JOINT AND LAST SURVIVOR ANNUITY WITH 10 YEARS OF ANNUITY PAYMENTS JOINT AND LAST SURVIVOR ANNUITY
Description of Tables. The Tables contained herein show the dollar value of accumulation units required to effect a variable annuity and a fixed annuity with a first monthly payment of $1.00 under each of the Optional Annuity Forms. The dollar value of the accumulation units applied will be calculated on the basis of the accumulation unit value as of the last day of the tenth Valuation Period preceding the Annuity Commencement Date. The amount of each monthly payment will depend upon the sex and adjusted age of the person with respect to whom the Retirement Annuity is effected at the Annuity Commencement Date. Adjusted age is determined as follows: Calendar Year of Birth Before 1901 1901-1915 1916 - 1935 1936 - 1955 1956 - 1975 Adjusted Age is Actual Age plus 1 minus 1 minus 2 minus 3 Actual age, as used above, shall mean age nearest birthday at the Annuity Commencement Date. The amounts shown in Tables I and II are based on the Progressive Annuity Table, assuming year of birth 1900, and the investment rate set forth in Item 2 of the Specifications. If it would produce greater benefits, Aetna agrees that the first monthly payment to the Annuitant will be determined on the same mortality and interest basis used in determining rates for immediate annuities then being issued for this class of Annuitant. Table I - VARIABLE ANNUITIES DOLLAR VALUE REQUIRED TO PURCHASE AN ANNUITY WITH A FIRST MONTHLY PAYMENT OF $1.00 If so provided in the preceding paragraph of this Section 2.05, the following amounts must be increased by the premium taxes payable at the time benefits are purchased. Options A, B and C - Single Life Annuities Monthly Payments Guaranteed ------------------------------------------------------------- Adjusted Age Male Female None 60 120 180 Unit Refund -------------------------- ------- ------- ------- ------- ----------- 50 54 $210.85 $211.36 $213.06 $216.23 $220.90 51 55 206.73 207.30 209.18 212.68 217.38 52 56 202.54 203.17 205.26 209.12 213.91 53 57 198.27 198.97 201.28 205.55 210.30 54 58 193.93 194.70 197.26 201.96 206.62 55 59 189.51 190.37 193.20 198.39 202.99 56 60 185.03 185.98 189.11 194.82 199.23 57 61 180.48 181.54 185.00 191.28 195.40 58 62 175.87 177.04 180.87 187.77 191.64 59 63 171.21 172.50 176.73 184.31 187.75 60 64 166.49 167.93 172.59 180.91 183.78 61 65 161.73 163.32 168.47 177.58 179.90 62 66 156.93 158.69 164.37 174.34 175.90 63 67 152.09 154.05 160.30 171.19 171.81 64 68 147.23 149.40 156.28 168.16 167.86 65 69 142.35 144.75 152.31 165.25 163.76 66...
Description of Tables. The attached Annuity Tables show the minimum dollar amount of the monthly payments for each $1,000 applied under each of the Annuity Options. Under the Life Annuity, Life Annuity with a Cash Refund, or Life Annuity with Payments for a Period Certain options, the amount of each payment will depend upon the age and gender of the Annuitant at the time the first payment is due. Under the Joint and Last Survivor Annuity and Joint and Last Survivor Annuity with Payments for a Period Certain options, the amount of each payment will depend upon the gender of both Annuitants and their ages at the time the first payment is due. Gender will not be used to determine the amount of the Annuity payable if this Contract is issued to qualify under certain sections of the Internal Revenue Code. If gender is used to determine the amount of Annuity payable, the Annuity Tables at the end of this Contract will provide rates of payment for male Annuitants and female Annuitants.
Description of Tables. The Annuity Tables show the minimum dollar amount of monthly Annuity Payments for each $1,000 applied under each of the Annuity Options. The Annuity Tables for all of the Annuity Options, excluding the Guaranteed Payment Period Annuity option, vary based on the modified age of the Annuitant(s). The modified age will equal the Annuitant’s Attained Age as of the Annuity Commencement Date less a specified number of years as follows: The mortality assumption for all of the Annuity Options, excluding the Guaranteed Payment Period Annuity option, is based on the Annuity 2000 Mortality Table projected forward using Improvement Table G, an annuitization year of 2020 and generational mortality improvement based on Improvement Table G for every projection year thereafter. The interest rate basis for all of the Annuity Options is 0.5%. For modified ages, combinations of genders, Guaranteed Payment Periods, Annuity Payment Frequencies, and interest rates not shown in these tables, Annuity Payments will be calculated in a manner consistent with the values in these Annuity Tables. A24RILA-SPDA-02 16 A24RILA-SPDA-02 17
Description of Tables. The Annuity Tables show the minimum dollar amount of monthly Annuity Payments for each $1,000 applied under each of the Annuity Options. The Annuity Tables for all of the Annuity Options, excluding the Guaranteed Payment Period Annuity option, vary based on the modified age of the Annuitant(s). The modified age will equal the Annuitant’s Attained Age as of the Annuity Commencement Date less a specified number of years as follows: The mortality assumption for all of the Annuity Options, excluding the Guaranteed Payment Period Annuity option, is based on the Annuity 2000 Mortality Table projected forward using Improvement Table G, an annuitization year of 2020 and generational mortality improvement based on Improvement Table G for every projection year thereafter. The interest rate basis for all of the Annuity Options is 0.5%. For modified ages, combinations of genders, Guaranteed Payment Periods, Annuity Payment Frequencies, and interest rates not shown in these tables, Annuity Payments will be calculated in a manner consistent with the values in these Annuity Tables. CONTRACT NUMBER: [SPECIMEN] ISSUE DATE: [07/15/2013] OWNER: [J▇▇▇▇ ▇▇▇▇▇] OWNER AGE: [35] JOINT OWNER: [N/A] JOINT OWNER AGE: [N/A] ANNUITANT: [J▇▇▇▇ ▇▇▇▇▇] ANNUITANT AGE: [35] ANNUITANT GENDER: [MALE] [JOINT ANNUITANT:] [ N/A ] [JOINT ANNUITANT AGE:] [ N/A ] [JOINT ANNUITANT GENDER:] [ MALE ] BENEFICIARY: [A▇▇ ▇▇▇▇▇] PREMIUM PAYMENT: $[100,000] MINIMUM ALLOCATION TO ANY STRATEGY: $[2,500] MINIMUM CONTRACT VALUE: $[2,500] MINIMUM WITHDRAWAL AMOUNT: $[1,000] MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $[100] WITHDRAWAL CHARGE PERIOD: [6Years] ANNUITY COMMENCEMENT DATE: [01/01/2032] MINIMUM ANNUITY PAYMENT: $[100] MINIMUM NONFORFEITURE AMOUNT PREMIUM FACTOR: [87.5]% FIXED STRATEGY NONFORFEITURE RATE: [1.00] % ANNUITY SERVICE CENTER: All correspondence concerning this contract should be sent to: [ Address for U. S. P. S. First Class Mail: Forethought Life Insurance Company Annuity Service Center P.O. Box 12345 Anytown, State, 12345-1111] [ Address for Overnight Mail: Forethought Life Insurance Company Annuity Service Center Mail 4▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇] Contract year [1]: [Greater of [10]% Premium Payment or the Required Minimum Distribution for Your Contract for the Calendar Year in which the Contract Year begins] Contract year [2] and later: [Greater of [10]% of Contract Value on Previous Anniversary or the Required Minimum Distribution for Your Contract for the Calendar Year in which th...