Specified Period. Payments made over a designated period of time of at least 10 years. The annual amount is calculated by dividing the Current Value as of December 31 of the year prior to the payment year by the number of payment years remaining; or
Appears in 6 contracts
Sources: Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Insurance Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Insurance Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
Specified Period. Payments which are made over a designated period of time of which must be at least 10 years. The annual amount paid each year is calculated by dividing the Current Value as of December 31 of the year prior to the payment year by the number of payment years remaining; or
Appears in 4 contracts
Sources: Individual Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co), Group Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co), Individual Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co)
Specified Period. Payments made over a designated period of time of at least 10 years. The annual amount payment is calculated by dividing the Current Value as of December 31 of the year prior to the payment year by the number of payment years remaining; or
Appears in 1 contract
Sources: Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)