Meaning Accumulation unit
What does Accumulation unit mean? Here you find 4 meanings of the word Accumulation unit. You can also add a definition of Accumulation unit yourself
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Accumulation unitAccumulation units are the shares you own in the separate account funds of a variable annuity during the period you're putting money into your annuity. If you own the annuity in a 401(k) plan, each time you make a contribution, that amount is added to one or more of the separate account funds to buy additional accumulation units.The value o [..]
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Accumulation unitDefinition A share of participation in a variable annuity.
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Accumulation unitAn accumulation unit measures the value of contributions made to a variable annuity account and documents a contributor's share of participation in that account. The term is also used to measure [..]
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Accumulation unitAn accumulation unit is a measurement of the value of contributions made to a variable annuity account during the accumulation period of the contract and it documents a contributor's share of par [..]
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