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Accumulation unit

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Accumulation unit. Accumulation 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 of your annuity is figured by multiplying the number of units you own by the dollar value of each unit. During the accumulation phase, that value changes to reflect the changing performance of the underlying investments in the separate account funds.



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The more funds you contribute to your annuity account, the more accumulation units you will build.
5 pc fee on the accumulation units which made up the bulk of the plan.
An accumulation unit for which the annuitant has annuitized their contract.
 
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