Bail-Out Provision

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Bail-Out Provision

In a variable annuity, a clause stating that the annuitant can make early withdrawals without penalty if the return on the annuity falls below a certain stated amount.
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103) This provides another form of the bailout provisions provided in the current form of the VRA.
The Irish Government is opposing the challenge to Ireland's corporation tax rates in exchange for reform of the EU bailout provisions agreed to by Fianna Fail in the final months of the previous government.
Gerald Hebert, An Assessment of the Bailout Provisions of The Voting
Following the Senate passage of its bailout provisions, NCUA Board Chairman Michael Fryzel said, "Today's Senate approval of NCUA's Corporate Credit Union Stabilization Fund and accompanying provisions such as increased borrowing authority, is an unmistakable affirmation by lawmakers that the credit union industry can and will take care of its own problems.
Limitations of loss carryforwards: For businesses that have ownership changes under a restructuring plan required by a Treasury loan agreement or line of credit under the bailout provisions of the Emergency Economic Stabilization Act, P.
More insidiously, this legislation was passed because most attention was focused on the much larger financial bailout provisions.
Examples include the guaranteed minimum withdrawal benefit and guaranteed lifetime withdrawal benefit in variable annuities; the accelerated benefits features now common to many life policies, triggered by long term care and/or terminal illness; the commutation features in newer lifetime income policies; and the bailout provisions in some fixed annuities.
The Minnesota Department of Commerce last year became concerned with certain GIC bailout provisions that allowed holders of contracts to turn them in before the scheduled maturity date without the kind of penalty or adjustment that would normally occur.
In 1982, Congress changed the bailout provisions of the Voting Rights Act to provide incentives for jurisdictions to seek a bailout.
End corporate bailouts, including the Troubled Asset Relief Program, that artificially prop up industries, and end "Buy American" and other bailout provisions that reward backward protectionist policies that will hurt America's ability to compete in the global economy.
Question--Do the bailout provisions found in some single premium life insurance policies make them good short-term investments?
Another method is to choose annuities with bailout provisions and other guarantees.