A group annuity contract is issued by a life insurance company to a taxqualified retirement plan. In group annuities, employees do not own shares of specific funds, but own" units" in the underlying pooled investment. Because of their structure,
A stable value fund is a type of investment available in 401(k) plans and other defined contribution plans as well as some 529 or tuition assistance plans. which issues a group annuity contract directly to the plan.
Jul 17, 2007 group term investment contract separate account investment contract synthetic investment contract. Fully benefitresponsive investment contracts provide a liquidity guarantee by a financially responsible third party of principal and accrued interest for liquidations, transfers, loans, or hardship withdrawals under the terms of the