Description |
Payment Completion Date |
Type : Date |
Definition |
The payment completion date of the annuity contract or life insurance policy.Use Case 1: If there are multiple 1035 exchanges or qualified transfers coming in and need to identify the final transfer is complete.Use Case 2: Could put up a Rights of Accumulation to make a certain amount of payments within a time period. For example for the next three months will put in $100k to get the higher interest rate, and might only have $10k now. Need to specify that the final payment has been completed. |
Parents |
Policy |