4 5 A B C D E F G H I J K L M N
O P Q R S T U V W X Y Z


NOTE: This glossary is provided as a convenience with the understanding that neither Hartford Life nor its agents or employees provide tax, legal, or investment advice. Since each individual's situation is unique and tax laws are subject to change, a qualified advisor should be consulted before making any decisions.

403(b) Mandatory Tax Withholding
Whenever a distribution is taken from a 403(b) contract, the client is required to withhold 20% in federal income taxes unless the distribution is one of the following: Direct Transfer/rollover, A series of payments of 10 or more years, A series of payments of the client's life expectancy, Hardship, To satisfy their Required Minimum Distribution (RMD). Note: If the client takes an amount in excess of the RMD, only the amount in excess is subject to the mandatory withholding.

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59 1/2 Rule
Any distributions taken prior to age 59 ½ may be subject to a 10% federal income tax penalty. For SIMPLE IRA plans, if the effective date of the plan is less than two years, you may be subject to a 25% federal income tax penalty if you are under age 59 ½. Hartford Life cannot provide tax advice and strongly recommends consulting with a tax advisor for any questions pertaining to distributions from retirement plans.

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ABA(American Bankers Association) Routing Number
A number that identifies the specific financial institution responsible for the payment of a negotiable instrument.

Accumulation Balance
Is equal to contributions to the Personal Pension Account , adjusted for transfers to or from the Contract Value, credited interest, and/or Personal Pension Account Payouts.

Accumulation Phase
The time during which assets accumulate inside the annuity contract on a tax-deferred basis prior to receiving annuity payments.

Accumulation Unit Value
The daily price of accumulation units on any valuation day.

Accumulation Units
In a variable annuity contract, if you allocate your premium payments to any of the investment choices, we will convert those payments into accumulation units in the selected investment choices. Accumulation units are valued at the end of each valuation day and are used to calculate the value of your contract prior to annuitization.

Additional Investment
A contribtution of money into a contract (also know as a "payment").

Anniversary Value
The value equal to the Contract Value as of a Contract Anniversary, increased by the dollar amount of any premium payments made since that anniversary and reduced by the dollar amount of any partial surrenders since that anniversary.

Annual Maintenance Fee (AMF)
An annual charge deducted on a Contract Anniversary or when an annuity contract is surrendered in full if the contract value at either of those times is less than $50,000. The charge is deducted proportionately from each investment choice in which you are invested.

Annual Withdrawal Amount
The amount that can be withdrawn from an annuity each Contract Year without paying a contingent deferred sales charge. This amount is non-cumulative, meaning it cannot be carried over from one year to the next.

Annuitant
The Annuitant is the person on whose life the contract is based. The Annuitant may not be changed after your contract is issued.

Annuity Calculation Date
The date we calculate your first annuity payout.

Annuity Commencement Date
The first day of the first period for which an amount is received as an Annuity.

Annuity Payout Option
Any of the options available for payout after the annuity commencement date or death of the Contract Owner or Annuitant.

Annuity Payout Value
The amount of the Personal Pension Account required to support future period certain Personal Pension Account Payouts. Once Personal Pension Account Payouts begin, the PPA Annuity Payout Value declines on a dollar-for-dollar basis. Interest is not credited to the PPA Annuity Payout Value.

Annuity Unit
An accounting unit of measure used to calculate the value of your Annuity payouts.

Asset Allocation
An investment strategy where your investments are spread across a variety of asset classes.

Assumed Investment Return (AIR)
The investment return upon which variable annuity payments will be based. Depending on the product type, the annual rate of return may be selected by the client or a default rate may be assigned.

Automated Clearing House (ACH)
The national computer system, linked to the Federal Reserve Banking system, that allows participants to electronically transfer money.

Automatic Income Program
A program offered for both fixed and variable annuities which allows the client to receive income automatically from an annuity during the Accumulation phase of the contract. AIP is designed to pay the client up to the maximum allowed under the annuity, systematically, without annuitizing the contract. Distributions can be made monthly, quarterly, semi-annually or annually.

Available Freeout
The remaining amount you can surrender per Contract Year without paying a Contingent Deferred Sales charge. This amount is non-cumulative, meaning that it cannot be carried over from one year to the next.

Available Free Withdrawal Amount
The maximum amount of a contract that the client can redeem without incurring charges or adjustments by the insurer. (Not exclusive of tax penalties)

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Beneficiary
The person or persons you entitled to receive payment of the death benefit upon the death of the Contract Owner or Annuitant.

Benefit Balance
A component of the Personal Pension Account. The Benefit Balance is equal to the sum of the Personal Pension Account and the PPA Annuity Payout Value.
Personal Pension Account: Is equal to contributions to the Personal Pension Account, adjusted for transfers to or from the Contract Value, credited interest, and/or Personal Pension Account Payouts.
PPA Annuity Payout Value: The amount of Personal Pension Account required to support future period certain Personal Pension Account Payouts. Once Personal Pension Account Payouts begin the PPA Annuity Payout Value declines on a dollar-for-dollar basis. Interest is not credited to the PPA Annuity Payout Value.

Broker Dealer
A general term for a securities firm that buys and sells securities on behalf of its customers as well as its own inventory.

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Calculation Method
Elected during Step 2 in the Withdrawal Quote process, this indicates whether the quote is calculated as a gross withdrawal, a net withdrawal, or a withdrawal that is net of sales charges, excluding taxes.

Cash Surrender Value
The amount we pay if you terminate your Contract before the Annuity Commencement Date. The Surrender Value is equal to the Contract Value minus any applicable Charges.

Client Access Line (VRU)
The Client Access Line is an automated telephone service available to Clients and Financial Professionals 24 hours a day, 7 days a week. The telephone number can be found within the "Contact Us" section of the Annuity Contract Access site.

Community Property State
A state where husband and wife signatures are required regardless of ownership, as all assets are deemed to be jointly owned.

Conservation Letter
A letter or form drafted by the surrendering company, which is sent to the client in the hopes of retaining the business. Many companies will not release the funds to The Hartford until they have received the completed form from the client. Often times a telephone call from the client to the surrendering company will satisy the outstanding requirement and the letter will not need to be returned.

Conservation Period
Certain surrendering companies will hold the funds for a predetermined amount of time before sending them to The Hartford. The timeframe varies from company to company. Often times a telephone call from the client to the surrendering company will satisfy the outstanding requirement and the conservation period will be waived.

Contingent Annuitant
The person you may designate to become the annuitant if the original annuitant dies before we begin making annuity payments.

Contingent Beneficiary
The person or persons who are named as the contingent beneficiary/ies will receive the proceeds of the contract only if the primary beneficary/ies have died previous to the onset of the payout to the primary beneficiary/ies.

Contingent Deferred Sales Charge
The deferred sales charge that may apply when you make a full or partial surrender.

Contract Anniversary
The annual anniversary of the date the contract we issued your annuity. If the anniversary falls on a date that is not a valuation day, then the next valuation day will be your contract anniversary for that year.

Contract Owner
The owner or holder of the Contract.

Contract Number
Unique contract identifier, numeric in value.

Contract Status
Current contract condition: "Inforce", "Closed/Liquidated," "Pended", or "In Process".

Contract Value
The total value of your Annuity that we get by adding up the value of each of your investment choices and Fixed Accumulation Feature on any valuation day.

Contract Year
The 12 month period between Contract Anniversaries beginning when the contract is issued.

Custodial Signature
An authorized signature needed, for any business transferring into The Hartford, for policies owned by a custodian.

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Daily Lock Income Benefit
An optional rider that will guarantee income for the life of the Annuitant and Annuitant's Spouse, if applicable based on your Payment Base and the age of the Covered Life when you take your first withdrawal. Once Daily Lock Income Benefit is elected it cannot be terminated. Guarantees are based upon the claims-paying ability of the issuing company. Investment Restrictions are required, see your prospectus for additional information.

Death Benefit
A payment amount the insurer is obligated to distribute to the appropriate party upon receiving a claim request that is in good order.

Deferred Annuity
An annuity with an accumulation phase that provides for the initiation of payments at some designated future date or age. It is purchased with either a single or periodic premium.

Direct Rollover
Qualified plan money, other than IRA money, that moves directly from one financial institution to another financial institution. The client never receives the qualified plan money. The transaction occurs between two financial institutions.

Direct Transfer
Money moves directly from one IRA to another IRA. The client never receives the IRA money or the money moves from a non-IRA qualified plan to the same type of plan at another institution.

Dollar-Cost Averaging
Dollar Cost Averaging gives the potential for the stock market's ups and downs to work for you, because you are purchasing more shares when prices are low and fewer shares when prices are high. This results in the opportunity to buy more shares at a lower average unit price. Continuous or periodic investment plans neither assure a profit nor protect against loss in declining markets. Because Dollar Cost Averaging involves continuous investing regardless of fluctuating price levels, you should carefully consider your financial ability to continue investing through periods of fluctuating prices.

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Early Distribution
Taxable distributions (and certain deemed distributions) are subject to ordinary income tax and if taken prior to age 59 ½ , may also be subject to a 10 % federal income tax penalty. Early surrender charges may also apply.

Electronic Funds Transfer
Also know as ACH(Automated Clearing House)The national computer system, linked to the Federal Reserve Banking system, that allows participants to electronically transfer money.

EPB
The Earnings Protection Benefit (EPB) is a death benefit enhancement that can be elected on eligible contracts to complement the existing Death Benefit feature. The EPB became available on January 29, 2001. The EPB is calculated by taking the earnings or gain on the contract since the benefit was elected multiplied by the benefit percentage, based on the age of the oldest Owner, Joint Owner, or Annuitant on the date the benefit was elected.

For clients age 69 or younger, the benefit percentage is 40%. For clients age 70 to 75, the benefit percentage is 25%. The amount of earnings/contract gain used to calculate the EPB cannot exceed 200% of the contract value on the date EPB was elected. This amount is adjusted for any partial surrenders or subpayments that occur after the effective date.

This explanation above pertains to new contracts issued with the Earnings Protection Benefit. The calculation will differ when the EPB is added to an existing contract. Please see a current prospectus regarding the calculation of the EPB.

The EPB is available for an additional annual charge equal to .20%, subtracted daily. This charge will continue until annuity payments begin. It is not available in NY and WA or if the owner(s) or annuitant is over age 75.

Once EPB is elected it cannot be terminated.

Please consult a qualified tax advisor regarding how this death benefit may affect your estate plan or if you are considering adding it to a contract that will fund your IRA.

Death Benefits, including the Earnings Protection Benefit, may be subject to ordinary income tax.

Established Date
When viewing Transaction History this date will follow the Transaction Type description for DCA Plus Programs only. It represents the first occurrence of that particular DCA Plus Program.

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Federal Withholding
The amount of federal taxes the client requests The Hartford to withhold and forward to the US Government on the client’s behalf. Certain tax laws apply so if you have specific tax related questions, please consult your tax advisor.

Financial Professional (Broker)
A NASD registered individual representing a broker/dealer or issuer when buying or selling a security for a client.

Fixed Annuity
An annuity that guarantees a specific interest rate for a specified period of time. An annuity contract in which the issuing company makes fixed (or guaranteed) dollar payments to the annuitant for the terms of the contract.

Fixed Annuity Payout
An Annuity providing guaranteed fixed dollar payments which remain fixed throughout the payout period and are not subject to market fluctuations.

Fixed Index Annuity
An annuity that may periodically credit an amount of interest that is based, in part, on the performance of one or more external index.

Form 1099-R
An Internal Revenue Service(IRS) form individuals use to report their distributions from annuities, profit-sharing plans, retirement plans, IRAs, insurance contracts and/or pensions. The form includes the gross distribution paid during the given tax year, the amount of the distribution that is taxable, the federal income tax that has been withheld, the contributions made to the investment or premiums paid, and a code that represents the type of distributions made to the holder of the plan.

Free Withdrawal Amount
The portion of the quoted Net Amount that would avoid sales charges from The Hartford, per the provisions of your contract. This amount will still be subject to Federal and State taxes if applicable.

Full Withdrawal Quote
An option that allows client to review the effects of hypothetically closing their contract.

Fund (sub-account)
The subdivisions of the Separate Account which are used to determine how the Contract Owner's Contract is allocated between the underlying funds.

Future Payment Allocations
Indicates the allocation selection for future payments in the variable Annuity Contract.

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Gross Withdrawal Amount
The amount requested would be reduced by any applicable charges, tax withholding elections, and fees.

Gross Withdrawal Election
On the Calculation Page in Withdrawal Quote, it is the amount requested would be reduced by any applicable charges, tax withholding elections, overnight fees and/or wire fees. Example: $1000 withdrawn from contract, $100 held for sales charges, $100 held for federal taxes, Quote amount is $800.

Guarantee End Date
The date associated with the end of the Guarantee Window, if applicable.

Guarantee Living Benefit Amount
The Income Preferred product has a unique feature that protects the client’s premium payments from a volatile market. This feature is called the Guaranteed Living Benefit Rider. This benefit guarantees that the available withdrawals over the life of the contract will be no less than the amount of purchase payments, regardless of the contract value, as long as the contract remains in Living Benefit Status.

Guarantee Period
For some fixed or guaranteed annuity products, the period of time for which the initial or subsequent guarantee rate is applicable; the length of time the guarantee rate applies (1,3, 5, 6, 7, 8, 9, 10 years).

Guarantee Start Date
The date associated with the beginning of the Guarantee Window, if applicable.

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Income Option
The Annuity Payout Option selected for payment of PPA Annuity Payouts.

Individual Retirement Account (IRA)
A tax-deferred retirement account for an individual that qualifies for special tax treatment under Section 408(a) of the Internal Revenue Code.

Individual Retirement Annuity (IRA)
A tax-deferred retirement Annuity for an individual that qualifies for special tax treatment under Section 408(b) of the Internal Revenue Code.

Internal Revenue Code (IRC)
The Internal Revenue Code of 1986, as ammended.

InvestEase®
An Electronic Fund Transfer (EFT) program that allows Hartford Life to automatically withdraw money from a client's checking or savings account for contribution to a variable annuity.

Investment Choice Abbreviation
The abbreviated name of the investment choice(s) where your money is allocated.

Investment Choice Value
The value of each investment choice.

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Joint Owner
A person whose Annuity Contract ownership rights are equal to those of another person identified as the Contract Owner.

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Legacy Lock
With the Legacy Lock Death Benefit, your beneficiary(ies) will receive the greatest of:

a) Premium payments (excluding premium payments applied to the Personal Pension Account) adjusted for any withdrawals made prior to the Lifetime Income Eligibility Date, or any withdrawals in excess of the LIfetime Benefit Payment, or transfer to the Personal Pension Account: or
b) Premium payments (excluding premium payments applied to the Personal Pension Account) you have made to us adjusted for any withdrawals, or transfer to the Personal Pension Account; or
c) The Contract Value, minus the Premium Based Charge, if applicable.

The Hartford's Lifetime Income Builder
Provides a single Benefit Amount payable as two separate but bundled benefits which form the entire benefit. In other words, it is a guarantee of the Benefit Amount that can be accessed two ways: a Withdrawal Benefit that offers both Benefit Payments and Lifetime Benefit Payments and a Guaranteed Minimum Death Benefit. Depleting the Benefit Amount by taking Withdrawal Benefits or Surrenders will reduce or eliminate the Guaranteed Minimum Death Benefit.

The Hartford's Lifetime Income Builder II - Single Life:
is an optional lifetime guaranteed minimum withdrawal benefit. There is the potential for an increase in lifetime benefit payments based on the performance of the contract owners investments. The single life option does not guarantee lifetime payments after the first death of any Covered Life.

The Hartford's Lifetime Income Builder II - Joint/Spousal Life:
is an optional lifetime guaranteed minimum withdrawal benefit. There is the potential for an increase in lifetime benefit payments based on the performance of the contract owners investments. The spousal continuation option utilizes the spousal continuation provision of the base contract to guarantee lifetime payments until the death of the last surviving spouse.

The Hartford's Lifetime Income Foundation - Single Life:
is an optional lifetime guaranteed minimum withdrawal benefit that provides lifetime benefit payments with the potential for increases if the contract value is greater than the payment base at anniversary. The single life option does not guarantee lifetime payments after the first death of any Covered Life.

The Hartford's Lifetime Income Foundation - Joint/Spousal Life:
is an optional lifetime guaranteed minimum withdrawal benefit that provides lifetime benefit payments with the potential for increases if the contract value is greater than the payment base at anniversary. The spousal continuation option utilizes the spousal continuation provision of the base contract to guarantee lifetime payments until the death of the last surviving spouse.

The Hartford's Lifetime Income Builder Selects - Single Life:
An optional benefit that will guarantee you income for life based on (a) the age of the Relevant Covered Life when you take your first partial Surrender and (b) the annual performance of investment options you selected. Your Payment Base can increase by 0-10% each year on your Contract Anniversary date. The last Payment Base increase, if applicable, will occur on the Contract Anniversary date immediately following the Relevant Covered Life's 90th birthday. Guarantees are based upon the claims-paying ability of the issuing company.

The Hartford's Lifetime Income Builder Selects - Joint/Spousal Life:
An optional benefit that will guarantee you, the Contract Owner, and your Spouse, as Joint Owner or Beneficiary, income for life based on (a) the age of the Relevant Covered Life when you take your first partial Surrender and (b) the annual performance of investment options you selected. Your Payment Base can increase by 0-10% each year on your Contract Anniversary date. The last Payment Base increase, if applicable, will occur on the Contract Anniversary date immediately following the Relevant Covered Life's 90th birthday. Guarantees are based upon the claims-paying ability of the issuing company.

The Hartford's Lifetime Income Builder Portfolios - Single Life:
An optional benefit that will guarantee you income for life based on (a) the age of the Relevant Covered Life when you take your first partial Surrender and (b) the annual performance of investment options you selected. Your Payment Base can increase up to your Contract Value each year on your Contract Anniversary date. The last Payment Base increase, if applicable, will occur on the Contract Anniversary date immediately following the Relevant Covered Life's 90th birthday. Guarantees are based upon the claims-paying ability of the issuing company.

The Hartford's Lifetime Income Builder Portfolios - Joint/Spousal Life:
An optional benefit that will guarantee you, the Contract Owner, and your Spouse, as Joint Owner or Beneficiary, income for life based on (a) the age of the Relevant Covered Life when you take your first partial Surrender and (b) the annual performance of investment options you selected. Your Payment Base can increase up to your Contract Value each year on your Contract Anniversary date. The last Payment Base increase, if applicable, will occur on the Contract Anniversary date immediately following the Relevant Covered Life's 90th birthday. Guarantees are based upon the claims-paying ability of the issuing company.

The Hartford's Lifetime Income Portfolios - Single Life:
is an Optional Benefit that will guarantee you income for life based on (a) your age when you begin your first withdrawal and (b) the annual performance of the model you selected. Your guaranteed income will increase by the percentage your account value increases due to the performance of the model you select each year, if applicable, on the contract anniversary date. The last benefit increase, if applicable, will occur on the contract anniversary date immediately following the relevant covered life's 80th birthday. Guarantees are based upon the claims-paying ability of the issuing company.

The Hartford's Lifetime Income Portfolios - Joint/Spousal Life:
is an Optional Benefit that will guarantee you as the Contract Owner and your spouse (designated as Joint Owner or beneficiary) income for life. The Relevant Covered Life is the younger of the two for purposes of determining the withdrawal percent. Your guaranteed income for life is based on (a) the age when the Relevant Covered Life begins to take withdrawals, and (b) the performance of investment options you selected each year. Your guaranteed income will increase by the percentage your account value increases due to the performance of the model you select each year, if applicable, on the contract anniversary date. The last benefit increase, if applicable, will occur on the contract anniversary date immediately following the relevant covered life's 80th birthday. Guarantees are based upon the claims-paying ability of the issuing company.

Lost Policy Statement
A form required if the purchaser of a new annuity cannot provide The Hartford with a copy of their current policy with the surrendering company.

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Market Value Adjustment (MVA)
A formula used to adjust the Contract Value of a modified guaranteed Annuity to reflect current interest rates at the time of a surrender prior to the end of the guarantee period.

Maximum Anniversary Value (MAV)
The Maximum Anniversary Value is based on a series of calculations on the Contract Anniversaries of Contract Values, Premium Payments and Partial Surrenders. We will calculate an Anniversary Value for each contract Anniversary prior to the deceased's 81st birthday or date of death, whichever is earlier. The Anniversary Value is equal to the Contract Value as of a Contract Anniversary, increased by the dollar amount any Premium Payments made since that anniversary and reduced by the dollar amount of any Partial Surrenders since that anniversary. The Maximum Anniversary Value is equal to the the greatest Anniversary Value attained from this series of calculations.

Maximum Daily Value
The Maximum Daily Value Death Benefit provides a death benefit payable before the Annuity Commencement Date of an amount equal to the greater of (a) Premium Payments adjusted for withdrawals and Transfers, (b) Maximum Daily Value, or (c) Contract Value, minus the Premium Based Charge, if applicable, upon the death of any Owner or Annuitant.

Mortality and Expense Risk Charge
Charges for assuming Mortality and Expense Risks under the Contract. Generally, the charges are deducted daily, at an annual rate specified in the product's prospectus.

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Net Amount
This hypothetical value on the Results Page in Withdrawal Quote represents the amount the customer completing the quote would receive, based on the elections made, if this was an actual withdrawal.

Net of Contingent Deferred Sales Charges/Gross of Tax Withholding Selection
The amount requested is reduced by any applicable tax withholding elections. Any applicable charges are withdrawn from your contract and do not affect the amount requested.

Net Withdrawal Amount
The amount requested is withdrawn. Any applicable charges and tax withholding elections will be withdrawn from your contract and not affect the amount requested.

New York Stock Exchange (NYSE)
The oldest and largest stock exchange in the U.S., located on Wall Street in New York City. Responsible for setting policy, supervising member activities, listing securities, overseeing the transfer of member seats, and evaluating applicants.

Non-Qualified Contract
A contract which is not classified as tax-qualified under the Internal Revenue Code.

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ODB
The Optional Death Benefit (ODB) is a benefit option available for variable annuity contracts. The ODB will provide your beneficiary with the greater of the Guaranteed Death Benefit or 5% annual growth of premium, up to 200% of premiums minus proportional surrenders. It is calculated until the 81st birthday or the time of death, whichever is earlier. This benefit option can be elected at either the time of purchase or when the contract is in force. When the Optional Death Benefit is elected, the ODB is included as one of the factors in the calculation of the death benefit.

The ODB is available for an additional annual charge equal to .15%, subtracted daily. This charge will continue until annuity payments begin. It may not be available if the owner(s) or annuitant is over 75 and is not available in NY and WA.

Once ODB is elected it cannot be terminated.

Outdated Signature
Paperwork must be signed in a reasonable timeframe.

Outstanding Loan
The client has an existing loan on the surrendering contract, which must be repaid prior to transfering the funds to The Hartford.

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Partial Withdrawal Quote
An option that allows clients to review the effects of hypothetically withdrawing a portion of their contract’s value.

Payment Allocation
Indicates the investment choice allocation percentages a premium payment will be invested into if there is an absence of specific instructions included with a premium payment.

Personal Identification Number (PIN)
Security access code specific to an individual allowing access to various contract information on the Client Access Line and Annuity Contract Access site.

Personal Pension Account
A fixed, deferred, paid-up annuity investment feature that is designed to provide guaranteed lifetime payouts. The Personal Pension Account is not a formal pension plan and does not fall under federal Employee Retirement Income Security Act of 1974 (ERISA) or any other regulations or guidelines. The Personal Pension Account has no Cash Value. The Personal Pension Account may not be available for certain Qualified Plan Types, ownership arrangements, or in all states. Please see the prospectus for additional information.

Personal Pension Account Income Stream
Annuity Payout Value(s) are reduced by Personal Pension Account Payouts. A series of Payouts can also be referred to as an "Income Stream".

Personal Pension Account Next Occurrence
The next scheduled occurrence of a Personal Pension Account Payout.

Personal Pension Account Payout
Periodic payments of Annuity Payout Value(s) in accordance with an Annuity Payout Option.

Personal Pension Account Payout Frequency
How often the Payee will receive Personal Pension Account Payouts. Available payout frequencies include monthly, quarterly, semi-annually and annually. Once you select a frequency, it cannot be changed.

Personal Pension Account Status
The status indicates whether or not Personal Pension Account Payouts are being disbursed. Statuses shown will be active, suspended and life contingent.
Active - Personal Pension Account Payouts are being disbursed from this contract at the frequency indicated.
Life contingent - A Personal Pension Account Payout will display a status of "Life Contingent" when the Annuity Payout Value amount has been depleted by commutation(s) or if the Cash Refund portion of the payout option has been paid. Personal Pension Account Payouts will resume (or continue) at the date indicated provided that the Owner, joint Owner, or the Annuitant are living at that time.
Suspended - A Personal Pension Account Payout will display a status of "Suspended" if we have been notified of a death or if a specialized maintenance request has been received.

Plan Type
Defines whether a contract is Qualified or Non Qualified.

Premium Payment
A payment made to Hartford Life to be made to your contract.

Premium Surrender Charge
A charge for the cancellation of an annuity contract.

Premium Tax
A tax charged by a state or municipality on premium payments.

The Hartford's Premium Back Guarantee:
is an optional benefit that protects Premium Payments by guaranteeing annual Benefit Payments until the Benefit Amount, rather than the Contract Value, has been reduced to zero. Guarantees are based upon the claims-paying ability of the issuing company.

The Hartford's Principal First Benefit Amount
The Benefit Amount is the basis used to determine the maximum payout guaranteed under The Hartford's Principal First. The initial Benefit Amount is your Premium Payment(s). The Benefit Amount is reduced as we make payments. The Benefit Amount is referred to as the Guaranteed Remaining Balance in your Contract.

The Hartford's Principal First Preferred Benefit Amount
The Benefit Amount is the basis used to determine the maximum payout guaranteed under The Hartford's Principal First Preferred. The initial Benefit Amount is your Premium Payment(s). The Benefit Amount is reduced as we make payments. The Benefit Amount is referred to as the Guaranteed Remaining Balance in your Contract.

The Hartford's Principal First Step Up Date
This date represents five years from the benefit election date or your most recent step-up.

The Hartford's Principal First 5 Year Elective Step Up
Any time on or after the 5th rider anniversary date the Hartford's Principal First rider was elected, you may elect to step-up the Benefit Amount. If you choose to step-up the Benefit Amount, your Benefit Amount is recalculated to equal your total Contract Value. Your Benefit Payment amount will also be recalculated and will become the greater of the Benefit Payment amount prior to the step-up or 7% of the new Benefit Amount. You cannot exercise the step-up election if your current Benefit Amount is higher than your Contract Value. Each time you step-up your Benefit Amount, the annual charge for The Hartford's Principal First rider will be recalculated and may be increased as outlined in the current prospectus and within your contract provisions. Once the step-up is processed, it is irrevocable and you will not have the opportunity to request another step-up until five years from the date of the last successful step-up.

Product Name
Name of the product used to fund the contract.

Prospectus
The disclosure document required by the Securities Act of 1933. It must be given to purchasers of securities registered with the SEC.

Purchase Date
Date on which the contract was established.

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Qualified Contract
A contract that is issued in connection with certain types of tax favored retirement arrangements.

Qualified Retirement Plan
A retirement plan, which meets the qualification requirements set forth in the Internal Revenue Code and the regulations. Qualified plans are eligible for tax-favored treatment.

Quote Type
An option elected during Step 1 in the Withdrawal Quote process, which indicates whether the illustration is for a full or partial withdrawal.

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Rate / No. Units
Number of units of a variable sub-account.

Reallocation
The ability to rebalance an entire Variable Annuity's Contract Value to new allocations by assigning whole percentages to eligible investment choices.

Request for Annuity A form completed by someone wishing to purchase an annuity contract. It must be signed by the prospective owner and the financial professional who sold the product.

Required Minimum Distribution (RMD)
The minimum annual required distribution amount for an IRA holder who reaches age 70 1/2; also called mandatory minimum distribution. The first minimum distribution is due by April 1 of the calendar year following the year the participant attains age 70 1/2. Distributions in subsequent years must be made by December 31.

Right to Cancel/Right to Examine
The ability of the contract owner to cancel their contract within a certain period of time without incurring contingent deferred sales charge. The time period and amount refunded is determined by each state.

Rollover
A tax-free transfer of assets from one retirement program to another retirement program.

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Sales Charge
The amount charged on the purchase or redemption of an annuity contract.

Signature Guarantee
A financial institution guarantees that the signature is not a forgery. A signature guarantee may be executed by an 'eligible' guarantor. Eligible guarantors include Commercial Banks, Trust Companies, Savings Associations and credit unions as defined by the Federal Deposit Insurance Act. Also included are member firms of a domestic stock exchange.

Specified Anniversary Value (SAV)
The Specified Anniversary Value is based on a series of calculations on the Contract Anniversaries of Contract Values, Premium Payments and Partial Surrenders. We will calculate an Anniversary Value for the 6th or 7th contract Anniversary (please see contract for specifics) prior to the deceased's 85th birthday or date of death, whichever is earlier. The Anniversary Value is equal to the Contract Value as of a Contract Anniversary, increased by the dollar amount any Premium Payments made since that anniversary and reduced by the dollar amount of any Partial Surrenders since that anniversary. The Specified Anniversary Value is equal to the greatest Anniversary Value attained from this series of calculations.

The Specified Anniversary Value is available on Director version 3,4 and 5, Putnam Hartford Capital Manager version 2,3 and 4 and Wheat First Employee.

State Premium Tax
The amount of tax, if any, charged by a state or municipality on purchase payments, from gross surrender values upon surrender, or from the amount applied to effect an annuity.

State Withholding
The amount of state taxes the client requests The Hartford to withhold and forward to the client’s state government on their behalf. Certain tax laws apply so if you have specific tax related questions, please consult your tax advisor.

State Replacement Form
A form required by certain states in order to transfer/exchange from one insurance product to another.

Sub Account(Fund)
The subdivisions of the Separate Account which are used to determine how the Contract Owner's Contract is allocated between the underlying funds.

Surrender
A complete or partial withdrawal from an annuity contract.

Surrendering Company
The company from which the funds are being transferred.

Surrender Value
The amount we pay you if you terminate your contract before the annuity commencement date. The surrender value is equal to the contract value minus any applicable charges.

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TAMRA
Technical and Miscellaneous Reform Act of 1988 - All annuities purchased in the same year with the same owner and Social Security Number are treated as one contract for determining taxation at the time of a withdrawal.

Target Income Age
Upon initial contribution into the Personal Pension Account, investors choose a Target Income Age when they think they are likely to begin receiving Personal Pension Account Payouts. The Target Income Age establishes a guarantee window during which Personal Pension Account Payouts are guaranteed based on Personal Pension Account Payout Rates associated to your contract.

Total Personal Pension Account Contributions
The sum of all contributions to the Personal Pension Account made by way of Deposit, Transfer, or any other method approved by Us.

Total Premium Payments
Total contributions made to the contract since the Purchase Date.

Total Surrenders
The total gross amount withdrawn from the contract since the Purchase Date.

Transfer
The ability to move money by whole dollars or whole percents from one investment choice to another investment choice.

Triggering Event
Typically required for qualified retirement plans in order for the contract to be eligible to be transferred. The three events that are most common are Separation of Service, Client has attained age 59 1/2, or client is disabled.

Trust
A legal arrangement that is created when a person or organization transfers assets to a trustee for the benefit of the recipients designated by the trust.

Trustee
A person, firm, or corporation which is responsible for managing the trust's assets.

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Unit Value
The daily price per unit. This price fluctuates based on the performance of the underlying funds.

Unit Value
The unit price for a particular investment choice.

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Variable Annuity Payout
An annuity providing payments, which vary in amount, based on the investment performance of the underlying funds.

VRU (Client Access Line)
Hartford Life's VRU is called The Client Access Line. The Client Access Line is an automated telephone service available to Clients and Financial Professionals 24 hours a day, 7 days a week. The telephone number can be found within the "Contact Us" section of the Annuity Contract Access site.

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Withdrawal Quote
A utility that allows the user to obtain a detailed estimate of a potential withdrawal. This feature will not be available for contracts that are in-force for 30 days or less.