Accumulated contributions of a group out of which immediate annuities are purchased as the individual members of the group retire.
The state which has primary regulatory responsibility for the company. It may differ from the location of the company’s corporate headquarters. You do not have to be living in the domicile state to purchase insurance from this firm, provided it is licensed to do business in your state. It is possible for two unrelated companies to have the same name if they are domiciled in different states.