New Hampshire § 409-A:8 Determination of Maturity Date

New Hampshire Statutes

§ 409-A:8 — Determination of Maturity Date

New Hampshire § 409-A:8

Title XXXVIIINSURANCE

Ch. 409-ASTANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES

This text of New Hampshire § 409-A:8 (Determination of Maturity Date) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 409-A:8 (2026).

Text

For the purpose of determining the benefits calculated under RSA 409-A:6 and 409-A:7, in the case of annuity contracts under which an election may be made to have annuity payments commence at optional maturity dates, the maturity date shall be deemed to be the latest date for which election shall be permitted by the contract, but shall not be deemed to be later than the anniversary of the contract next following the annuitant's seventieth birthday or the tenth anniversary of the contract, whichever is later.

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For the purpose of determining the benefits calculated under RSA 409-A:6 and 409-A:7, in the case of annuity contracts under which an election may be made to have annuity payments commence at optional maturity dates, the maturity date shall be deemed to be the latest date for which election shall be permitted by the contract, but shall not be deemed to be later than the anniversary of the contract next following the annuitant's seventieth birthday or the tenth anniversary of the contract, whichever is later.