Charges typically are asset based (or, expressed as a percentage of account value, e.g., 15 basis points is the same as 0.15%). A guaranteed minimum income benefit (GMIB) rider is designed to provide the investor with a base amount of lifetime income when they retire regardless of how the investments have performed.
Define state house. state house synonyms, state house pronunciation, state house translation, English dictionary definition of state house. also state house n. A building in which a state legislature holds sessions; a state capitol. n NZ a house built by the government for renting
If the trust or estate has a tax home in a state with a state income tax, guess what? You get to file a state income tax return there. How do you know where the estate or trustâs tax home is? In the case of an estate, the tax home is the state where the decedent was domiciled at the time of his or her death.