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Wash. Rev. Code § 48.23.480

Optional maturity dates

Washington · Revised Code of Washington Chapter 48.23 — Life Insurance and Annuities · Status: effective

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Wash. Rev. Code § 48.23.480, Optional maturity dates, Washington, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1519085
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For the purpose of determining the benefits calculated under RCW 48.23.460 and 48.23.470, 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 is 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.