Annual crediting cap

Annual crediting cap is the maximum rate that the equity-indexed annuity can be credited in a year. If a contract has an upper limit, or cap, of 8 percent and the index linked to the annuity gained 8.3 percent, only 8 percent would be credited to the annuity.

Nearby pages
Annual Percentage Rate, Annual Ring, Annualized Growth Rates, Annuitant, Annuitization, Annuitization Options