Alternate Withdrawal Charge (4-year)
Product:
AdvisorDesigns Variable Annuity
Status:
Active
Internal name:
Sequence:
3
Rider select rule:
Optional
Participant based on:
Owner
Inception date:
Closed date:
States available:
State exceptions:
Notes:
Owner may elect this rider with CDSC - 7% for 0 to 2 years, 6% for 3rd year, 5% for 4th year, and 0% for 5th year or later.
When added:
At contract issue available with CDSC 0-Year (or 4-Year).
Cancellation / termination:
Once elected may not be cancelled.
Feature termination:
Once elected may not be terminated.
Feature cases
| Case name | Current charge (%) | Max charge (%) | Owner age (min–max) | Annuitant age (min–max) |
|---|---|---|---|---|
| Alternate Withdrawal Charge (4-year) | 0 |