Beacon Data Entry
Variable Annuity Features

Additional Withdrawal Without Charge and Disability Waiver

Status: Terminated
Internal name:
Sequence: 2
Rider select rule: Optional
Participant based on: Owner
Inception date:
Closed date: 2013-05-01
States available:
State exceptions:
Notes:

Rider allows owner to withdraw an additional 5% (a total of 15%) of total purchase payments each year without incurring a CDSC. Option also contains a disability waiver which provides waiver of CDSC if contract owner is disabled after contract is issued but before reaching age 65.

When added:

No longer available for new purchases.

Feature cases

Case name Current charge (%) Max charge (%) Owner age (min–max) Annuitant age (min–max)
Additional Withdrawal Without Charge and Disability Waiver 0 0