Waiver of Withdrawal Charge - 5 Years and Age 59 1/2
Product:
AEA Valuebuilder Variable Annuity
Status:
Terminated
Internal name:
Sequence:
7
Rider select rule:
Optional
Participant based on:
Owner
Inception date:
Closed date:
2010-02-01
States available:
State exceptions:
Notes:
Benefit provides waiver of CDSC, in case of - 1) owner's age 59 1/2 or older, or 2) owner has made purchase payments on quarterly basis for at least 5 full contract years.
When added:
No longer available for new purchases.
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) |
|---|---|---|---|---|
| Waiver of Withdrawal Charge - 5 Years and Age 59 1/2 | 0 | 0 | 0 – 80 |