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Beacon
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Variable Annuity
Systematic transfers
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Nirmala
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Accumulator Plus '04 NY Series
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Systematic Transfers
Accumulator Plus '04 NY Series - Systematic Transfers
+ New Systematic Transfer
Notes
Transfer Type
DCA Type
Actions
If contract value in EQ/Money Market option is at least $5,000, owner may choose, to have a specified dollar amount or percentage of contract value transferred from that option to other variable investment options. Dollar Cost Averaging is not available with Guaranteed withdrawal benefit for life and Special Dollar Cost Averaging Program. For Guaranteed withdrawal benefit for life, Issuer offers Fixed-dollar option. Minimum transfer amount under Fixed-dollar option is $50; all other conditions are same as general dollar cost averaging.
Dollar Cost Average
Dollar Cost Average
Systematic Transfer
Dollar Cost Average
Enhanced Dollar Cost Average
Owner must have at least $7,500 in guaranteed interest option on date of election.
Earning Sweep
There are two options available - Option I and Option II. Option I allows to rebalance contract value among variable investment options and Option II allows to rebalance among variable investment options and guaranteed interest option.
Asset Rebalancing