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If CV in EQ/Money Market Option is at least $5,000 owner may choose, to have dollar amount or percentage of CV transferred to variable investment options. General DCA is not available with Guaranteed Withdrawal Benefit for Life, 100% and 125% Principal Guarantee Benefit and Special Money Market DCA. For Guaranteed Withdrawal Benefit for Life & 100% Principal Guarantee Benefit, Issuer offers Fixed-Dollar Option and EQ/Moderate Allocation Portfolio for 125% Principal Guarantee Benefit. Minimum transfer amount under Fixed-Dollar Option is $50; all other conditions are same as General DCA.
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Dollar Cost Average |
Dollar Cost Average |
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Initial allocation to special dollar cost averaging program must be at least $2,000 and subsequent contribution must be at least $250. Only one time period may be in effect at any time and once a time period is selected, may not be changed. If special money market dollar cost averaging program is selected at contract issue, a 60 days rate lock will apply from date of application.
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Dollar Cost Average |
Enhanced Dollar Cost Average |
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Owner must have at least $7,500 in guaranteed interest option on date of election.
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Earning Sweep |
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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.
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Asset Rebalancing |
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