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Not available in state WA and under Option B. Options - General Dollar Cost Averaging Program (GDCAP), Special money market Dollar Cost Averaging Program (minimum allocation - $2,000 ($250 - thereafter) and Fixed-Dollar option under Investment Simplifier. Only one of the three programs can be elected. For GDCAP contract value in EQ/Money Market Portfolio should be at least $5,000 and for Fixed-Dollar option - $5,000 in fixed account. Under Fixed-Dollar option transfers of fixed-dollar amount are made out of fixed account into specified sub-accounts monthly.
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Dollar Cost Average |
Dollar Cost Average |
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Available as Special Dollar Cost Averaging Program. Not available if GMIB converted to GWBL and with general dollar cost averaging program and investment simplifier. Only new contribution can be allocated under the program; minimum allocation - $2,000 ($250 - thereafter). Under Option A allowed part allocation of purchase payment; 100% required under Option B.
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Dollar Cost Average |
Enhanced Dollar Cost Average |
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Not available in state WA; under Option B and with special dollar cost averaging program. Issuer allows transferring of interest in fixed account to other sub-accounts on monthly basis provided minimum value in fixed account is or exceeds $7,500.
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Earning Sweep |
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If Option A elected recurring optional rebalancing program is not available, instead can rebalance contract value by submitting a request. If Option B elected, rebalancing is done under automatic quarterly rebalancing program.
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Asset Rebalancing |
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