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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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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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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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