During accumulation phase, maximum amount that may be transferred from fixed account during a contract year is greatest of - 1) 25% of amount in fixed account, 2) total amount transferred from fixed account to sub-account in previous year and 3) 25% of contract value. During income phase, not permitted.
Product:
Accumulator Elite '06 Series
Policy Type:
Variable Annuity
Income Phase Applicable:
No
Current CHG Available:
No
Exceptions:
No
States Available:
States Exception:
Transfer Mode:
Written, Telephone, Internet
Before Payout Start Date
Unlimited Transfers:
Yes
Max Transfers Per Year:
Free Transfers Per Year:
Charge Per Transfer ($):
Max Charge Per Transfer ($):
From Fixed Account (MVA/EIA):
No
After Payout Start Date
Unlimited Transfers:
No
Max Transfers Per Year:
Free Transfers Per Year:
Charge Per Transfer ($):
From Fixed Account (MVA/EIA):
No
Options
DCA Included:
No
Rebalancing:
No
Asset Allocation:
No
Sweep Included:
No