Transfers to and from Income Advantage Account is restricted to - during income phase or after annuitants age 81 are not permitted. Transfers, beginning at least 30 days before the changes as per Supplement dated 15 July, 2016, to 30 days after the changes, affected Contract Owners may transfer contract value from any impacted investment option to one or more of the other Investment Options currently available within the Contract, will not be included in 12 free transfers.
Policy Type:
Variable Annuity
Income Phase Applicable:
No
Current CHG Available:
No
Exceptions:
No
States Available:
States Exception:
Transfer Mode:
Written, Telephone, Internet, Fax
Before Payout Start Date
Unlimited Transfers:
Yes
Max Transfers Per Year:
Free Transfers Per Year:
12
Charge Per Transfer ($):
25
Max Charge Per Transfer ($):
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