Issuer reserve the right to charge a maximum of up to $25 per transfer after 12 transfers within a contract year. Transfers out of Fixed Account to Sub-accounts are subject to 1) 25% of Fixed Account value in any contract year 2) minimum $300. The cross-reinvestment service automatically transfers the Contract Value in a designated Subaccount.
Product:
American Legacy Signature 1 (NY)
Policy Type:
Variable Annuity
Income Phase Applicable:
No
Current CHG Available:
No
Exceptions:
No
States Available:
States Exception:
Transfer Mode:
Written, Telephone, Internet, Fax
Before Payout Start Date
Unlimited Transfers:
Yes
Max Transfers Per Year:
Free Transfers Per Year:
12
Charge Per Transfer ($):
Max Charge Per Transfer ($):
25
From Fixed Account (MVA/EIA):
Yes
After Payout Start Date
Unlimited Transfers:
No
Max Transfers Per Year:
3
Free Transfers Per Year:
Charge Per Transfer ($):
From Fixed Account (MVA/EIA):
No
Options
DCA Included:
No
Rebalancing:
No
Asset Allocation:
No
Sweep Included:
No