Portfolio Choice Account
Status:
Terminated
Internal name:
Sequence:
1
Rider select rule:
Optional
Participant based on:
Owner and Annuitant
Inception date:
Closed date:
2015-04-30
States available:
State exceptions:
Notes:
Principal focus of Portfolio Choice Account is investment performance. Benefit offers a variety of standard features including multiple variable investment options, annuitization options, systematic withdrawals, and dollar cost averaging; but does not offer any guaranteed values. Benefit does not have any asset allocation restrictions. Benefit is not available with QP contracts. Available during accumulation phase only.
When added:
No longer available for new purchases.
Cancellation / termination:
Once elected may not be cancelled.
Feature termination:
Once elected may not be terminated.
Feature cases
| Case name | Current charge (%) | Max charge (%) | Owner age (min–max) | Annuitant age (min–max) |
|---|---|---|---|---|
| Portfolio Choice Account | 0 | 0 | 80 | 80 |