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If contract value in EQ/Money Market option is at least $5,000, owner may choose, to have a specified dollar amount or percentage of contract value transferred from that option to other variable investment options. Dollar Cost Averaging is not available with Fixed-dollar option. Minimum transfer amount under Fixed-dollar option is $50; all other conditions are same as general dollar cost averaging.
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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 dollar cost averaging program is selected at contract issue, a 60 days rate lock will apply from date of application. Special Dollar Cost Averaging Program is not available with General Dollar Cost Averaging.
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Dollar Cost Average |
Enhanced Dollar Cost Average |
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Owner must have at least $7,500 in guaranteed interest option on date of election.
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Earning Sweep |
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There are two options available - Option I and Option II. Option I allows to rebalance contract value among variable investment options and Option II allows to rebalance among variable investment options and guaranteed interest option.
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Asset Rebalancing |
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