Beacon Data Entry
Variable Annuity 5% Penalty Free Withdrawal Rider
⌘K
5P
● Active

5% Penalty Free Withdrawal Rider

Modified over 6 years ago
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DTCC ID —
RIDER TYPE GLWB
COMPANY —
INCEPTION Nov 01, 2018
Details BBE Reset EEB Multiplier Bonus Vesting Rollup Floor Charge ABP
Identity
Name
5% Penalty Free Withdrawal Rider
Internal name
5% Penalty Free Withdrawal Rider
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Active
Inception date
Nov 01, 2018
Benefit description

Beginning in the second policy year, any surrender charges and MVA will be waived for the first withdrawal in a policy year of amount up to 5% of the account value as of the last policy anniversary.