Common use of Coronavirus-Related Distributions (CRDs Clause in Contracts

Coronavirus-Related Distributions (CRDs. If you qualify, you may withdraw up to $100,000 in aggregate from your IRAs and eligible retirement plans as a CRD, without paying the 10 percent early distribution penalty tax. You are a qualified individual if you (or your spouse or dependent) is diagnosed with the COVID-19 disease or the SARS-CoV-2 virus in an approved test; or if you have experienced adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of child care due to such virus or disease, closing or reduced hours of a business owned or operated by you due to such virus or disease, or other factors as determined by the IRS. A CRD must be made on or after January 1, 2020, and before December 31, 2020. CRDs will be taxed ratably over a three-year period, unless you elect otherwise. If you are a spouse beneficiary, you may repay these distributions over three years beginning with the day fol- lowing the day a CRD is made. Repayments may be made to your eligible retirement plan or IRA. An eligible retirement plan is defined as a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or an IRA. IRA FINANCIAL DISCLOSURE INVESTMENT RESPONSIBILITIES You may direct the investment of your funds within this Inherited IRA into any investment instrument offered by or through the Cus- todian. Except as provided for in a separate writing, the Custodian will not exercise any investment discretion, or provide investment recommendations or advice regarding your IRA, as this is solely your responsibility. The value of your Inherited IRA will be solely dependent upon the performance of any investment instrument chosen by you to fund your Inherited IRA. Therefore, no projection of the growth of your Inherited IRA can reasonably be shown or guaranteed. Terms and conditions of the Inherited IRA which affect your invest- ment decisions are listed below.

Coronavirus-Related Distributions (CRDs. If you qualify, you may withdraw up to $100,000 in aggregate from your IRAs and eligible retirement plans as a CRD, without paying the 10 percent early distribution penalty tax. You are a qualified individual if you (or your spouse or dependent) is diagnosed with the COVID-19 disease or the SARS-CoV-2 virus in an approved test; or if you have experienced adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of child care due to such virus or disease, closing or reduced hours of a business owned or operated by you due to such virus or disease, or other factors as determined by the IRS. A CRD must be made on or after January 1, 2020, and before December 31, 2020. CRDs will be taxed ratably over a three-year period, unless you elect otherwise. If you are a spouse beneficiary, you and may repay these distributions be repaid over three years beginning with the day fol- lowing following the day a CRD is made. Repayments may be made to your an eligible retirement plan or IRA. An eligible retirement plan is defined as a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or an IRA. IRA FINANCIAL DISCLOSURE INVESTMENT RESPONSIBILITIES You may direct the investment of your funds within this Inherited IRA into any investment instrument offered by or through the Cus- todian. Except as provided for in a separate writing, the Custodian will not exercise any investment discretion, or provide investment recommendations or advice regarding your IRA, as this is solely your responsibility. The value of your Inherited Traditional IRA will be solely dependent upon the performance of any investment instrument chosen by you to fund your Inherited Traditional IRA. Therefore, no projection of the growth of your Inherited Traditional IRA can reasonably be shown or guaranteed. Terms There are certain fees and conditions charges connected with the investments you may select for your Traditional IRA. Such fees and charges may include sales commissions, investment management fees, distribution fees, set up fees, annual maintenance fees, and surrender or termination fees. To find out what fees apply, read the prospectus or contract which will describe the terms of the Inherited investment you choose, We reserve the right to change any of the above fees after notice to you, as provided in your Traditional IRA which affect Agreement. The method for computing and allocating annual earnings (interest, dividends, etc.) on your invest- ment decisions are listed belowinvestments will vary with the nature and issuer of the investment chosen. Please refer to the prospectus or contract of the investment(s) of your choice for the method(s) used for computing and allocating annual earnings.

Coronavirus-Related Distributions (CRDs. If you qualify, you may withdraw up to $100,000 in aggregate from your IRAs and eligible retirement plans as a CRD, without paying the 10 percent early distribution penalty tax. You are a qualified individual if you (or your spouse or dependent) is diagnosed with the COVID-19 disease or the SARS-CoV-2 virus in an approved test; or if you have experienced adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of child care due to such virus or disease, closing or reduced hours of a business owned or operated by you due to such virus or disease, or other factors as determined by the IRS. A CRD must be made on or after January Janu- ary 1, 2020, and before December 31, 2020. CRDs will be taxed ratably over a three-year period, unless you elect otherwise. If you are a spouse beneficiary, you and may repay these distributions be repaid over three years beginning with the day fol- lowing following the day a CRD is made. Repayments may be made to your an eligible retirement plan or IRA. An eligible retirement plan is defined as a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or an IRA. SIMPLE IRA FINANCIAL DISCLOSURE INVESTMENT RESPONSIBILITIES You may direct the investment of your funds within this Inherited SIMPLE IRA into any investment instrument offered by or through the Cus- todianCustodian. Except as provided for in the Retirement Account Addendum or in a separate writing, the Custodian will not exercise any investment invest- ment discretion, or provide investment recommendations or advice regarding your SIMPLE IRA, as this is solely your responsibility. The value of your Inherited SIMPLE IRA will be solely dependent upon the performance of any investment instrument chosen by you to fund your Inherited SIMPLE IRA. Therefore, no projection of the growth of your Inherited SIMPLE IRA can reasonably be shown or guaranteed. Terms and conditions of the Inherited SIMPLE IRA which affect your invest- ment decisions are listed below.

Coronavirus-Related Distributions (CRDs. If you qualify, you may withdraw up to $100,000 in aggregate from your IRAs and eligible retirement plans as a CRD, without paying the 10 percent early distribution penalty tax. You are a qualified individual if you (or your spouse or dependent) is diagnosed with the COVID-19 disease or the SARS-CoV-2 virus in an approved test; or if you have experienced adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of child care due to such virus or disease, closing or reduced hours of a business owned or operated by you due to such virus or disease, or other factors as determined by the IRS. A CRD must be made on or after January 1, 2020, and before December 31, 2020. CRDs will be taxed ratably over a three-year period, unless you elect otherwise. If you are a spouse beneficiary, you and may repay these distributions be repaid over three years beginning with the day fol- lowing following the day a CRD is made. Repayments may be made to your an eligible retirement plan or IRA. An eligible retirement plan is defined as a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or an IRA. IRA FINANCIAL DISCLOSURE INVESTMENT RESPONSIBILITIES You may direct the investment of your funds within this Inherited IRA Xxxx XXX into any investment instrument offered by or through the Cus- todianCustodian. Except as provided for in a separate writing, the Custodian will not exercise any investment discretion, or provide investment recommendations recom- mendations or advice regarding your IRA, as this is solely your responsibility. The value of your Inherited IRA Xxxx XXX will be solely dependent upon the performance per- formance of any investment instrument chosen by you to fund your Inherited IRAXxxx XXX. Therefore, no projection of the growth of your Inherited IRA Xxxx XXX can reasonably be shown or guaranteed. Terms and conditions of the Inherited IRA Xxxx XXX which affect your invest- ment investment decisions are listed below.

Coronavirus-Related Distributions (CRDs. If you qualify, you may withdraw up to $100,000 in aggregate from your IRAs and eligible retirement plans as a CRD, without paying the 10 percent early distribution penalty tax. You are a qualified individual if you (or your spouse or dependent) is diagnosed with the COVID-19 disease or the SARS-CoV-2 virus in an approved test; or if you have experienced adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of child care due to such virus or disease, closing or reduced hours of a business owned or operated by you due to such virus or disease, or other factors as determined by the IRS. A CRD must be made on or after January 1, 2020, and before December 31, 2020. CRDs will be taxed ratably over a three-year period, unless you elect otherwise. If you are a spouse beneficiary, you and may repay these distributions be repaid over three years beginning with the day fol- lowing following the day a CRD is made. Repayments may be made to your an eligible retirement plan or IRA. An eligible retirement plan is defined as a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or an IRA. IRA FINANCIAL DISCLOSURE INVESTMENT RESPONSIBILITIES You may direct the investment of your funds within this Inherited IRA into any investment instrument offered by or through the Cus- todian. Except as provided for in a separate writing, the Custodian will not exercise any investment discretion, or provide investment recommendations or advice regarding your IRA, as this is solely your responsibility. The value of your Inherited IRA Xxxx XXX will be solely dependent upon the performance of any investment instrument chosen by you to fund your Inherited IRAXxxx XXX. Therefore, no projection of the growth of your Inherited IRA Xxxx XXX can reasonably be shown or guaranteed. Terms There are certain fees and conditions charges connected with the investments you may select for your Xxxx XXX. Such fees and charges may include sales commissions, investment management fees, distribution fees, set up fees, annual maintenance fees, and surrender or termination fees. To find out what fees apply, read the prospectus or contract which will describe the terms of the Inherited IRA which affect investment you choose, We reserve the right to change any of the above fees after notice to you, as provided in your invest- ment decisions are listed belowXxxx XXX Agreement.

Coronavirus-Related Distributions (CRDs. If you qualify, you may withdraw up to $100,000 in aggregate from your IRAs and eligible retirement plans as a CRD, without paying the 10 percent early distribution penalty tax. You are a qualified individual if you (or your spouse or dependent) is diagnosed with the COVID-19 disease or the SARS-CoV-2 virus in an approved test; or if you have experienced adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of child care due to such virus or disease, closing or reduced hours of a business owned or operated by you due to such virus or disease, or other factors as determined by the IRS. A CRD must be made on or after January 1, 2020, and before December 31, 2020. CRDs will be taxed ratably over a three-year period, unless you elect otherwise. If you are a spouse beneficiary, you may repay these distributions over three years beginning with the day fol- lowing the day a CRD is made. Repayments may be made to your eligible retirement plan or IRA. An eligible retirement plan is defined as a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or an IRA. IRA FINANCIAL DISCLOSURE INVESTMENT RESPONSIBILITIES You may direct the investment of your funds within this Inherited IRA Xxxx XXX into any investment instrument offered by or through the Cus- todianCustodian. Except as provided for in a separate writing, the Custodian will not exercise any investment discretion, or provide investment recommendations or advice regarding your IRA, as this is solely your responsibility. The value of your Inherited IRA Xxxx XXX will be solely dependent upon the performance of any investment instrument chosen by you to fund your Inherited IRAXxxx XXX. Therefore, no projection of the growth of your Inherited IRA Xxxx XXX can reasonably be shown or guaranteed. Terms and conditions of the Inherited IRA Xxxx XXX which affect your invest- ment investment decisions are listed below. INVESTMENT OPTIONS You choose the investments which will fund your Inherited Xxxx XXX. Your investment choices are limited to investments we offer directly or those that are acceptable to us as Custodian. FEES There are certain fees and charges connected with the invest- ments you may select for your Inherited Xxxx XXX. These fees and charges may include the following. • Sales Commissions • Set-Up Fees • Investment Management Fees • Annual Maintenance Fees • Distribution Fees • Surrender or Termination Fees To find out what fees apply, read the prospectus or contract, which will describe the terms of the investment you choose. There may be certain fees and charges connected with the Inherited Xxxx XXX itself. These include: • Transfer Fees • Termination Fees • Rollover Fees • Annual Maintenance Fees • Private Placement Fees • Alternative Investment Fees We reserve the right to change any of the above fees after notice to you, as provided in your Inherited Xxxx XXX Plan Agreement.

Coronavirus-Related Distributions (CRDs. If you qualify, you may withdraw up to $100,000 in aggregate from your IRAs and eligible retirement plans as a CRD, without paying the 10 percent early distribution penalty tax. You are a qualified individual if you (or your spouse or dependent) is diagnosed with the COVID-19 disease or the SARS-CoV-2 virus in an approved test; or if you have experienced adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of child care due to such virus or disease, closing or reduced hours of a business owned or operated by you due to such virus or disease, or other factors as determined by the IRS. A CRD must be made on or after January 1, 2020, and before December 31, 2020. CRDs will be taxed ratably over a three-year period, unless you elect otherwise. If you are a spouse beneficiary, you and may repay these distributions be repaid over three years beginning with the day fol- lowing following the day a CRD is made. Repayments may be made to your an eligible retirement plan or IRAXXX. An eligible retirement plan is defined as a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or an IRAXXX. IRA XXX FINANCIAL DISCLOSURE INVESTMENT RESPONSIBILITIES You may direct the investment of your funds within this Inherited IRA XXX into any investment instrument offered by or through the Cus- todianCustodian. Except as provided for in a separate writing, the The Custodian will not exercise any investment discretion, or provide investment recommendations or advice discretion regarding your IRAXXX, as this is solely your responsibility. The value of your Inherited IRA XXX will be solely dependent upon the performance of any investment instrument chosen by you to fund your Inherited IRAXXX. Therefore, no projection of the growth of your Inherited IRA XXX can reasonably be shown or guaranteed. Terms and conditions of the Inherited IRA XXX which affect your invest- ment investment decisions are listed below.

Coronavirus-Related Distributions (CRDs. If you qualifyqualified in 2020, you may were able to withdraw up to $100,000 in aggregate from your IRAs and eligible retirement plans as a CRD, without paying the 10 percent early distribution penalty tax. You are were a qualified individual if you (or your spouse or dependent) is was diagnosed with the COVID-19 disease or the SARS-CoV-2 virus in an approved test; or if you have experienced adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of child care due to such virus or disease, closing or reduced hours of a business owned or operated by you due to such virus or disease, or other factors as determined by the IRS. A CRD must be have been made on or after January 1, 2020, and before December 31, 2020. CRDs will be taxed ratably over a three-year period, unless you elect elected otherwise. If you are a spouse beneficiary, you and may repay these distributions be repaid over three years beginning with the day fol- lowing following the day a CRD is made. Repayments may be made to your an eligible retirement plan or IRA. An eligible retirement plan is defined as a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or an IRA Form 5305-SA under section 408(p) of the Internal Revenue Code. FORM (Rev. April 2017) The participant named on the application is establishing a savings incentive match plan for employees of small employers individual retirement account (SIMPLE IRA. IRA FINANCIAL DISCLOSURE INVESTMENT RESPONSIBILITIES You may direct ) under sections 408(a) and 408(p) to provide for his or her retirement and for the investment support of your funds within this Inherited IRA into any investment instrument offered by his or through the Cus- todian. Except as provided for in a separate writing, the Custodian will not exercise any investment discretion, or provide investment recommendations or advice regarding your IRA, as this is solely your responsibilityher beneficiaries after death. The value of your Inherited IRA will be solely dependent upon custodian named on the performance of any investment instrument chosen application has given the participant the disclosure statement required by you to fund your Inherited IRARegulations section 1.408-6. Therefore, no projection of The participant and the growth of your Inherited IRA can reasonably be shown or guaranteed. Terms and conditions of custodian make the Inherited IRA which affect your invest- ment decisions are listed below.following agreement: