Common use of Employer plan fee withdrawals Clause in Contracts

Employer plan fee withdrawals. To the extent provided by the terms of the employer plan, and in accordance with TIAA’s procedures, TIAA will withdraw amounts from the contract’s accumulation, to pay fees associated with the administration of the plan. The amount and the effective date of an employer plan fee withdrawal will be in accordance with the terms of the employer plan. TIAA will determine all values as of the end of the effective date. An employer plan fee withdrawal cannot be revoked after it has been withdrawn. An employer plan fee withdrawal reduces the accumulation from which it is paid by the amount withdrawn. No surrender charge applies to employer plan fee withdrawals. If a portion of an employer plan fee withdrawal is payable from an employee’s Traditional Annuity accumulation and different rate schedules apply to different parts of the employee’s accumulation, the portion applied to provide the withdrawal will be allocated among the parts on a pro-rata basis in accordance with procedures established by TIAA.

Employer plan fee withdrawals. To the extent provided by The contractholder may, in accordance with the terms of the employer plan, and in accordance with TIAA’s procedures, instruct TIAA will to withdraw amounts from the contract’s accumulation, to pay fees associated with the administration of the plan. The amount and the effective date of an employer plan fee withdrawal will be in accordance with the terms of the employer plan. TIAA will determine all values as of the end of the effective date. An employer plan fee withdrawal cannot be revoked after it has been withdrawn. An employer plan fee withdrawal reduces the accumulation from which it is paid by the amount withdrawn. No surrender charge applies to employer plan fee withdrawals. If a portion of an employer plan fee withdrawal is payable from an employee’s Traditional Annuity accumulation and different rate schedules apply to different parts of the employee’s accumulation, the portion applied to provide the withdrawal will be allocated among the parts on a pro-rata basis in accordance with procedures established by TIAA.

Employer plan fee withdrawals. To the extent provided by The contractholder may, in accordance with the terms of the employer plan, and in accordance with TIAA’s proceduresapproval, instruct TIAA will to withdraw amounts from the contract’s accumulation, to pay fees associated with the administration of the plan. The amount and the effective date of an employer plan fee withdrawal will be in accordance with the terms of the employer plan. TIAA will determine all values as of the end of the effective date. An employer plan fee withdrawal cannot be revoked after it has been withdrawn. An employer plan fee withdrawal reduces the accumulation from which it is paid by the amount withdrawn. No surrender charge applies to employer plan fee withdrawals. If a portion of an employer plan fee withdrawal is payable from an employee’s Traditional Annuity accumulation and different rate schedules apply to different parts of the employee’s accumulation, the portion applied to provide the withdrawal will be allocated among the parts on a pro-rata basis in accordance with procedures established by TIAA.

Employer plan fee withdrawals. To the extent provided by The contractholder may, in accordance with the terms of the employer plan, and in accordance with TIAA’s proceduresapproval, instruct TIAA will to withdraw amounts from the contract’s accumulation, to pay fees associated with the administration of the plan. TIAA reserves the right to suspend or reinstate its approval for a plan to make such withdrawals from your contract. The amount and the effective date of an employer plan fee withdrawal will be in accordance with the terms of the employer plan. TIAA will determine all values as of the end of the effective date. An employer plan fee withdrawal cannot be revoked after it has been withdrawn. An employer plan fee withdrawal reduces the accumulation from which it is paid by the amount withdrawn. No surrender charge applies to employer plan fee withdrawals. If a portion of an employer plan fee withdrawal is payable from an employee’s Traditional Annuity accumulation and different rate schedules apply to different parts of the employee’s accumulation, the portion applied to provide the withdrawal will be allocated among the parts on a pro-rata basis in accordance with procedures established by TIAA.