Enrollment Fee. A fee of $25 will be paid to AXA Equitable upon enrollment of each new Annuitant in a Simplified Employee Pension. It will be charged against the first Contribution made on behalf of the Annuitant, unless the Annuitant's employer pays the fee.
Appears in 3 contracts
Samples: Individual Retirement Annuity Contract (Separate Account No 301 of Axa Equitable Life Insurance Co), Separate Account No 301 of Axa Equitable Life Insurance Co, Separate Account No 301 of Axa Equitable Life Insurance Co
Enrollment Fee. A An enrollment fee of $25 will be paid to AXA Equitable upon the enrollment of each new Annuitant Participant in a Simplified Employee Pension. It Unless the Participant's employer pays the fee, it will be charged against the first Contribution contribution made on behalf of the Annuitant, unless the Annuitant's employer pays the feeParticipant.
Appears in 1 contract
Samples: Separate Account No 301 of Axa Equitable Life Insurance Co