Common use of Exceptions to Early Withdrawal Penalties Clause in Contracts

Exceptions to Early Withdrawal Penalties. At our option, we may redeem the account before maturity without imposing an early withdrawal penalty under the following circumstances: i) When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. ii) Within seven (7) calendar days of the account’s establishment.

Exceptions to Early Withdrawal Penalties. At our option, we may redeem pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: i) When : when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. ii. Where the account is an Individual Retirement Account (IRA) Within and any portion is paid within seven (7) calendar days of after establishment or where the account’s establishmentaccount is an IRA and the owner is in required minimum distribution (RMD) or becomes disabled and begins making periodic withdrawals.

Exceptions to Early Withdrawal Penalties. At our option, we may redeem pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: i) When : when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. ii. Where the account is an Individual Retirement Account (IRA) Within and any portion is paid within seven (7) calendar days of after establishment or where the account’s establishmentaccount is an IRA and the owner attains age 59½ or becomes disabled and begins making periodic withdrawals.

Exceptions to Early Withdrawal Penalties. At our option, we may redeem pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: i) When when an account owner dies or is determined legally incompetent by a court or other body of competent ofcompetent jurisdiction. ii) Within seven (7) calendar days of the account’s establishment.

Exceptions to Early Withdrawal Penalties. At our option, we may redeem pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: i) i. When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. ii. There is no penalty for early withdrawal in the event that a sole Certificate owner dies or becomes mentally incompetent. If the account is in two (2) Within seven or more names, however, and one (71) calendar days of owner dies or becomes mentally incompetent, the accountaccount will remain in effect until its scheduled maturity under the remaining joint owner’s establishmentname(s).

Exceptions to Early Withdrawal Penalties. At our option, we may redeem pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: (i) When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. ii) Within seven (7) calendar days of the account’s establishment.

Exceptions to Early Withdrawal Penalties. At our option, we may redeem pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: i) When : when an account owner dies or is determined legally xx- xxxxx incompetent by a court or other body of competent jurisdiction. ii) Within seven (7) calendar days of the account’s establishment.