Common use of MINIMUM AND MAXIMUM AMOUNT TO BE TRANSFERRED Clause in Contracts

MINIMUM AND MAXIMUM AMOUNT TO BE TRANSFERRED. The minimum amount that may be transferred from a Subaccount is $500, or your entire interest in the Subaccount, if less (excluding transfers resulting from our Pre-scheduled Transfer programs. The minimum amount that may be transferred from the Fixed Account during the Accumulation Period is $500, or your entire interest in the Fixed Account. Transfers out of the Fixed Account during the Accumulation Period shall be limited to the greater of (a) 25% of the Fixed Account Value at the beginning of the Contract Year, or (b) the amount transferred out of the Fixed Account in the prior Contract Year.

Appears in 3 contracts

Samples: Annuity Contract (First Metlife Investors Variable Annuity Account One), Annuity Contract (First Metlife Investors Variable Annuity Account One), Annuity Contract (First Metlife Investors Variable Annuity Account One)

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MINIMUM AND MAXIMUM AMOUNT TO BE TRANSFERRED. The minimum amount that may be transferred from a Subaccount is $500, or your entire interest in the Subaccount, if less (excluding transfers resulting from our Pre-scheduled Transfer programs. The minimum amount that may be transferred from the Fixed Account during the Accumulation Period is $500, or your entire interest in the Fixed Account. Transfers out of the Fixed Account during the Accumulation Period shall be limited to the greater of (a) 25% of the Fixed Account Value at the beginning of the Contract Year, or (b) the amount transferred out of the Fixed Account in the prior Contract Year.. WITHDRAWALS:

Appears in 1 contract

Samples: Annuity Contract (First Metlife Investors Variable Annuity Account One)

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