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)
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)