Common use of Notice to the Contract Holder Clause in Contracts

Notice to the Contract Holder. Before an Annuity Option is elected, we will notify the Contract Holder each year of: (a) The value of any amounts held in: (1) The Fixed Account; (2) The GAA; and (3) The Fund(s) for the Separate Account. (b) The number of any Fund(s) Record Units; and (c) The Fund(s) Record Unit Value. Such number or values will be as of a date no more than 60 calendar days before the date of the notice. The Company, as issuer of this Simplified Employee Pension or Individual Retirement Annuity Contract, will make any reports required by federal law.

Appears in 2 contracts

Samples: Individual Retirement Annuity (Ira) or Simplified Employee Pension (Sep) Plan (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Individual Retirement Annuity (Ira) or Simplified Employee Pension (Sep) Plan (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

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Notice to the Contract Holder. Before an Annuity Option is elected, we will notify the Contract Holder each year of: (a) The value of any amounts held in: (1) The Fixed Account; ; (2) The GAA; and and (3) The Fund(s) for the Separate Account. (b) The number of any Fund(s) Record Units; and (c) The Fund(s) Record Unit Value. Such number or values will be as of a date no more than 60 calendar days before the date of the notice. The Company, as issuer of this Simplified Employee Pension or Individual Retirement Annuity Contract, will make any reports required by federal law.

Appears in 2 contracts

Samples: Variable Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Variable Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

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