Number of Transfers. No more than transfer(s) may be made during a Plan Year.[ ] [ ]
Number of Transfers. [Subject to the conditions imposed on such transfers by the Company, Contract Owners may make unlimited transfers during the Accumulation Period and 6 transfers per calendar year during the Annuity Period. The Company reserves the right to further limit the number of transfers in the future. We reserve the right to restrict transfers initiated by a market-timing organization, or individual, or other party authorized to give transfer instructions on behalf of the Contract Owner(s).] Free Transfers: [12 per calendar year during the Accumulation Period; 6 per calendar year during the Annuity Period. All transfers made during a Valuation Period are deemed to be one transfer.] Transfer Fee: [The Transfer fee will not exceed $20 for each transfer beyond the 12 free unscheduled transfers allowed per calendar year. In addition, all transfers made as a result of a dollar cost averaging program, rebalancing program, interest sweep program, automatic voice response system, or the internet will be considered as free scheduled transfers that do not count toward the 12 free unscheduled transfers. ] Minimum and Maximum Amount to be Transferred: [The minimum amount of a transfer is $1,000 per transfer request (from one or multiple Sub-Accounts and the Fixed Account(s) during the Accumulation Period) or the Contract Owner’s entire interest in the Sub-Account or Fixed Account(s), if less. This requirement is waived if the transfer is made in connection with the rebalancing, interest sweep or dollar cost averaging programs. The minimum amount of any allocation to the LT Fixed Account is $1,000. Transfers out of the Fixed Account(s) excluding the DCA Fixed Account(s) during the first Contract Year are limited in amount to thirty percent (30%) of the Contract Value allocated to the Fixed Account(s) determined as of the time of the first transfer. Transfers out of the Fixed Account(s), excluding the LT Fixed Account and DCA Fixed Account(s), during any subsequent Contract Year are limited in amount to thirty percent (30%) of the Contract Value allocated to the Fixed Account(s) determined as of the end of the previous Contract Year. Transfers out of the Fixed Account(s) are done on a first-in-first-out basis and are subject to any restrictions attributable to the Fixed Account(s). The entire Contract Value allocated to the Fixed Account(s) may be transferred in the fourth Contract Year following 30% transfers in each of the immediately preceding three Contract Years, provided th...
Number of Transfers. There are no limits to the number of transfers you may make to or from a Goal account. Goal Account transfers can be cancelled at any time and/or reconfigured for different objectives.
Number of Transfers. You may make [an unlimited number of] transfers during the Accumulation Phase[ subject to the limitations set forth in the DIR Fixed Account Transfers section]. We reserve the right to limit transfers when the transfer privilege is being exercised to the detriment of other Owners. We further reserve the right, upon thirty (30) calendar days advance notice to you, to limit the number of transfers in the future.
Number of Transfers. No more than transfer(s) may be made during a Plan Year. [ ] [ ] (h) [ ] Describe transfer provisions. Transfers may be made subject to the following provisions: (must be definitely determinable and not subject to Employer or Administrator discretion; specify different provisions for IRR and IRT if desired).
(i) [ ] All Sources. (select one or both of columns (1) – (2)) [ ] [ ]
Number of Transfers. The Contract Owner may make unlimited transfers during the Accumulation Period and 6 transfers per calendar year during the Annuity Period, subject to the conditions imposed on such transfers by the Company. The Company reserves the right to limit transfers when the transfer privilege is being exercised to the detriment of other Contract Owners. The Company further reserves the right, upon 30 days advance notice to the Contract Owner, to limit the number of transfers in the future. Unscheduled transfers may not be made if the Contract Owner is participating in either the GMAB or GMIB, provided, however, that the Company reserves the right, upon 30 days advance notice to the Contract Owner, to modify permissible transfers to the Fixed Account(s) and/or Sub-Accounts. Free Transfers: 12 per calendar year during the Accumulation Period; 6 per calendar year during the Annuity Period. All transfers made during a Valuation Period are deemed to be one transfer.
Number of Transfers. The Contract Owner may make unlimited transfers during the Accumulation Period and 6 transfers per calendar year during the Annuity Period, subject to the conditions imposed on such transfers by the Company. The Company reserves the right to limit transfers when the transfer privilege is being exercised to the detriment of other Contract Owners. The Company further reserves the right, upon 30 days advance notice to the Contract Owner, to limit the number of transfers in the future. Unscheduled transfers may not be made if the Contract Owner is participating in either the Guaranteed Minimum Accumulation Benefit (GMAB) or Guaranteed Minimum Income Benefit (GMIB); provided, however, that the Company reserves the right, upon 30 days advance notice to the Contract Owner, to modify permissible transfers to the Fixed Account and/or Sub-Accounts Free Transfers: 12 per calendar year during the Accumulation Period; 6 per calendar year during the Annuity Period. All transfers made during a Valuation Period are deemed to be one transfer. Transfer Fee: The Transfer fee will not exceed $20 for each transfer in excess of the Free Transfers. In addition, this requirement is waived if transfers are made in connection with any scheduled transfer program offered by the Company or through an automatic voice response system or the internet. Minimum Amount Which Must Remain In a Sub-Account or the Fixed Account(s) After a Transfer: $1,000; or if the entire amount in the Sub-Account or Fixed Account(s) is less than $1,000, the entire amount must be transferred.
Number of Transfers o Enter the total number of transfers to make. Once all the transfers have been made the ACH will be cancelled automatically.
