Required Minimum Distribution. If your Contract is a Qualified Contract, we will waive the Withdrawal Charge for withdrawal of the amount required to be withdrawn under the Tax Code for this Contract only to the extent that amount is greater than the Free Withdrawal Amount. This waiver only applies to the Required Minimum Distribution for one of the two calendar years that occur during each Contract Year. This waiver does not apply to withdrawals made to satisfy any required minimum distribution from any other tax qualified investments you may own. Free Withdrawal Percentage: 10%
Appears in 3 contracts
Samples: Separate Account I of National Integrity Life Ins Co, Separate Account I of Integrity Life Insurance Co, Separate Account I of Integrity Life Insurance Co
Required Minimum Distribution. If your Contract is a Qualified Contract, we will waive the Withdrawal Charge for withdrawal of the amount required to be withdrawn under the Tax Code for this Contract only to the extent that amount is greater than the Free Withdrawal Amount. This waiver only applies to the Required Minimum Distribution for one of the two calendar years that occur during each Contract Year. This waiver does not apply to withdrawals made to satisfy any required minimum distribution from any other tax qualified investments you may own. Free Withdrawal Percentage: 1010 %
Appears in 1 contract
Samples: Separate Account I of National Integrity Life Ins Co
