SIMPLE IRA Restrictions. If you currently participate in a SIMPLE IRA plan, your employer cannot make contributions (made pursuant to the terms of your employer's SIMPLE IRA plan) to this Contract. Also, you cannot convert funds attributable to contributions made by your employer under its SIMPLE IRA plan prior to the expiration of the 2 year period beginning on the date you first participated in your employer's SIMPLE IRA plan.
Appears in 4 contracts
Samples: Acl Variable Annuity Account 2, Riversource of New York Variable Annuity Account 2, Riversource of New York Variable Annuity Account 2
