Common use of SMALL ANNUITIES Clause in Contracts

SMALL ANNUITIES. SAMPLE If the amount of Annuity payments would be or becomes less than $20 per month, or other amount as permitted by law, Nationwide may make a Cash Payment to the Participant, Beneficiary, or Contract Owner. The Cash Payment will be equal to the consideration specified in Section 5.2, less any tax or charges. DB

SMALL ANNUITIES. SAMPLE If the amount of Annuity payments would be or becomes less than $20 per month, or other amount as permitted by law, Nationwide may make a Cash Payment to the Participant, Beneficiary, or Contract Owner. The Cash Payment will be equal to the consideration specified in Section 5.2, less any tax or charges. DB.

SMALL ANNUITIES. SAMPLE If the amount of Annuity payments would be or becomes less than $20 per month, or other amount as permitted by law, Nationwide may make a Cash Payment to the Participant, Beneficiary, or Contract Owner. The Cash Payment will be equal to the consideration specified in Section 5.2, less any tax or charges. DB.

SMALL ANNUITIES. SAMPLE If the amount of Annuity payments would be or becomes less than $20 per month, or other amount as permitted by law, Nationwide may make a Cash Payment to the Participant, Beneficiary, or Contract Owner. The Cash Payment will be equal to the consideration specified in Section 5.2, less any tax or charges. DBtax.