Common use of Systematic Distribution Option Clause in Contracts

Systematic Distribution Option. Once you elect a systematic distribution option, you may revoke it at any time by submitting a written request to Customer Service. Any revocation will apply only to the amount not yet paid. Once revoked, an option may not be elected again until the next calendar year, nor may any other systematic distribution option be elected, unless the Tax Code permits it.

Systematic Distribution Option. Once you elect a systematic distribution optionoption is elected, you the Contract Holder may revoke it at any time by submitting a written request to Customer Service. Any revocation will apply only to the amount not yet paid. Once revoked, an option is revoked for an account, it may not be elected again until the next calendar year, nor may any other systematic distribution option be elected, unless the Tax Code permits it.

Systematic Distribution Option. Once you elect a systematic distribution option, you may revoke it at any time by submitting a written request to Customer Service. Any revocation will apply only to the amount not yet paid. Once revoked, an option may not be elected again until the next calendar year, nor may any other systematic distribution option be elected, unless the Tax Code permits it.