Systematic Distribution Option. An option elected by the Certificate Holder during the Accumulation Period which establishes a schedule of withdrawals to be made automatically from the Certificate Holder's Account.
Appears in 4 contracts
Samples: Group Flexible Premium Deferred Combination Variable and Fixed Annuity Master Contract (VOYA INSURANCE & ANNUITY Co), Variable Annuity Group Master Contract (Golden American Life Insurance Co /Ny/), Variable Annuity Group Master Contract (Separate Account B of Golden American Life Insurance Co)