Common use of Systematic Distribution Options (SDOs Clause in Contracts

Systematic Distribution Options (SDOs. During the Accumulation Phase, we may offer one or more distribution options under which we make regularly scheduled automatic partial distributions of the Individual Account value. To request an SDO, the Contract Holder, a Participant or Contract beneficiary, as applicable, must complete an SDO election form and forward it to our Home Office. Each option is available without discrimination to any class of Contracts. The availability of any specific option may be subject to terms and conditions applicable to that option. We may discontinue the availability of an SDO option for future election. Payments will, however, continue to Participants who elected the option before the date it is no longer available.

Appears in 2 contracts

Samples: Group, Combination, Deferred Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Group, Combination, Deferred Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

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Systematic Distribution Options (SDOs. During the Accumulation Phase, we may offer one or more distribution options under which we make regularly scheduled automatic partial distributions of the Individual Account value. To request an SDO, the Contract Holder, a Participant or Contract beneficiary, as applicable, must complete an SDO election form and forward it to our Home Office. G-CDA-10 13 Each option is available without discrimination to any class of Contractscontracts. The availability of any specific option may be subject to terms and conditions applicable to that option. We may discontinue the availability of an SDO option for future election. Payments will, however, continue to Participants who elected the option before the date it is no longer available.

Appears in 2 contracts

Samples: Group Combination Deferred Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Group Combination Deferred Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

Systematic Distribution Options (SDOs. During the Accumulation Phase, we may offer one or more distribution options under which we make regularly scheduled automatic partial distributions of the Individual Account value. To request an a SDO, the Contract Holder, a Participant or Contract beneficiary, as applicable, must complete an a SDO election form and forward it to our Home Office. Each option is available without discrimination to any class of Contractscontracts. The availability of any specific option may be subject to terms and conditions applicable to that option. We may discontinue the availability of an a SDO option for future election. Payments will, however, continue to Participants who elected the option before the date it is no longer available.

Appears in 1 contract

Samples: Retirement Plan Services Agreement

Systematic Distribution Options (SDOs. During the Accumulation Phase, we may offer one or more distribution options under which we make regularly scheduled automatic partial distributions of the Individual Account value. To request an a SDO, the Contract Holder, a Participant or Contract beneficiary, as applicable, must complete an a SDO election form and forward it to our Home Office. Each option is available without discrimination to any class of Contracts. The availability of any specific option may be subject to terms and conditions applicable to that option. We may discontinue the availability of an a SDO option for future election. Payments will, however, continue to Participants who elected the option before the date it is no longer available.

Appears in 1 contract

Samples: Group Combination Deferred Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

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Systematic Distribution Options (SDOs. During the Accumulation Phase, we may offer one or more distribution options under which we make regularly scheduled automatic partial distributions of the Individual Account value. To request an SDO, the Contract Holder, a Participant or Contract beneficiary, as applicable, must complete an SDO election form and forward it to our Home Office. Each option is available without discrimination to any class of Contractscontracts. The availability of any specific option may be subject to terms and conditions applicable to that option. We may discontinue the availability of an SDO option for future election. Payments will, however, continue to Participants who elected the option before the date it is no longer available.

Appears in 1 contract

Samples: Group Combination Deferred Annuity Contract (VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co)

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