Transfer of Current. Value from the Fixed Account: 10% of the Current Value held in the Fixed Account may be transferred to any Fund(s). Such transfer will be:
(a) without charge;
(b) allowed once per calendar year;
(c) not allowed under an annuity option. Aetna may, on a temporary basis, allow any larger percent to be transferred. The Current Value of the Fixed Account, as used above, is the value when the request is received at the Home Office of Aetna.
Transfer of Current. Value from the Funds - Delete the last paragraph and replace it with the following:
Transfer of Current. VALUE Before an Annuity option is elected, all or any portion of the FROM THE FUNDS OR Adjusted Current Value of the Contract may be transferred from AG ACCOUNT: any Fund or Guaranteed Term of the AG Account:
(a) To any other Fund; or (b) To any Guaranteed Term of the AG Account available in the current Deposit Period.
Transfer of Current. Value Before an Annuity option is elected, all from the Funds or AG or any portion of the Adjusted Current Account: Value may be transferred from any Fund or Guaranteed Term of the AG Account:
(a) To any other Fund; or (b) To any Guaranteed Term of the AG Account available in the current Deposit Period. Transfer requests can be submitted as a percentage or as a dollar amount. Aetna may establish a minimum transfer amount. Within a Guaranteed Term Group, the amount to be surrendered or transferred will be withdrawn first from the oldest Deposit Period, then from the next oldest, and so on until the amount requested is satisfied. The Contract Holder may make an unlimited number of Transfers during the Accumulation Period. The number of free Transfers allowed by Aetna is shown on Contract Schedule I. Additional Transfers may be subject to a Transfer fee as shown on Contract Schedule I. Amounts transferred from AG Account Guaranteed Term under the Dollar Cost Averaging program, or amounts transferred as a Matured Term Value on or within one calendar month after a Term's Maturity Date do not count against the annual Transfer limit. Amounts applied to Guaranteed Terms of the AG Account may not be transferred to the Funds or to another Guaranteed Term during the Deposit Period or for 90 days after the close of the Deposit Period except for (1) Matured Term Value(s) during the calendar month following the Term's Maturity Date; (2) amounts used as a premium for an Annuity option; (3) amounts transferred from the one-year AG Account Guaranteed term under the Dollar Cost Averaging Program; and (4) amounts distributed under the Systematic Withdrawal Option.
Transfer of Current. Value from the Funds: Before an annuity option is elected, all or any portion of the Current Value may be transferred from any Fund to any other Fund or to the Fixed Account Four transfers of Current Value can be made during a calendar year period. If additional transfers are allowed, each may be subject to a fee of up to $10.
Transfer of Current. Value from the Funds or GAA:
(a) To any other allowable Fund;
(b) To the Fixed Account; or
(c) To Terms of GAA available in the current Deposit Period. Amounts in a specific GAA Term cannot be transferred to the Deposit Period of another Term within the same Classification except at the Term's maturity (see 3.03(f)). Amounts applied to Classifications of GAA may not be transferred during the Deposit Period or for 90 days after the close of the Deposit Period (see 3.03(e)). Transfers from Terms of GAA are subject to the Withdrawal and MVA provisions (see 3.18). Twelve transfers (excluding transfers from the GAA at the end of a Guaranteed Term) can be made during a calendar year period. However, only the Contract Holder may tell us to make such transfers. The Company, in its sole discretion, may refuse to make such transfers at the direction of any other person, even if such other person has been authorized by the Contract Holder to make such transfers. More than 12 such transfers in any calendar year, if permitted by us, may be subject to an additional fee of up to $10 for each subsequent occurrence. IRA-CDA-03(NY) 10
Transfer of Current. Value from the Funds: Before an Annuity Option is elected, all or any portion of the Current Value may be transferred from any Fund to any other Fund or to the Fixed Account. Twelve transfers of Current Value can be made during a calendar year period. Should Aetna allow additional changes, each may be subject to a fee of up to $10.
Transfer of Current. Value from the Funds or GA Account: Before an Annuity Option is elected, all or any portion of the Current Value may be transferred from any Fund to any other Fund, to the Fixed Account, or to the GA Account's current Deposit Period. Any portion of the Current Value in the GA Account may be transferred to any Fund or to the Fixed Account. Transfers from the GA Account are subject to the Withdrawal and Market Value Adjustment provisions. (See 3
Transfer of Current. Value from the Funds - Delete the last paragraph and replace it with the following: Twelve transfers of Current Value (excluding transfers from the GA Account at the end of a Guaranteed Term) can be made during a calendar year period. Should Aetna allow additional transfers, each may be subject to a fee of up to $10. Endorsed and made a part of this Contract effective May 1, 1989. /s/ Xxxx X. Xxxxxx President Aetna Life Insurance and Annuity Company EIMCVT-HI(XC) Aetna Life Insurance and Annuity Company ENDORSEMENT This Contract is hereby endorsed to add the following new provisions to the end of Section 6.02 entitled Surrender Fee as follows: No Surrender Fee is deducted from any portion of the Current Value which is paid:
(d) When the Current Value is $2,500 or less and no surrenders have been taken from the Contract within the prior 12 months. If there is more than one Contract, then this provision will only apply when the total in all of the Contracts is $2,500 or less; or
(e) In an amount equal to or less than 10% if the Current Value, as part of the first partial surrender request in a calendar year to a Contract Holder who is at least age 59 1/2 and less than 70 1/2. The Current Value is calculated as of the date the partial surrender request is received in good order at Aetna's Home Office. This provision does not apply to full surrender requests. Endorsed and made a part of this Contract. /s/ Xxxxxx X. Xxxxx President Aetna Life Insurance and Annuity Company EIMIS-IA(XC) Aetna Life Insurance and Annuity Company ENDORSEMENT This Contract is hereby endorsed as follows:
Transfer of Current. Value Transfer requests can be submitted as a from the Funds or percentage or as a dollar amount. The AG Account (Cont'd): minimum transfer amount is shown on Contract Schedule I. Within a Guaranteed Term Group, the amount to be surrendered or transferred will be withdrawn first from the oldest Deposit Period, then from the next oldest, and so on until the amount requested is satisfied. The Certificate Holder may make an unlimited number of Transfers during the Accumulation Period. The number of free Transfers allowed by Aetna is shown on Contract Schedule I. Additional Transfers may be subject to a Transfer fee as shown on Contract Schedule I. Amounts transferred as a Matured Term Value on or within one calendar month of the Term's Maturity Date do not count against the annual Transfer limit. Amounts applied to Guaranteed Terms of the AG Account may not be transferred to the Funds or to another Guaranteed Term during the Deposit Period or for 90 days after the close of the Deposit Period except for a Matured Term Value(s) during the calendar month following the Term's Maturity Date. Transfers from Guaranteed Terms of the AG Account are subject to the MVA provisions in 3.06.
3.08 Notice to the The Certificate Holder will receive quarterly Contract Holder: statements from Aetna of:
(a) The value of any amounts held in: (1) The AG Account; and (2) The Fund(s) under the Separate Account.
(b) The number of any Fund(s) record units; and (c) The Fund(s) record unit value. Such number or values will be as of a specific date no more than 60 days before the date of the notice.
