Transfers Between Investment Options. You may direct us to transfer amounts between Investment Options. Transfers are effective on the Business Day we receive the transfer direction. Your transfer directions may be made daily on any Business Day. We will make the transfer as requested within 7 days from the date we receive the request, except as we may be permitted to defer the transfer of amounts withdrawn from the Variable Account in accordance with appropriate provisions of the federal securities laws. We reserve the right to defer a transfer of amounts from the FIA for a period of up to 6 months after we receive the transfer request. However, despite the previous paragraph, once a transfer from the FIA has been made for you, a transfer to the FIA for you is permitted only after 90 days have elapsed since the date of the last transfer from the FIA for you. If the Contractholder makes available to Participants the FIA and the Competing Investment Account identified in the Table of Investment Accounts in the Contract, the 90-day transfer restriction discussed in the previous sentence does not apply, and Section 5.4 does apply. P-GB-C-IRAMFVA(NBR).11
Transfers Between Investment Options. You may transfer funds in your Account between Investment Options only twice per calendar year. You may change the Investment Option(s) to which future contributions will be allocated at any time. Any transfer request received after the end of a Business Day or on a non-Business Day will be processed as of the next Business Day. When processing a transfer request, the Units exchanged in your Account will be redeemed and purchased, as applicable, at the Unit Values next calculated after the transfer request is received by CalABLE. The Investment Options. CalABLE offers four Investment Options: three Target Risk Investment Options and one FDIC-insured Investment Option. Target Risk Investment Options Conservative Portfolio Moderate Portfolio Aggressive Growth Portfolio FDIC-Insured Investment Option FDIC-Insured Portfolio The Target Risk Investment Options. Each Target Risk Investment Option has its own investment objective and strategy based on a targeted risk level. Each Target Risk Investment Option invests in multiple underlying mutual funds, and the Moderate Portfolio and the Conservative Portfolio also invest in a funding agreement (the “Funding Agreement”) issued by TIAA-CREF Life Insurance Company, an affiliate of the Program Manager. Investment Objectives. The table below states the investment objective of each Target Risk Investment Option. Target Risk Investment Option Investment Objective Conservative Portfolio This Investment Option has a conservative risk profile and seeks to provide moderate long-term total return. Moderate Portfolio This Investment Option has a moderate risk profile and seeks moderate growth and long-term total return. Aggressive Growth Portfolio This Investment Option has an aggressive risk profile and seeks aggressive growth and long-term total return.
Transfers Between Investment Options. The Participant may direct us to transfer amounts between Investment Options. Transfers are effective on [the Business Day we receive the transfer direction]. Transfer directions for a Participant Account may be made [daily on any Business Day]. We will make the transfer as requested within [7 days] from the date we receive the request, except as we may be permitted to defer the transfer of amounts withdrawn from the Variable Account in accordance with appropriate provisions of the federal securities laws. We reserve the right to defer a transfer of amounts from the FIA for a period of up to [6 months] after we receive the transfer request. (Use the following paragraph if we allow the 90-day equity wash option for this contract)
Transfers Between Investment Options. The Contractholder may direct us to transfer amounts between Investment Options, or to initiate a Participant-directed transfer between Investment Options. A transfer is deemed "Participant-directed" only if it reflects your investment choice, free of any suggestion or influence by the Contractholder, the Plan Sponsor, or any fiduciary or other party to the administration or management of the Plan [(with the exception of any investment advice rendered by a third-party provider for whom an Investment Advice Provider Fee is earned under the Table of Contract Charges)]. A transfer that is not "Participant-directed" is Contractholder-directed and is subject to a Market Value Adjustment under Section 5.4(b). Transfers are effective on [the Business Day we receive the transfer direction]. Transfer directions for your Participant Account may be made [daily on any Business Day]. We will make the transfer as requested within [7 days] from the date we receive the request, except as we may be permitted to defer the transfer of amounts withdrawn from the Variable Account in accordance with appropriate provisions of the federal securities laws. We reserve the right to defer a transfer of amounts from the FIA for a period of up to [6 months] after we receive the transfer request. 5.4 Transfers to and from the FIA:
Transfers Between Investment Options. You may direct us to transfer amounts between Investment Options. Transfers are effective on the Business Day we receive the transfer direction. Transfer directions may be made daily on any Business Day. We will make the transfer as requested within [7 days] from the date we receive the request, except as we may be permitted to defer the transfer of amounts withdrawn from the Variable Account in accordance with appropriate provisions of the federal securities laws. As an exception to the above provisions of this Section, we reserve the right to defer a transfer of amounts from the FIA for a period of up to [6 months] after we receive the transfer request.
Transfers Between Investment Options. Subject to Our rules as they may exist from time to time and to any limits that may be imposed by the Funds, You may at any time transfer to another Sub-Account, or to the Fixed Account, all or a portion of the Account Value allocated to a Sub-Account. We will make transfers pursuant to an authorized request received at Our Principal Office. All tTransfers privileges are subject to Our consent. We reserve the right to impose limitations on transfers, including, but not limited to: (1) the minimum amount that may be transferred; (2) the frequency of transfers; and (32) the minimum amount that may remain in a Sub-Account following a transfer from that Sub-Account. In any Policy Year, transfers from the Fixed Account to another Sub-Account in the Variable Account are limited to the greater of (a) or (b) where:
Transfers Between Investment Options. The Participant may direct us to transfer amounts between Investment Options. Transfers are effective on the Business Day we receive the transfer direction. Transfer directions for a Participant Account may be made daily on any Business Day. We will make the transfer as requested within 7 days from the date we receive the request, P-GB-K-IRAMFVA(NBR).11 except as we may be permitted to defer the transfer of amounts withdrawn from the Variable Account in accordance with appropriate provisions of the federal securities laws. We reserve the right to defer a transfer of amounts from the FIA for a period of up to 6 months after we receive the transfer request. However, despite the previous paragraph, once a transfer from the FIA has been made for a Participant, a transfer to the FIA for that Participant is permitted only after 90 days have elapsed since the date of the last transfer from the FIA for that Participant. If you make available to Participants the FIA and the Competing Investment Account marked with an asterisk in the Table of Investment Accounts, the 90-day transfer restriction discussed in the previous sentence does not apply, and Section 5.4 does apply.
Transfers Between Investment Options. You may direct us to transfer amounts between Investment Options. Transfers are effective on the Business Day we receive your transfer direction. Transfer directions for you may be made daily on any Business Day. We will make the transfer as requested within 7 days from the date we receive the request, except as we may be permitted to defer the transfer of amounts withdrawn from the Variable Account in accordance with appropriate provisions of the federal securities laws. We reserve the right to defer a transfer of amounts from the FIA for a period of up to 6 months after we receive your transfer request. Where you have outstanding loans under the Contract, a transfer from the FIA is permitted only to the extent that your remaining FIA Withdrawal Value equals twice the total of your outstanding loans under the Contract.
Transfers Between Investment Options. [The Plan Sponsor] may direct us to transfer amounts between Investment Options, or to initiate Participant-directed transfers between Investment Options. A transfer is deemed "Participant-directed" only if it reflects the Participant's investment choice, free of any suggestion or influence by [you,] the Plan Sponsor, or any fiduciary or other party to the administration or management of the Plan [(with the exception of any investment advice rendered by a third-party provider for whom an Investment Advice Provider Fee is earned under the Table of Contract Charges)]. A transfer that is not "Participant-directed" is subject to Section 5.4(b). Transfers are effective on [the Business Day we receive the transfer direction]. Transfer directions for a Participant Account may be made [daily on any Business Day]. We will make the transfer as GBErTDA.OM-ChuK [(SBR)] 13 requested within [7 days] from the date we receive the request, except as we may be permitted to defer the transfer of amounts withdrawn from the Variable Account in accordance with appropriate provisions of the federal securities laws. We reserve the right to defer a transfer of amounts from the FIA for a period of up to [6 months] after we receive the transfer request.
Transfers Between Investment Options. Subject to any limits that may be imposed by the Funds, You may transfer from one Sub-Account to another Sub-Account, or to the Fixed Account, all or a portion of the Account Value allocated to a Sub-Account. We will make transfers pursuant to an authorized request received at Our Principal Office. Transfer privileges are subject to Our consent. We reserve the right to impose the following limitations on transfers, including, but not limited to: (1) the minimum amount that may be transferred; (2) the frequency of transfers; and (3) the minimum amount that may remain in a Sub-Account following a transfer from that Sub-Account. In any Policy Year, transfers from the Fixed Account to another Sub-Account in the Variable Account are limited to the greater of (a) or (b) where:
