Common Contracts
1 similar Group Annuity Contract Amendment contracts
GROUP ANNUITY CONTRACT G 75,977 (THE CONTRACT) ISSUED BYGroup Annuity Contract Amendment • June 15th, 2012
Loan Administration Fee: On the last day of each Contract Quarter, we deduct from a Participant’s Account a Loan Administration Fee of up to $12.50 for each Plan loan of the Participant that remains outstanding on such day. Alternatively, we may bill this charge to you if you and we mutually agree. If the entire balance of a Participant Account is applied or withdrawn before the last day of the Contract Quarter pursuant to the Contract, the Loan Administration Fee attributable to the period of time which has elapsed since the first day of the Contract Quarter in which such application or withdrawal of funds is made will not be deducted from the amount applied or withdrawn and will not be billed to you.
