Fixed Account Options. 1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed MINIMUM PARTIAL WITHDRAWAL AMOUNT: $1,000 MAXIMUM PENALTY-FREE WITHDRAWAL PERCENTAGE: 10% MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $100 MINIMUM AMOUNT REMAINING AFTER A PARTIAL WITHDRAWAL: $2,500 WITHDRAWAL CHARGE SCHEDULE: Number of Full Years Elapsed Withdrawal Charge as a Between Purchase Payment Contribution Percentage of Withdrawn And Date of Withdrawal Purchase Payment -------------------------------------- ------------------------ 0 8% 1 7% 2 6% 3 5% 4+ 0% See Page 11 for Withdrawal Provisions. FS-993 (12/10) CONTRACT DATA PAGE (CONT'D.)
Fixed Account Options. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 See Page 11 for Withdrawal Provisions. FS-993-PPIII (12/10) 3 Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): 1.30% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS VARIABLE SEPARATE ACCOUNT ¬8 FS-993-PPIII (12/10) 4
Fixed Account Options. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 See Page 11 for Withdrawal Provisions. FS-993-PPS7 (12/10) 3 Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): 1.15% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS VARIABLE SEPARATE ACCOUNT ¬8 FS-993-PPS7 (12/10) 4 Defined in this section are some of the words and phrases used in this Contract. These terms are capitalized when used in the Contract with the meaning set forth below. A unit of measure used to compute the Contract Value in a Variable Portfolio before the Annuity Date. Age as of last birthday. In the case of Joint Owners/Annuitants, the age of the older person will be used to determine any age-driven benefit.
Examples of Fixed Account Options in a sentence
The Recapture Charge will be taken from the Investment Divisions and the Fixed Account Options in the same proportion as the Withdrawal Charge.
The Contract Enhancement Charge is deducted daily from the Investment Divisions as part of the Accumulation Unit Value calculation and lowers the Current Interest Rate credited on Your Fixed Account Options.
The Withdrawal Charge will be assessed against the Variable Portfolio(s) and the available Fixed Account Option(s) in the same proportion as the remaining Contract Value is allocated unless You request that the Withdrawal come from a particular Variable Portfolio or available Fixed Account Option.
We reserve the right to postpone payments or transfers from the Fixed Account Options for up to six months.
If your Contract is voided, you will receive any purchase payments allocated to the Variable Account, adjusted to reflect investment gain or loss from the date of allocation to the date the Contract is voided, plus any purchase payments allocated to the Fixed Account Options, less any withdrawals, excluding accrued interest.
More Definitions of Fixed Account Options
Fixed Account Options. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 0 8 % 1 7 % 2 6 % 3 5 % 4 4 % 5+ 0 % See Page 11 for Withdrawal Provisions. FS-998 (6/11) 3 Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): Contract Years 1-5: 1.55% Contract Years 6 & Thereafter: 1.30% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS VARIABLE SEPARATE ACCOUNT ¬8 FS-998 (6/11) 4
Fixed Account Options. 1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed MINIMUM PARTIAL WITHDRAWAL AMOUNT: $1,000 MAXIMUM PENALTY-FREE WITHDRAWAL PERCENTAGE: 10% MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $100 MINIMUM AMOUNT REMAINING AFTER A PARTIAL WITHDRAWAL: $2,500 WITHDRAWAL CHARGE SCHEDULE: -------------------------------------------------------------------------------- Number of Contribution Years Elapsed From the Withdrawal Charge as a Date any Purchase Payment is allocated to the Percentage of Withdrawn Contract and to the Date of Withdrawal Purchase Payment -------------------------------------------------------------------------------- 0 9% -------------------------------------------------------------------------------- 1 9% -------------------------------------------------------------------------------- 2 8% -------------------------------------------------------------------------------- 3 8% -------------------------------------------------------------------------------- 4 7% -------------------------------------------------------------------------------- 5 6% -------------------------------------------------------------------------------- 6 5% -------------------------------------------------------------------------------- 7 4% -------------------------------------------------------------------------------- 8 3% -------------------------------------------------------------------------------- 9+ 0% -------------------------------------------------------------------------------- See Page 11 for Withdrawal Provisions. CONTRACT DATA PAGE (CONT'D.) MINIMUM TRANSFER AMOUNT: $100 SEPARATE ACCOUNT CHARGE (including guaranteed death benefit risk charge of 0.10%): Contract Years 1-9: 1.90% Contract Years 9 & Thereafter: 1.30% ANNUAL CONTRACT MAINTENANCE FEE: $50 TRANSFER FEE: $25 EARLIEST ANNUITY DATE AFTER THE CONTRACT DATE: 13 months LATEST ANNUITY DATE: 1st day of the month following Age 90 or 10 years after the Contract Date SEPARATE ACCOUNT: FS VARIABLE SEPARATE ACCOUNT OPTIONAL ELECTIONS: OPTIONAL ELECTION DETAILS: Optional Guaranteed Living Benefit Endorsement See Attached Endorsement FSE-6248 Maximum Anniversary Value Optional Death Benefit Endorsement See Attached Endorsement FSE-6235
Fixed Account Options. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 FS-993-PPS9 (12/10) 3 See Page 11 for Withdrawal Provisions. Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): Contract Years 1-9: 1.55% Contract Years 10 & thereafter: 1.15% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS VARIABLE SEPARATE ACCOUNT ¬8 FS-993-PPS9 (12/10) 4
Fixed Account Options. Fixed Account I: Minimum Guarantee Interest Rate: [3%] Current Interest Rate as of Issue Date [ X%, guaranteed for any Purchase Payments allocated or transferred to Fixed Account I during the calendar month in which this Contract is issued. This rate is guaranteed for 12 months.]
Fixed Account Options. 1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed MINIMUM PARTIAL WITHDRAWAL AMOUNT: $1,000 MAXIMUM PENALTY-FREE WITHDRAWAL PERCENTAGE: 10% MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $100 MINIMUM AMOUNT REMAINING AFTER A PARTIAL WITHDRAWAL: $2,500 CONTRACT DATA PAGE (CONT'D.) FS-993-PPS9 (12/10) WITHDRAWAL CHARGE SCHEDULE: Number of Full Years Elapsed Withdrawal Charge as a Between Purchase Payment Contribution Percentage of Withdrawn And Date of Withdrawal Purchase Payment ------------------------------------- ----------------------- 0 9% 1 8% 2 8% 3 7% 4 7% 5 6% 6 5% 7 4% 8 3% 9+ 0% See Page 11 for Withdrawal Provisions.
Fixed Account Options. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 Less than $50,000 5.00% 6%,5%,5%,4%,3%,2%,1%,0% $50,000-$99,999 4.50% 5.5%,5%,5%,4%,3%,2%,1%,0% $100,000-$249,999 3.50% 4.5%,4%,4%,3%,3%,2%,1%,0% $250,000-$499,999 2.50% 3.5%,3%,3%,2.25%,2%,2%,1%,0% $500,000-$999,999 2.00% 3%,2%,2%,1.5%,1%,1%,1%,0% $1,000,000 and over 1.25% 2.25%,1.5%,1.5%,1%,1%,0.75%,0.50%,0% * A Premium Based Charge applies to each Premium except for Premiums received prior to the first Contract Quarter Anniversary where the sum of Premiums received is treated as a single Premium. The total Premium Based Charge referenced above is deducted quarterly from the Contract Value over a period of 7 years, for a total of 28 quarters, beginning on the first Contract Quarter Anniversary after the Premium is received. See Page 10 under Charges and Deductions for more information regarding the Premium Based Charge. ** The Withdrawal Charge Schedule is based on the number of full years elapsed between Premium contribution and the date of withdrawal as follows: 0, 1, 2, 3, 4, 5, 6, 7+. FS-995 (12/10) 3 Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): 0.95% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS Variable Separate Account ¬8 FS-995 (12/10) 4
Fixed Account Options. 1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed MINIMUM PARTIAL WITHDRAWAL AMOUNT: $1,000 MAXIMUM PENALTY-FREE WITHDRAWAL PERCENTAGE: 10% MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $100 MINIMUM AMOUNT REMAINING AFTER A PARTIAL WITHDRAWAL: $2,500 PREMIUM BASED CHARGE AND WITHDRAWAL CHARGE SCHEDULE ACCUMULATED PREMIUM PREMIUM BASED WITHDRAWAL CHARGE AS A PERCENTAGE OF EACH BREAKPOINT CHARGE* PREMIUM WITHDRAWN OVER 7 YEARS** -------------------- ------------- ----------------------------------------- Less than $50,000 5.00% 6%,5%,5%,4%,3%,2%,1%,0% $50,000-$99,999 4.50% 5.5%,5%,5%,4%,3%,2%,1%,0% $100,000-$249,999 3.50% 4.5%,4%,4%,3%,3%,2%,1%,0% $250,000-$499,999 2.50% 3.5%,3%,3%,2.25%,2%,2%,1%,0% $500,000-$999,999 2.00% 3%,2%,2%,1.5%,1%,1%,1%,0% $1,000,000 and over 1.25% 2.25%,1.5%,1.5%,1%,1%,0.75%,0.50%,0% * A Premium Based Charge applies to each Premium except for Premiums received prior to the first Contract Quarter Anniversary where the sum of Premiums received is treated as a single Premium. The total Premium Based Charge referenced above is deducted quarterly from the Contract Value over a period of 7 years, for a total of 28 quarters, beginning on the first Contract Quarter Anniversary after the Premium is received. See Page 10 under Charges and Deductions for more information regarding the Premium Based Charge. ** The Withdrawal Charge Schedule is based on the number of full years elapsed between Premium contribution and the date of withdrawal as follows: 0, 1, 2, 3, 4, 5, 6, 7+. SEE PAGE 11 FOR WITHDRAWAL PROVISIONS. FS-995 (12/10) CONTRACT DATA PAGE (CONT'D.)