Common use of INCOME DISTRIBUTION OPTIONS Clause in Contracts

INCOME DISTRIBUTION OPTIONS. I wish to participate in the Distribution Reinvestment Program (DRP).* Must indicate this on the product Subscription Agreement or send in a applicable product sponsor form for the appropriate product. Distribute my income distributions to pay cash to the Undirected Cash account within my IRA.** (Not a taxable event.) Distribute my income distributions as a taxable distribution. (Must include a completed FTR Income Distribution Request Form.)** Pay my income distributions to another IRA custodian as a trustee-to-trustee transfer. (Must include a completed FTR Income Distributions Request Form and the accepting custodian’s acceptance verbiage or sign off. A Medallion Signature Guarantee is required if a letter of acceptance is not included. *To participate in the Distribution Reinvestment Plan (DRP), it must be indicated on the applicable product Subscription Agreement. If the Income Distribution option is left blank on the Subscription Document, the distributions will default to cash to the undirected cash account within your IRA. **If income distributions are set to cash and we do not receive a completed FTR Income Distribution Request Form, your income distributions will default to pay cash to the undirected cash account within your IRA.

INCOME DISTRIBUTION OPTIONS. I wish to participate in the Distribution Reinvestment Program (DRP).* Must indicate this on the product Subscription Agreement or send in a applicable product sponsor form for the appropriate product. Distribute my income distributions to pay cash to the Undirected Cash NOW account within my IRA.** (Not a taxable event.) Distribute my income distributions as a taxable distribution. (Must include a completed FTR Income Distribution Request Form.)** Pay my income distributions to another IRA custodian as a trustee-to-trustee transfer. (Must include a completed FTR Income Distributions Request Form and the accepting custodian’s acceptance verbiage or sign off. A Medallion Signature Guarantee is required if a letter of acceptance is not included. *To participate in the Distribution Reinvestment Plan (DRP), it must be indicated on the applicable product Subscription Agreement. If the Income Distribution option is left blank on the Subscription Document, the distributions will default to cash to the undirected cash NOW account within your IRA. **If income distributions are set to cash and we do not receive a completed FTR Income Distribution Request Form, your income distributions will default to pay cash to the undirected cash NOW account within your IRA.