Common use of Withdrawals or Transfers Clause in Contracts

Withdrawals or Transfers. All requests for withdrawal or transfer will be in writing on a form provided by or acceptable to us. The method of distribution must be specified in writing or in any other method acceptable to us. The tax identifica- tion number of the recipient must be provided to us before we are obligated to make a distribution. Withdrawals will be subject to all applicable tax and other laws and regulations, including but not limited to possible early distribution penalty taxes, surrender charges, and withholding requirements. You are not required to take a distribution from your Xxxx XXX at age 70½. At your death, however, your beneficiaries must begin taking distributions in accordance with Article V and Sec- tion 9.07 of this article. We will make no distributions to you from your Xxxx XXX until you provide us with a written request for a distribution on a form provided by or acceptable to us.

Withdrawals or Transfers. All requests for withdrawal or transfer will be in writing on a form provided by or acceptable to us. The method of distribution must be specified in writing or in any other method acceptable to us. The tax identifica- tion identification number of the recipient must be provided to us before we are obligated to make a distribution. Withdrawals will be subject to all applicable tax and other laws and regulations, including but not limited to possible early distribution penalty taxes, surrender charges, and withholding requirements. You are not required to take a distribution from your Xxxx XXX at age 70½. At your death, however, your beneficiaries must begin taking distributions in accordance with Article V and Sec- tion 9.07 of this article. We will make no distributions to you from your Xxxx XXX until you provide us with a written request for a distribution on a form provided by or acceptable to us.