Variable Investment Options. The investment divisions of The Guardian Separate Account R that are available under the Basic Contract.
Variable Investment Options. The Subaccounts of Variable Annuity Account C. Each one invests in a specific mutual Fund.
Variable Investment Options. The investment divisions of The Guardian Separate Account R.
Examples of Variable Investment Options in a sentence
A participant may enter into an agreement with an independent investment adviser that will provide agreed-upon advisory services and may arrange to have the advisory fees deducted from the Variable Investment Options, in which case such deductions will reduce the death benefit payable under the participant’s Contract, they may be treated as withdrawals, and they may be subject to federal and state income taxes and a 10% penalty tax.
During the Accumulation Phase, the Contract Holder or you, if permitted by your plan, directs us to invest your Purchase Payments or Account Value among the follow investment options: • Variable Investment Options; and/or • Fixed Interest Options.
More Definitions of Variable Investment Options
Variable Investment Options means separate fictional unitized funds in which units are deemed to increase or decrease in value daily in accordance with the daily increases or decreases in one of the following indices: (1) Lehman Treasury Bellwether - 3 month, (2) Lehman Brothers Aggregate Bond Index and (3) Standard & Poor's 500 Total Return.
Variable Investment Options. The Subaccounts of Variable Annuity Account C. Each one invests in a specific mutual Fund. IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT FEES AND EXPENSES Charges for Early Withdrawals If the Investor withdraws money from the Contract within seven (7) years following a specified date, the Investor can be assessed an early withdrawal charge equal to a maximum of 7% of the remaining guaranteed Income Payments withdrawn. The specified date referenced in the preceding sentence can vary depending on the terms of the Contract, and will be either: (1) the date the individual account was established; or (2) the date the Contract was established. There is no surrender charge under this Contract. See “FEE TABLES - Transaction Expenses” and “CHARGES AND FEES - Transaction Fees - Early Withdrawal Charge” in the full Contract Prospectus. Transaction Charges In addition to the early withdrawal charge, the Investor may also be charged for other transactions. Certain Funds may impose redemption fees as a result of withdrawals, transfers or other Fund transactions you may initiate. See “FEE TABLES - Transaction Expenses” and “CHARGES AND FEES” in the full Contract Prospectus.
Variable Investment Options. The Subaccounts of Variable Annuity Account B. Each one invests in a specific mutual Fund. ISP.75996 -24(Installment Contracts) 4 IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT FEES AND EXPENSES Charges for Early Withdrawals If the Investor withdraws money from the Contract within ten (10) completed Purchase Payment Periods, the Investor can be assessed an early withdrawal charge equal to a maximum of 5% of the amount withdrawn. The specified maximum percentage referenced in the preceding sentence applies to withdrawals from Contracts with installment Purchase Payments and the withdrawal charge schedule that applies to that account, but it will never exceed 8.50% of total Purchase Payments. Please also note that withdrawals from the Guaranteed Accumulation Account are subject to a Market Value Adjustment, which can be either positive or negative (see Appendix B to the full Contract Prospectus). For example, if you make an early withdrawal from a Contract with installment Purchase Payments, you could pay a surrender charge of up to $5,000 on a $100,000 investment. See “FEE TABLE – Transaction Expenses” and “CHARGES AND FEES – Transaction Fees – Early Withdrawal Charge” in the full Contract Prospectus. Transaction Charges In addition to the early withdrawal charge, the Investor may also be charged for fund redemption fees: • Certain Funds may impose redemption fees as a result of withdrawals, transfers or other Fund transactions you may initiate; and • Charges for advisory services due to an independent advisory services agreement between you and an investment adviser may be deducted from Contract value. The advisory fee is an independent advisory services agreement between the participant and an investment adviser; it is not considered a loan. See “CHARGES AND FEES – Transaction Fees – Fund Redemption Fees” in the full Contract P. Ongoing Fees and Expenses (annual charges) The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. The Base Contract Expenses include an administrative expense change equal to 0.25% annually of your Account Value invested in the Subaccounts. The administrative expense charge and the $20 annual maintenance fee may be waived, reduced or eliminated in certain circumstances. These ongoing fees and expenses do not re...
Variable Investment Options. The Subaccounts of Variable Annuity Account B. Each one invests in a specific mutual Fund. ISP.75996-24 (Single Pay Contracts) 4 IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT FEES AND EXPENSES Charges for Early Withdrawals If the Investor withdraws money from the Contract within ten (10) completed Purchase Payment Periods, the Investor can be assessed an early withdrawal charge equal to a maximum of 5% of the amount withdrawn. Please also note that withdrawals from the Guaranteed Accumulation Account are subject to a Market Value Adjustment, which can be either positive or negative (see Appendix B to the full prospectus). See “FEE TABLE - Transaction Expenses” and “CHARGES AND FEES - Transaction Fees - Early Withdrawal Charge” in the full Contract Prospectus. Transaction Charges The Investor may be charged for fund redemption fees: • Certain Funds may impose redemption fees as a result of withdrawals, transfers or other Fund transactions you may initiate; and • Charges for advisory services due to an independent advisory services agreement between you and an investment adviser may be deducted from Contract value. The advisory fee is an independent advisory services agreement between the participant and an investment adviser; it is not considered a loan. See “CHARGES AND FEES - Transaction Fees - Fund Redemption Fees” in the full Contract Prospectus. Ongoing Fees and Expenses (annual charges) The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. The base contract expenses include an administrative expense change equal to 0.25% annually of your Account Value invested in the Subaccounts. The administrative expense charge and the $20 annual maintenance fee may be waived, reduced or eliminated in certain circumstances. These ongoing fees and expenses do not reflect any advisory fees due under an independent advisory services agreement with a participant, and if such charges were reflected, these ongoing fees and expenses would be higher. Annual Fee Minimum Maximum Base Contract Expenses 1.25%1, 2 1.50%1, 2 Investment options (Portfolio Company fees and expenses) 0.27%3 1.50%3 1 As a percentage of average Account Value. 2 The base contract expenses include (1) the mortality and expense risk charge (1.25%), which compensates us for the morta...
Variable Investment Options. During the Accumulation Period we offer a number of Sub-accounts as variable investment options. These are all Sub-accounts of the Variable Separate Account(s) shown in the Schedule.
Variable Investment Options that are classified as "Type A" Variable Investment Options or "Type B" Variable Investment Options or any other type that may be specified on Page 3A of the Contract. We will value the assets of each Variable Investment Option on each business day. A business day is any day on which the New York Stock Exchange is open for trading and generally ends at 4:00 p.m.Eastern Time or such other time as we state in writing to you. We may, at our discretion, invest the assets of any Variable Investment Option in any investment permitted by applicable law. We may rely conclusively on the opinion of counsel (including attorneys in our employ) as to what investments we are permitted by law to make. We reserve the right to