DOLLAR COST AVERAGING. By Request, the Owner may elect Dollar Cost Averaging in order to purchase units of the Sub-Accounts over a period of time. The Owner may Request to automatically Transfer a predetermined dollar amount, subject to the Company’s minimum of $100, at regular intervals from the money market Sub-Account to one or more of the remaining, then available, Sub-Accounts. The unit value will be determined on the dates of the Transfers. The Owner must specify the percentage to be Transferred into each designated Sub-Account. Transfers may be set up on any one of the following frequency periods; monthly, quarterly, semiannually, or annually. The Transfer will be initiated on the Transaction Date one frequency period following the date of the Request. The Company will provide a list of Sub-Accounts eligible for Dollar Cost Averaging which may be modified from time to time. The Owner may terminate Dollar Cost Averaging at any time by Request. Dollar Cost Averaging will terminate automatically upon the Annuity Commencement Date. Participation in Dollar Cost Averaging and the Rebalancer Option at the same time is not allowed. Participation in Dollar Cost Averaging does not assure a greater profit, or any profit, nor will it prevent or necessarily alleviate losses in a declining market. The Company reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
DOLLAR COST AVERAGING. All or part of a Purchase Payment may be allocated to the DCA Fixed Account or any other subaccount made available for the purpose of Dollar Cost Averaging. Any amount so allocated will be transferred from the subaccount used for Dollar Cost Averaging to the designated Variable Subaccount in regular installments over a period chosen by the Owner. Transfers will occur at the same interval until the end of the chosen period or, if sooner, until the account value in the subaccount used for Dollar Cost Averaging has been exhausted.
DOLLAR COST AVERAGING. A program that permits the Contract Holder to systematically transfer amounts from one of the available Subaccounts, or an available Fixed Account Guaranteed Term, to one or more of the Subaccounts. If the Contract Holder elects a Fixed Account Guaranteed Term available for Dollar Cost Averaging, no MVA applies to amounts transferred under Dollar Cost Averaging. If Dollar Cost Averaging from a Fixed Account Guaranteed Term is discontinued before the end of the Dollar Cost Averaging period elected, GALIC will automatically transfer the balance to a Guaranteed Term of the same duration and an MVA will apply. The Contract Holder may initiate a Transfer to another investment option and an MVA will apply. If a Guaranteed Term of the same duration is not available, GALIC will transfer the amount to the Guaranteed Term with the next shortest duration. If no shorter Guaranteed Term is available, the next longer Guaranteed Term will be used. GALIC reserves the right to establish and change terms and conditions governing Dollar Cost Averaging.
DOLLAR COST AVERAGING. Prior to the Annuity Date, you may instruct us to systematically and automatically transfer, on a monthly or quarterly basis, amounts from an Investment Option into one or more different Investment Options. Dollar cost averaging transfers can be made on the 1st through the 28th day of a month. We will continue dollar cost averaging transfers until the earlier of:
DOLLAR COST AVERAGING. By Request, the Owner may elect Dollar Cost Averaging in order to purchase units of the Sub-Accounts over a period of time. The Owner may Request to automatically Transfer a predetermined dollar amount, subject to the Company’s minimum of $100, at regular intervals from any Sub-Account in the Investment Segment to one or more of the remaining, then available, Sub-Accounts in either the Investment or Income Segment. The unit value will be determined on the dates of the Transfers. The Owner must specify the percentage to be Transferred into each designated Sub-Account. Transfers may be set up on any one of the following frequency periods: monthly, quarterly, semiannually, or annually. The Transfer will be initiated on the Transaction Date one frequency period following the date of the Request. The Company will provide a list of Sub-Accounts eligible for Dollar Cost Averaging which may be modified from time to time. The Owner may terminate Dollar Cost Averaging at any time by Request. Dollar Cost Averaging will terminate automatically upon the Annuity Commencement Date. Participation in Dollar Cost Averaging and the Rebalancer Option at the same time is not allowed. Participation in Dollar Cost Averaging does not assure a greater profit, or any profit, nor will it prevent or necessarily alleviate losses in a declining market. The Company reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
DOLLAR COST AVERAGING. 9 1.20 Fund(s)..................................................... 10 1.21
DOLLAR COST AVERAGING. All or part of a Purchase Payment may be allocated to the DCA Fixed Account or any other subaccount made available for the purpose of Dollar Cost Averaging. Any amount so allocated will be transferred from the subaccount used for Dollar Cost Averaging to the designated Variable Subaccount in regular installments over a period chosen by the Owner. Transfers will occur at the same interval until the end of the chosen period or, if sooner, until the account value in the subaccount used for Dollar Cost Averaging has been exhausted. Transfers from the DCA Fixed Account are not subject to any interest adjustment.
DOLLAR COST AVERAGING. The Dollar Cost Averaging program allows you to regularly transfer a minimum of $200 from one designated investment option in the Plan (“Source Investment Option”) to one or more other investment options in the Plan, on either a monthly or quarterly basis. The minimum balance in the Source Investment Option Portfolio must be $2,400 in order to implement the Dollar Cost Averaging program. When you authorize the Dollar Cost Averaging program you may direct that the entire balance or a portion of the balance of the Source Investment Option be reallocated automatically from the Source Investment Option to one or more other investment option(s) specified by you on a monthly or quarterly basis, beginning on a date selected by you, and continuing until instructed otherwise, or when funds in the Source Investment Option Portfolio are depleted. Alternatively, you may direct that the automatic monthly or quarterly reallocations from the Source Investment Option continue until a date selected by you. If the Dollar Cost Averaging program is established at the time the Account is opened, it will be considered the initial investment allocation for the Account. Changes to, or termination of, a Dollar Cost Averaging program on an existing Account will count towards the Investment Exchange limit, the two allowable investment exchanges for that Designated Beneficiary for the calendar year. Establishing a Dollar Cost Averaging program when you make a new investment to an existing investment option that has already been established for your Account or implementing a Dollar Cost Averaging program to existing Account assets will count towards the Investment Exchange limit. A program of regular investment cannot assure a profit or protect against a loss in a declining market. Since the Dollar Cost Averaging program involves transfers at regular intervals from the Source Investment Option regardless of fluctuating price levels of a Portfolio’s Underlying Investments (and resulting fluctuations of the Portfolio’s NAV), you should be prepared to continue your program of investing through periods of low price levels and high volatility. Pricing of Portfolio Units When you contribute to the iShares 529 Plan, your money will be invested in Units of one or more Portfolios, depending on the investment option(s) you select. Each Portfolio is open for business each day the New York Stock Exchange ( “NYSE”) is open for trading; however, the Portfolios will be closed for wire purchases and ...
DOLLAR COST AVERAGING. The Owner may arrange to have a regular amount of money transferred automatically from the one year Guaranteed Option or one of the Investment Portfolios of the Contract to (an) Investment Portfolio(s).
DOLLAR COST AVERAGING. An option that allows the automatic Transfer of a portion of the Contract Value in periodic installments from a designated Dollar Cost Averaging Holding Account to one or more of the Variable Subaccounts available under this Contract. The periodic installments will occur during any Dollar Cost Averaging period We make available and selected by the Owner. DOLLAR COST AVERAGING HOLDING ACCOUNT -- A designated holding account that may be a designated Variable Subaccount and/or a DCA Fixed Account, if offered. ICC23-60020 Page 3 DEFINITIONS (continued) DUE PROOF -- Information that We require to pay a Death Benefit. This information includes a certified copy of a death certificate, a certified copy of a decree of a court of competent jurisdiction as to the findings of death, or any other proof of death acceptable to Us. EARNINGS -- The excess of the Contract Value over the Purchase Payments which have not yet been withdrawn from this Contract. FIXED ANNUITY PAYMENTS -- Periodic payments made to the Owner or the Owner’s designee by Us on or after the Annuity Commencement Date which We guarantee as to the dollar amount. Fixed Annuity Payments are made out of the general account. FUND -- Any of the underlying investment options available in the Variable Account. GOOD ORDER -- The receipt by Us, at Our Administrative Office, of all information, documentation, instructions and/or Purchase Payment deemed necessary by Us, in Our sole discretion, to issue this Contract or execute any transaction pursuant to its terms. IRREVOCABLE BENEFICIARY -- A Beneficiary whose interest cannot be changed without that person’s consent. If the Beneficiary is designated as an Irrevocable Beneficiary, the Owner must receive written consent from the Beneficiary to exercise any right or option under this Contract. MATURITY DATE -- The date on which Annuity Payments must commence. The Maturity Date is shown on the Contract Specifications and is based on the original Annuitant’s date of birth. NATURAL PERSON -- A human being.
