Transfers From The Fixed Account. At your request, you may transfer an amount from the unloaned value in the Fixed Account to one or more Subaccounts of the Variable Account. We must receive the request in writing or other form acceptable to us. You may make only one transfer from the Fixed Account each Contract Year. J177 The maximum amount you may transfer from the Fixed Account each Contract Year will be the greatest of:
Transfers From The Fixed Account. You may transfer from the Fixed Account an amount up to the greater of $5,000 or 25% of the Accumulated Value in the Fixed Account, but only one such transfer may be made in any twelve-month period.
Transfers From The Fixed Account. You may make one transfer from the Fixed Account to the Variable Accounts or Fixed LT Account in any twelve-month period. Such transfer is limited to the greatest of $5,000, 25% of the Accumulated Value in the Fixed Account, and the amount transferred in the prior policy year from the Fixed Account to the Variable Accounts, provided that you may transfer up to 100% of the value in the Fixed Account to the Fixed LT Account.
Transfers From The Fixed Account. At your request you may also transfer an amount from the unloaned value in the fixed account to one or more subaccounts of the variable account. We must receive the request in writing or other form acceptable to us. You may make only one transfer from the fixed account each contract year. We will not transfer more than 25% of the unloaned fixed account value, unless the balance after the transfer is less than $250, in which case the entire amount will be transferred. A transfer fee may apply as described in Section 9.1, Transfer Fees. We may suspend or modify this transfer privilege at any time.
Transfers From The Fixed Account. You may transfer from the Fixed Account an amount up to the greater of $5,000 or 25% of the Accumulated Value in the Fixed Account, but only one such transfer may be made in any twelve-month period Transfers From The Fixed LT Account - You may transfer from the Fixed LT Account an amount up to the greater of $5,000 or 10% of the Accumulated Value in the Fixed LT Account, but only one such transfer may be made in any twelve-month period. Allocations To The fixed Options - We reserve the right to limit the aggregate amount so that the amount allocated to the Fixed Account combined wit the Fixed LT Account does not exceed $1,000,000 during the most recent 12 months for all policies in which you have an ownership interest or to which payments are made by the same payor. Policies that are MEC’s may not make any allocations to the Fixed LT Account. Allocations include Net Premium payments, transfers and loan repayments. Any excess over $1,000,000 will be allocated to your other Investment Options according to your most recent instructions. We may increase the $1,000,000 limit at any time at our sole discretion. You may contact us to find out if a higher limit is in effect.
Transfers From The Fixed Account. Each calendar year, the percentage shown on Contract Schedule I under Fixed Account Annual Transfer Limit of the amount in the Fixed Account may be transferred to any available Investment Options. The amount available for transfer will be based on the Individual Account value in the Fixed Account as of the date we receive the transfer request in Good Order at our Home Office. We may, on a temporary basis, allow transfer of a larger percentage. There is no limit on the amount that may be transferred to the Fixed Plus Account.
Transfers From The Fixed Account. If allowed by the Company, in its sole discretion, a Participant may transfer amounts from his or her interest in the Fixed Account to a Sub-Account during the thirty (30) day period each year following the Certificate Anniversary. No transfer from the Fixed Account is allowed during the first Certificate Year. Transfers from the Fixed Account during any other Certificate Year may not exceed in the aggregate the greater of $1,000 or twenty percent (20%) of the Fixed Account Value as of the most recent Certificate Anniversary. We may, in our sole discretion, restrict or prohibit this type of transfer or the availability of any Sub-Account from time to time on a nondiscriminatory basis.
Transfers From The Fixed Account. You may transfer the actuarial present value of some or all of your future guaranteed annuity payments in the fixed account to obtain variable annuity payments from any investment account that is equity-based as listed on page 4, under one of the two methods described below. Transfers from the fixed account cannot be made more frequently than once per calendar year, and must consist of a periodic payment of at least $100 or the entire payment. Any annuity income that has been transferred as described in this section may subsequently be transferred among any of the equity-based investment accounts, but may not be transferred back to the fixed account, and may not be transferred to any investment account that is not equity-based. The two transfer methods are: LUMP SUM TRANSFER. You may transfer, in a lump sum, any percentage between 1% and 20% of your future annuity payments, subject to the $100 minimum periodic payment as described above. INSTALLMENT TRANSFER. You may transfer all of your future annuity payments over a period of five years. Each year the installment transfer will be equal to a percentage of your future annuity payments as of the effective date of that year's transfer. In the first year the percentage will be 20%; in the second year the percentage will be 25%; in the third year the percentage will be 33a%; in the fourth year the percentage will be 50%; and in the fifth year the percentage will be 100%. You may at any time cancel all transfers under this method that are due after the business day we receive your request to cancel in a form acceptable to us. If you die before an installment transfer is completed, we will cancel any remaining transfers that are due after the date we receive due proof of your death.
