EX-99.4(E) 3 a15-1969_5ex99d4e.htm EX-99.4(E)

EX 99.4(E)

 

Integrity Life Insurance Company

 

Guaranteed Lifetime Withdrawal Benefit Rider

 

ICC14 IR.38 1410

 

This Guaranteed Lifetime Withdrawal Benefit Rider (“GLWB” or “Rider”) has been issued to you and made a part of your Contract as of the Contract Date. This Rider is subject to all the exclusions, definitions and provisions of the Contract to which it is attached. If any provisions contained in this Rider are inconsistent with those of the Contract, the Rider provisions will control. Capitalized terms not defined in this Rider or on the GLWB Data Page have the meanings assigned to them in the Contract.

 

The purpose of this guaranteed lifetime withdrawal benefit is to provide security through a stream of periodic income payments to the Owner. This benefit will terminate upon assignment or a change in ownership of the Contract unless the assignee or new Owner meets the qualifications specified in the Termination section of this Rider.

 

Definitions

 

Annual Processing Date is the last day of each Contract Year.

 

GLWB Data Page refers to the data pages issued with your Rider, which are a part of your Rider.

 

Partial Exchange is an exchange of a portion of your Account Value under Section 1035 (or an equivalent provision) of the Tax Code, or if you have a Qualified Contract, a trustee-to-trustee transfer of a portion of your Account Value.

 

Qualified Contract is an annuity contract that qualifies under the Tax Code as an Individual Retirement Annuity under Section 408 or 408A, or similar provisions, of the Tax Code or one that is owned by a qualified retirement plan under Section 401, or similar provisions, of the Tax Code. The Contract Type is stated on your Contract Schedule Page.

 

Tax Code is the Internal Revenue Code of 1986, as amended, or any subsequent United States revenue laws, and applicable rules, regulations and guidelines published by the Internal Revenue Service.

Withdrawal is a withdrawal of part of your Account Value or a Partial Exchange.

 

The Benefit

 

This Rider guarantees you can receive an amount equal to the Lifetime Payout Amount (“LPA”) each Contract Year on or after the LPA Eligibility Date for as long as either the Annuitant or the Spousal Annuitant is alive regardless of your Account Value. The LPA Eligibility Date, the Annuitant and the Spousal Annuitant are stated on your GLWB Data Page and will not change except as otherwise stated in this Rider. This benefit will terminate without value when this Rider terminates as described in the Termination section.

 

Lifetime Payout Amount (“LPA”)

 

Before the LPA Eligibility Date, you have no LPA.

 

On or after the LPA Eligibility Date, the LPA is equal to the applicable Withdrawal Percentage multiplied by the Benefit Base, both defined below, then multiplied by the Spousal Factor stated on your GLWB Data Page.

 

If your Account Value is greater than zero, the LPA you take from the Contract is a Partial Withdrawal from your Account Value. LPA Withdrawals will affect the Death Benefit the same as Withdrawals described in your Contract.

 

The LPA may also be referred to as a guaranteed Withdrawal. Any portion of the LPA not taken during a Contract Year is not available in any future Contract Year.

 

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Withdrawal Percentage

 

The Withdrawal Percentage is the percentage we use to calculate your LPA. The Withdrawal Percentage is determined by the Younger Annuitant’s Age Band (younger of the Annuitant and Spousal Annuitant) at the time of your first Withdrawal on or after the LPA Eligibility Date. The Younger Annuitant’s Age Band is stated on your GLWB Data Page and is based on the Younger Annuitant’s attained age. Except as otherwise stated in this Rider, the Withdrawal Percentage is locked in when you take your first Withdrawal on or after the LPA Eligibility Date.

 

Benefit Base

 

The Benefit Base is the value we use to calculate your LPA. The Benefit Base is always equal to the greater of the Roll-Up Base and the Step-Up Base, both defined below.

 

The Roll-Up Base, Step-Up Base and Benefit Base are not available for Withdrawal or surrender. They are not payable as a Death Benefit or as an Annuity Benefit. These Bases are simply values used to determine your LPA and Rider charge.

 

Roll-Up Base

 

On the Contract Date, your Roll-Up Base is equal to your Account Value. Your Roll-Up Base will be adjusted as follows.

 

1.              If you make an additional Contribution, your Roll-Up Base will increase immediately by the amount of the Contribution.

 

2.              If you take a Nonguaranteed Withdrawal, your Roll-Up Base will decrease immediately as described in the Nonguaranteed Withdrawals section.

 

3.              On each Annual Processing Date during the Roll-Up Period stated on your GLWB Data Page, your Roll-Up Base will increase if you have taken no Withdrawals during that Contract Year. Your Roll-Up Base will increase by an amount equal to the Roll-Up Percentage stated on your GLWB Data Page multiplied by the sum of all Contributions, less the sum of all Withdrawals, including Withdrawal Charges. The amount of the increase is the Roll-Up amount.

 

Step-Up Base

 

On the Contract Date, your Step-Up Base is equal to your Account Value. Your Step-Up Base will be adjusted as follows.

 

1.              If you make an additional Contribution, your Step-Up Base will increase immediately by the amount of the Contribution.

 

2.              If you take a Nonguaranteed Withdrawal, your Step-Up Base will decrease immediately as described in the Nonguaranteed Withdrawals section.

 

3.              On each Annual Processing Date, if your Account Value is greater than your Step-Up Base, your Step-Up Base will increase to equal the Account Value. The amount of the increase is the Step-Up amount.

 

If you receive a Step-Up after you take a guaranteed Withdrawal, we will increase your Withdrawal Percentage if you meet the following conditions.

 

·                  The Step-Up results in an increase to your Benefit Base; and

 

·                  The Younger Annuitant’s Age Band corresponds to a higher Withdrawal Percentage.

 

Nonguaranteed Withdrawals

 

Taking Nonguaranteed Withdrawals could reduce the future benefits by more than the dollar amount taken. You may not receive the intended benefit of this Rider if you take Nonguaranteed Withdrawals.

 

Before the LPA Eligibility Date, the entire amount of a Withdrawal, including any Withdrawal Charges, is a Nonguaranteed Withdrawal.

 

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On or after the LPA Eligibility Date, the amount of a Withdrawal, including any Withdrawal Charges, by which the sum of Withdrawals during that Contract Year exceeds the LPA, is a Nonguaranteed Withdrawal.

Each Nonguaranteed Withdrawal will decrease the Roll-Up Base and Step-Up Base, and therefore the Benefit Base, by an amount equal to the Adjusted Nonguaranteed Withdrawal. The Adjusted Nonguaranteed Withdrawal amount is the Nonguaranteed Withdrawal amount multiplied by the greater of:

 

·                  1.0, and

 

·                  the ratio of Benefit Base to Account Value (Benefit Base divided by Account Value).

 

For the purpose of this calculation, we use the Benefit Base before the Withdrawal and the Account Value reduced by any remaining LPA.

 

Example of the effect of a Nonguaranteed Withdrawal based on the following assumptions:

 

·                  One Withdrawal of $7,500 is taken during the Contract Year.

 

·                  The Withdrawal is taken after LPA Eligibility Date.

 

·                  No Withdrawal Charges apply.

 

·                  The Spousal Factor of 90% is applied to the LPA.

 

Before Nonguaranteed Withdrawal

After Nonguaranteed Withdrawal

 

Account Value

=

$84,950

 

 

Account Value

=

$77,450

 

 

Step-Up Base

=

$95,000

 

 

Step-Up Base

=

$91,494

 

 

Roll-Up Base

=

$110,000

 

 

Roll-Up Base

=

$106,494

 

 

Benefit Base

=

$110,000

 

 

Benefit Base

=

$106,494

 

 

LPA

=

 $4,950

 

 

LPA

=

$4,792

 

 

The Nonguaranteed Withdrawal amount is $2,550:

$2,550 = Total Withdrawal of $7,500 minus the LPA of $4,950.

 

The Adjusted Nonguaranteed Withdrawal is $3,506.

$3,506 = $2,550 (Nonguaranteed Withdrawal) x the greater of 1.0 and ($110,000 (Benefit Base immediately before the Withdrawal) / $80,000 (Account Value reduced by the LPA) = 1.375)

 

In this example, the Benefit Base is reduced by 37.5% more than the Nonguaranteed Withdrawal.

 

Other Information About Withdrawals

 

Withdrawals must be taken from each Variable Account Option and Fixed Account Option in the proportion that the value of each option bears to the Account Value on the date the Withdrawal is processed.

 

If a Withdrawal is greater than the Free Withdrawal amount but does not result in a Nonguaranteed Withdrawal, any Withdrawal Charges are waived. If a Withdrawal is greater than the Free Withdrawal amount and results in a Nonguaranteed Withdrawal, any Withdrawal Charges are applied according to the Contract.

 

If you request a Withdrawal, we will withdraw the total amount you requested from your Account Value. The amount you receive will be net of any Withdrawal Charges and tax withholding.

 

Required Minimum Distributions

 

If this is a Qualified Contract, you may be required to take a required minimum distribution (“RMD”) each calendar year after you reach age 70½. Beginning in the second Contract Year, if the RMD is greater than the LPA, we allow you to take your RMD without causing a Nonguaranteed Withdrawal by limiting the portion of your RMD to a maximum amount in each Contract Year.

 

We will notify you during the year of your RMD and the maximum amount you can withdraw each Contract Year to avoid a Nonguaranteed Withdrawal. If your Withdrawals exceed the maximum amount allowed in a Contract Year, for the remainder of that Contract Year, Withdrawals greater than LPA are Nonguaranteed Withdrawals. The

 

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maximum amount is not available during the Guaranteed Payment Phase. The RMD we calculate is based on the prior calendar year end fair market value for this Contract only, including this GLWB benefit.

 

Guaranteed Payment Phase

 

On or after the LPA Eligibility Date, this Rider may enter the Guaranteed Payment Phase (“GPP”).

 

·                  Before the Maximum Retirement Date, the Rider will enter the GPP when (a) the Account Value decreases to zero by other than a Nonguaranteed Withdrawal, and (b) the Benefit Base is greater than zero.

 

·                  On the Maximum Retirement Date, the Rider will enter the GPP if you elect the applicable LPA Annuity Option stated on your GLWB Data Page. If both the Annuitant and Spousal Annuitant are alive, the applicable LPA Annuity Option is the Joint and Survivor Life Only Annuity Benefit paying LPA. If only one of the Annuitant or Spousal Annuitant is alive, the applicable LPA Annuity Option is the Life Only Annuity Benefit paying LPA. If you elect the applicable LPA Annuity Option, or one applies because you failed to make an election, any remaining Account Value is forfeited.

 

When the GPP begins, we will notify you and send any remaining LPA not received during the current Contract Year. Beginning the next Contract Year, you will receive your LPA annually. We may allow additional payment frequencies, but once guaranteed payments begin in the GPP, you cannot change the payment frequency.

After the GPP begins, your only rights under the Contract will be those described in this section and the Termination section. All other rights, benefits, values, fees and charges under the Contract terminate.

 

The GPP will continue until the earlier of:

 

·                  the death of both the Annuitant and Spousal Annuitant, and

 

·                  the date this Rider is terminated.

 

We may require proof that the Annuitant or the Spousal Annuitant is living. We should be notified immediately upon the death of the Annuitant or Spousal Annuitant.

 

Rider Charge

 

The charge is equal to the Rider Charge Percentage stated on your GLWB Data Page, multiplied by your Benefit Base at the end of each calendar quarter, divided by four. The Rider charge is assessed in arrears. If the Rider is terminated during a calendar quarter, a pro rata share of the rider charge will be assessed. Pro rata share means the charge will be reduced by a percentage resulting from the number of days since the end of the previous calendar quarter, divided by the number of days in the current calendar quarter.

 

The charge is deducted from each Variable Account Option and Fixed Account Option in the proportion that the value of each option bears to the Account Value on the date the charge is processed. We do not deduct the Rider charge during the Guaranteed Payment Phase.

 

We may increase the Rider Charge Percentage. The Maximum Rider Charge Percentage stated on your GLWB Data Page is the highest total charge we may assess, regardless of the number of increases. Any increase will be based on future anticipated experience.

 

We will give you prior written notice of any increase on or before the Prior Written Notice Period stated on your GLWB Data Page. The notice will provide the amount of the Rider charge increase and your right to: (a) reject the increase in exchange for a specified reduction in your Withdrawal Percentage, (b) cancel the rider, or (c) do nothing and accept the increase. To reject the increase or cancel the rider, we must receive your written request before the beginning of the Advance Notice Period stated on your GLWB Data Page. If we do not receive your written request before the beginning of the Advance Notice Period, the increased Rider charge will take effect and cannot be reversed.

 

If you reject the Rider charge increase and continue the Rider, your Withdrawal Percentage will be reduced by the amount specified by us. The Withdrawal Percentage will not be reduced by more than the Maximum Reduction of Withdrawal Percentage stated on your GLWB Data Page regardless of the number of increases. Your decision to reject an increase is irrevocable and any future increases will not apply to you. The LPA will change to reflect the lower Withdrawal Percentage on the next Contract Anniversary.

 

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Contract Structure Limitations

 

1.              The Owner and Annuitant must be the same person.

 

2.              No Joint Owner is allowed.

 

3.              No Contingent Annuitant is allowed.

 

4.              The Owner must be a human being.

 

5.              The Owner’s spouse on the Contract Date must be named as the Spousal Annuitant.

 

6.              The Owner’s spouse must be named as the Owner’s sole primary beneficiary and the Annuitant’s sole primary beneficiary.

 

7.              You cannot add or replace a spouse as a Spousal Annuitant.

 

Removal of Spouse as Spousal Annuitant

 

If your marriage is terminated (such as by divorce or dissolution) or your spouse dies, your spouse is automatically removed as Spousal Annuitant. You must provide us with notice of termination of your marriage or your spouse’s death. Once the Spousal Annuitant is removed, you can name new beneficiaries. If you subsequently remarry, you cannot add your new spouse as Spousal Annuitant under this Rider.

 

If your spouse is removed and is no longer a Spousal Annuitant:

 

1.              the LPA Eligibility Date will not change.

 

2.              the Withdrawal Percentage will continue to be based on the age of the younger of the Annuitant and the (now removed) Spousal Annuitant.

 

3.              the Spousal Factor will continue to apply to your LPA calculation.

 

4.              LPA is no longer guaranteed for the lives of both the Annuitant and Spousal Annuitant, but only for the life of the Annuitant.

 

5.              The Joint and Survivor Life Only Annuity Benefit paying LPA is no longer available.

 

Contributions

 

The initial Contribution must be at least the Minimum Initial Contribution and no more than the Maximum Total Contribution, both stated on your GLWB Data Page.

 

You may make additional Contributions if both the Annuitant and the Spousal Annuitant are no older than the Maximum Contribution Age stated on your GLWB Data Page. Each additional Contribution must be at least the Minimum Additional Contribution stated on your GLWB Data Page and no more than the Maximum Total Contribution.

 

We may refuse any Contribution that causes the total Contributions to all contracts in force with us having a common Annuitant to exceed the Maximum Total Contribution.

 

We may refuse to accept additional Contributions on a nondiscriminatory basis at any time.

 

Right to Cancel

 

You may cancel this Rider during any Cancellation Window stated on your GLWB Data Page by sending written notice to us.

 

GLWB Investment Strategies

 

Except as stated below, your Account Value must be allocated to one of the GLWB Investment Strategies stated on your GLWB Data Page. We will invest your Contributions in the Variable Account Options within the GLWB Investment Strategy you choose according to your designated allocation. We will automatically rebalance amounts in the Variable Account Options to your designated allocation on the last day of the Rebalancing Period stated on your GLWB Data Page. No other rebalancing is allowed.

 

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You may not transfer amounts among Variable Account Options other than by changing your allocation. You may reallocate to a different GLWB Investment Strategy or to different Variable Account Options within a strategy. Each reallocation starts a Waiting Period stated on your GLWB Data Page. The Waiting Period must pass before you can make another allocation change. The Waiting Period also applies immediately after the Contract Date. Automatic rebalancing does not start a Waiting Period.

 

You may invest some or all of a Contribution in one of the Systematic Transfer Option Fixed Accounts (“STOs”) stated on your GLWB Data Page. The money in the STO will transfer to the Variable Account Options according to your designated allocation. You may have Account Value invested in only one STO at any time. Account Value in the STO is not part of your designated allocation and is not included in the rebalancing. Contributions invested in a STO and transfers from a STO to the Variable Account Options do not start a Waiting Period.

 

Subject to required approvals by federal and state authorities, we may add, remove, restrict, merge, eliminate or substitute any GLWB Investment Strategies, Variable Account Options or Fixed Account Options. None of these actions will start a Waiting Period.

 

Continuation of Rider at Owner’s Death

 

The Spousal Annuitant will have the option to continue the Contract and the GLWB Rider at the time of the Annuitant’s death. Upon continuation of the Rider after the Annuitant’s death:

 

1.              the LPA Eligibility Date will not change.

 

2.              the Withdrawal Percentage will continue to be based on the age of the younger of the Annuitant (now deceased) and the Spousal Annuitant.

 

3.              the Spousal Factor will continue to apply to the LPA calculation.

 

4.              the Maximum Retirement Date will remain the same as before the continuation.

 

5.              the words “you,” “your” and “Owner” as used in this Rider will apply to the Spousal Annuitant.

 

Waiver of Contract Provisions

 

The minimum balance required in your Contract does not apply while this Rider is in effect.

 

You cannot make transfers as allowed under the Contract. You can reallocate your Account Value only as allowed in the GLWB Investment Strategies section.

 

Report

 

At least annually, we will provide a report that contains the following:

 

·                  before the first LPA is taken, the Benefit Base and LPA as of the earliest possible withdrawal date; and

 

·                  after the first LPA is taken, the LPA.

 

The report may also contain additional information.

 

Termination

 

This Rider will terminate on the earliest of the following:

 

1.              the date of the last to die of the Annuitant or Spousal Annuitant;

 

2.              the date the Benefit Base equals zero;

 

3.              the date a Nonguaranteed Withdrawal reduces the Account Value to zero;

 

4.              before the LPA Eligibility Date, the date charges reduce the Account Value to zero;

 

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5.              the date that ownership of the Contract is transferred or the Contract, or any benefits under the Contract, are assigned, unless:

 

a.              the new Owner assumes full ownership of the contract and is essentially the same person as the current Owner (for example, a change to a court appointed guardian representing the Owner during the Owner’s lifetime),

 

b.              the assignment is temporary and solely for the purpose of effectuating a Partial Exchange; or

 

c.               the new owner is the Spousal Annuitant upon continuation of the Contract;

 

6.              the Maximum Retirement Date, unless the applicable LPA Annuity Option is in effect;

 

7.              the date you elect an annuity option other than the applicable LPA Annuity Option;

 

8.              the date the Spousal Annuitant elects a death benefit other than the Spousal Continuation Benefit;

 

9.              the date we process cancellation of this Rider at your request;

 

10.       the date you surrender the Contract.

 

Once terminated, the Rider charge no longer applies and the Rider cannot be reinstated.

 

INTEGRITY LIFE INSURANCE COMPANY

 

/s/ Jill T. McGruder, President

 

/s/ Edward J. Babbitt, Secretary

 

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GUARANTEED LIFETIME WITHDRAWAL BENEFIT RIDER

DATA PAGE

 

CONTRACT NUMBER:

 (Same as contract number)

ANNUITANT:

 Annuitant’s Name

SPOUSAL ANNUITANT:

 Spouse’s Name

LPA ELIGIBILITY DATE:

 mm/dd/yyyy

 

WITHDRAWAL PERCENTAGE:

 

 

 

Younger Annuitant’s Age Band

 

Withdrawal Percentage

 

 

60-64

 

4.0%

 

 

65-69

 

4.5%

 

 

70-74

 

5.0%

 

 

75-79

 

5.5%

 

 

80+

 

6.25%

 

 

SPOUSAL FACTOR:

 90%

 

ROLL-UP PERIOD:

 First 10 Contract Years

 

ROLL-UP PERCENTAGE:

 7%

 

LPA ANNUITY OPTIONS:

Life Only Annuity Benefit paying LPA as long as the Annuitant lives

 

 

 

Joint and Survivor Life Only Annuity Benefit paying LPA as long as either the Annuitant or Spousal Annuitant lives

 

RIDER CHARGE PERCENTAGE:

 1.35%

 

This Rider Charge Percentage may increase up to the Maximum Rider Charge Percentage at any time with prior written notice to you.

 

MAXIMUM RIDER CHARGE PERCENTAGE:

 2.00%

 

MAXIMUM REDUCTION OF WITHDRAWAL PERCENTAGE:

 1.00%

 

PRIOR WRITTEN NOTICE PERIOD:

 60 days

 

ADVANCE NOTICE PERIOD:

 5 days before the effective date of the Rider charge
increase

 

MINIMUM INITIAL CONTRIBUTION:

 $25,000

 

MAXIMUM TOTAL CONTRIBUTION:

 $1,000,000 for Annuitant up to age 75

 $500,000 for Annuitant age 76-80

 

MAXIMUM CONTRIBUTION AGE:

 80

 

MINIMUM ADDITIONAL CONTRIBUTION:

 $1,000

 

CANCELLATION WINDOW:

 The first 45 days of each Contract Year beginning the sixth Contract Year

 

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GUARANTEED LIFETIME WITHDRAWAL BENEFIT RIDER

DATA PAGE

 

GLWB INVESTMENT STRATEGIES

 

 Strategy 1

100% in the Variable Account Options listed below. You may select more than one of the Variable Account Options, but your allocations must add up to 100%.

 

 Fidelity VIP Freedom

2015

 Fidelity VIP Freedom

2020

 Fidelity VIP Freedom

2025

 

OR

 

 Strategy 2

100% in the Variable Account Options listed below. You may select more than one of the Variable Account Options, but your allocations must add up to 100%.

 

 American Funds Insurance Series

Managed Risk Asset Allocation

 Fidelity VIP Target Volatility

 TOPS Managed Risk

Moderate Growth ETF

 

OR

 

 Strategy 3

100% in the Variable Account Options listed below. The Variable Account Options are defined in separate investment categories grouped together in columns. Each column has a minimum and maximum allocation requirement. You may select any of the Variable Account Options as long as you meet the allocation requirements in each column. Your allocations must add up to 100%.

 

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40-60%

 

40-60%

 

0%-20%

 

0%-10%

Fixed Income

 

Core Equity

 

Non Core Equity

 

Alternative

·        Fidelity VIP Investment Grade Bond

·        PIMCO VIT Total Return

·        Touchstone VST Active Bond

 

·        American Funds I.S. Capital Income Builder

·        American Funds I.S. Growth-Income

·        American Funds I.S. Managed Risk Asset Allocation

·        BlackRock Capital Appreciation V.I.

·        Fidelity VIP Asset Manager

·        Fidelity VIP Balanced

·        Fidelity VIP Contrafund

·        Fidelity VIP Equity-Income

·        Fidelity VIP Growth

·        Fidelity VIP Index 500

·        Fidelity VIP Target Volatility

·        Franklin Growth and Income VIP

·        Franklin Large Cap Growth VIP

·        Franklin Mutual Shares VIP

·        Invesco V.I. American Value

·        Invesco V.I. Comstock

·        TOPS Managed Risk Moderate Growth ETF

·        Touchstone VST Aggressive ETF

·        Touchstone VST Conservative ETF

·        Touchstone VST Large Cap Core Equity

·        Touchstone VST Moderate ETF

 

·        American Funds I.S. Growth

·        Columbia VP Mid Cap Value

·        Columbia VP Small Cap Value

·        Deutsche Small Cap Index VIP

·        Fidelity VIP Disciplined Small Cap

·        Fidelity VIP Mid Cap

·        Franklin Small Cap Value VIP

·        Invesco V.I. American Franchise

·        Touchstone VST Baron Small Cap Growth

·        Touchstone VST Mid Cap Growth

·        Touchstone VST Third Avenue Value

 

International

·        American Funds I.S. Global Growth

·        American Funds I.S. New World

·        BlackRock Global Allocation V.I.

·        Fidelity VIP Overseas

·        Invesco V.I. International Growth

·        Morgan Stanley UIF Emerging Markets Debt

·        Morgan Stanley UIF Emerging Markets Equity

·        Templeton Foreign VIP

·        Templeton Global Bond VIP

·        Templeton Growth VIP

 

·        Morgan Stanley UIF U.S. Real Estate

·        PIMCO VIT All Asset

·        PIMCO VIT Commodity RealReturn Strategy

·        PIMCO VIT Long-Term U.S. Government

 

High Yield

·        Fidelity VIP High Income

·        Franklin Income VIP

·        Touchstone VST High Yield

 

Short Duration

·        Fidelity VIP Money Market

·        PIMCO VIT Low Duration

·        PIMCO VIT Real Return

 

 

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REBALANCING PERIOD:

 Each Contract quarter

 

WAITING PERIOD:

 90 days

 

SYSTEMATIC TRANSFER OPTION FIXED ACCOUNTS (“STOs”):

 6-Month STO

 12-Month STO

 

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