Common use of ALLOCATION GUIDELINES Clause in Contracts

ALLOCATION GUIDELINES. We will allocate your Purchase Payments received in Good Order in accordance with your instructions. You may allocate Purchase Payments to the available Sub-Accounts. You may also allocate Purchase Payments to the [Fixed Account with Declared Interest Rate (DIR Fixed Account) and/or the ]Fixed Account for Dollar Cost Averaging (DCA Fixed Account)[ (collectively, the Fixed Account(s))]. [Currently, we limit the allocation of any Purchase Payment to the DIR Fixed Account to [25%] of the Purchase Payment.] We reserve the right, upon thirty (30) calendar days advance notice to you, to limit the allocation of any Purchase Payment to the [DCA ]Fixed Account[(s)].

Appears in 2 contracts

Sources: Deferred Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4), Deferred Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4)