Transfer of Current. Value from the Funds or GAA: (a) To any other allowable Fund; (b) To the Fixed Account; or (c) To Terms of GAA available in the current Deposit Period. Amounts in a specific GAA Term cannot be transferred to the Deposit Period of another Term within the same Classification except at the Term's maturity (see 3.03(f)). Amounts applied to Classifications of GAA may not be transferred during the Deposit Period or for 90 days after the close of the Deposit Period (see 3.03(e)). Transfers from Terms of GAA are subject to the Withdrawal and MVA provisions (see 3.18). Twelve transfers (excluding transfers from the GAA at the end of a Guaranteed Term) can be made during a calendar year period. However, only the Contract Holder may tell us to make such transfers. The Company, in its sole discretion, may refuse to make such transfers at the direction of any other person, even if such other person has been authorized by the Contract Holder to make such transfers. More than 12 such transfers in any calendar year, if permitted by us, may be subject to an additional fee of up to $10 for each subsequent occurrence. IRA-CDA-03 10
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Transfer of Current. Value from the Funds or GAA:
(a) To any other allowable Fund;
(b) To the Fixed Account; or
(c) To Terms of GAA available in the current Deposit Period. Amounts in a specific GAA Term cannot be transferred to the Deposit Period of another Term within the same Classification except at the Term's maturity (see 3.03(f)). Amounts applied to Classifications of GAA may not be transferred during the Deposit Period or for 90 days after the close of the Deposit Period (see 3.03(e)). Transfers from Terms of GAA are subject to the Withdrawal and MVA provisions (see 3.18). Twelve transfers (excluding transfers from the GAA at the end of a Guaranteed Term) can be made during a calendar year period. However, only the Contract Holder may tell us to make such transfers. The Company, in its sole discretion, may refuse to make such transfers at the direction of any other person, even if such other person has been authorized by the Contract Holder to make such transfers. More than 12 such transfers in any calendar year, if permitted by us, may be subject to an additional fee of up to $10 for each subsequent occurrence. IRA-CDA-03 CDA-03(NY) 10
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