FIXED ACCOUNT OPTIONS definition
FIXED ACCOUNT OPTIONS. 1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed MINIMUM PARTIAL WITHDRAWAL AMOUNT: $1,000 MAXIMUM PENALTY-FREE WITHDRAWAL PERCENTAGE: 10% MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $100 MINIMUM AMOUNT REMAINING AFTER A PARTIAL WITHDRAWAL: $2,500 WITHDRAWAL CHARGE SCHEDULE: Number of Full Years Elapsed Withdrawal Charge as a Between Purchase Payment Contribution Percentage of Withdrawn And Date of Withdrawal Purchase Payment ---------------------------------------- ----------------------- 0 8% 1 7% 2 6% 3 5% 4+ 0% See Page 11 for Withdrawal Provisions. FS-993-PPS4 (12/10) CONTRACT DATA PAGE (CONT'D.)
FIXED ACCOUNT OPTIONS. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 See Page 11 for Withdrawal Provisions. FS-993 (12/10) 3 Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): 1.65% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS VARIABLE SEPARATE ACCOUNT ¬8 FS-993 (12/10) 4
FIXED ACCOUNT OPTIONS. 1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed MINIMUM PARTIAL WITHDRAWAL AMOUNT: $1,000 MAXIMUM PENALTY-FREE WITHDRAWAL PERCENTAGE: 10% MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $100 MINIMUM AMOUNT REMAINING AFTER A PARTIAL WITHDRAWAL: $2,500 WITHDRAWAL CHARGE SCHEDULE: -------------------------------------------------------------------------------- Number of Full Years Elapsed Withdrawal Charge as a Between Purchase Payment Contribution Percentage of Withdrawn And Date of Withdrawal Purchase Payment -------------------------------------------------------------------------------- 0 8% -------------------------------------------------------------------------------- 1 7% -------------------------------------------------------------------------------- 2 6% -------------------------------------------------------------------------------- 3 5% -------------------------------------------------------------------------------- 4 4% -------------------------------------------------------------------------------- 5+ 0% -------------------------------------------------------------------------------- See Page 11 for Withdrawal Provisions. CONTRACT DATA PAGE (CONT'D.) MINIMUM TRANSFER AMOUNT: $100 SEPARATE ACCOUNT CHARGE (including guaranteed death benefit risk charge of 0.10%): Contract Years 1-5: 1.55% Contract Years 6 & Thereafter: 1.30% ANNUAL CONTRACT MAINTENANCE FEE: $50 TRANSFER FEE: $25 EARLIEST ANNUITY DATE AFTER THE CONTRACT DATE: 13 months LATEST ANNUITY DATE: 1st day of the month following Age 90 or 10 years after the Contract Date SEPARATE ACCOUNT: [FS VARIABLE SEPARATE ACCOUNT] OPTIONAL ELECTIONS: OPTIONAL ELECTION DETAILS: SunAmerica Income Plus See Attached Endorsement FSE-6248 Maximum Anniversary Value See Attached Endorsement FSE-6235
Examples of FIXED ACCOUNT OPTIONS in a sentence
DOLLAR COST AVERAGING (DCA) FIXED ACCOUNT OPTION(S) Any portion of a Purchase Payment allocated to the DCA Fixed Account Option(s) must be transferred out to the Variable Portfolio(s) within the specified DCA Fixed Account Option period.
FIXED ACCOUNT OPTION(S) The investment options, if available under this Contract, that become part of the Company's general asset account and are credited with a fixed rate of interest declared by the Company.
ONE OR BOTH OF THE DCA+ FIXED ACCOUNT OPTIONS MAY NOT BE AVAILABLE ON THE ISSUE DATE.
PLEASE CHECK THE CONTRACT DATA PAGE TO DETERMINE WHICH DCA+ FIXED ACCOUNT OPTIONS ARE CURRENTLY AVAILABLE.
THE TABULAR CONTRACT FUND VALUES AND TABULAR CASH VALUES SHOWN ARE THE AMOUNTS WHICH WILL APPLY IF ALL SCHEDULED PREMIUMS HAVE BEEN PAID ON THEIR DUE DATES, THERE HAVE BEEN NO UNSCHEDULED PREMIUMS PAID, THERE IS NOT CONTRACT DEBT, THE SUBACCOUNTS AND THE FIXED ACCOUNT OPTIONS YOU HAVE CHOSEN EARN EXACTLY THE ASSUMED RATE OF RETURN AND WE HAVE DEDUCTED THE MAXIMUM MORTALITY CHARGES.
More Definitions of FIXED ACCOUNT OPTIONS
FIXED ACCOUNT OPTIONS. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 See Page 11 for Withdrawal Provisions. FS-993-PPS4 (12/10) 3 Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): Contract Years 1-4: 1.55% Contract Years 5 & thereafter: 1.15% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS VARIABLE SEPARATE ACCOUNT ¬8 FS-993-PPS4 (12/10) 4 Defined in this section are some of the words and phrases used in this Contract. These terms are capitalized when used in the Contract with the meaning set forth below. A unit of measure used to compute the Contract Value in a Variable Portfolio before the Annuity Date. Age as of last birthday. In the case of Joint Owners/Annuitants, the age of the older person will be used to determine any age-driven benefit.
FIXED ACCOUNT OPTIONS. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 0 8 % 1 7 % 2 6 % 3 5 % 4 4 % 5+ 0 % See Page 11 for Withdrawal Provisions. FS-998 (6/11) 3 Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): Contract Years 1-5: 1.55% Contract Years 6 & Thereafter: 1.30% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS VARIABLE SEPARATE ACCOUNT ¬8 FS-998 (6/11) 4
FIXED ACCOUNT OPTIONS. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 FS-993-PPS9 (12/10) 3 See Page 11 for Withdrawal Provisions. Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): Contract Years 1-9: 1.55% Contract Years 10 & thereafter: 1.15% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS VARIABLE SEPARATE ACCOUNT ¬8 FS-993-PPS9 (12/10) 4
FIXED ACCOUNT OPTIONS. 1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed MINIMUM PARTIAL WITHDRAWAL AMOUNT: $1,000 MAXIMUM PENALTY-FREE WITHDRAWAL PERCENTAGE: 10% MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $100 MINIMUM AMOUNT REMAINING AFTER A PARTIAL WITHDRAWAL: $2,500 PREMIUM BASED CHARGE AND WITHDRAWAL CHARGE SCHEDULE ACCUMULATED PREMIUM PREMIUM BASED WITHDRAWAL CHARGE AS A PERCENTAGE OF EACH BREAKPOINT CHARGE* PREMIUM WITHDRAWN OVER 7 YEARS** -------------------- ------------- ----------------------------------------- Less than $50,000 5.00% 6%,5%,5%,4%,3%,2%,1%,0% $50,000-$99,999 4.50% 5.5%,5%,5%,4%,3%,2%,1%,0% $100,000-$249,999 3.50% 4.5%,4%,4%,3%,3%,2%,1%,0% $250,000-$499,999 2.50% 3.5%,3%,3%,2.25%,2%,2%,1%,0% $500,000-$999,999 2.00% 3%,2%,2%,1.5%,1%,1%,1%,0% $1,000,000 and over 1.25% 2.25%,1.5%,1.5%,1%,1%,0.75%,0.50%,0% * A Premium Based Charge applies to each Premium except for Premiums received prior to the first Contract Quarter Anniversary where the sum of Premiums received is treated as a single Premium. The total Premium Based Charge referenced above is deducted quarterly from the Contract Value over a period of 7 years, for a total of 28 quarters, beginning on the first Contract Quarter Anniversary after the Premium is received. See Page 10 under Charges and Deductions for more information regarding the Premium Based Charge. ** The Withdrawal Charge Schedule is based on the number of full years elapsed between Premium contribution and the date of withdrawal as follows: 0, 1, 2, 3, 4, 5, 6, 7+. SEE PAGE 11 FOR WITHDRAWAL PROVISIONS. FS-995 (12/10) CONTRACT DATA PAGE (CONT'D.)
FIXED ACCOUNT OPTIONS. 1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed MINIMUM PARTIAL WITHDRAWAL AMOUNT: $1,000 MAXIMUM PENALTY-FREE WITHDRAWAL PERCENTAGE: 10% MINIMUM SYSTEMATIC WITHDRAWAL AMOUNT: $100 MINIMUM AMOUNT REMAINING AFTER A PARTIAL WITHDRAWAL: $2,500 CONTRACT DATA PAGE (CONT'D.) FS-993-PPS9 (12/10) WITHDRAWAL CHARGE SCHEDULE: Number of Full Years Elapsed Withdrawal Charge as a Between Purchase Payment Contribution Percentage of Withdrawn And Date of Withdrawal Purchase Payment ------------------------------------- ----------------------- 0 9% 1 8% 2 8% 3 7% 4 7% 5 6% 6 5% 7 4% 8 3% 9+ 0% See Page 11 for Withdrawal Provisions.
FIXED ACCOUNT OPTIONS. Fixed Account I: Minimum Guarantee Interest Rate: [3%] Current Interest Rate as of Issue Date [ X%, guaranteed for any Purchase Payments allocated or transferred to Fixed Account I during the calendar month in which this Contract is issued. This rate is guaranteed for 12 months.]
FIXED ACCOUNT OPTIONS. [1 Year Fixed, 6 Month DCA Fixed, 1 Year DCA Fixed, 2 Year DCA Fixed] ¬7 Minimum Partial Withdrawal Amount: $1,000 Maximum Penalty-Free Withdrawal Percentage: 10% Minimum Systematic Withdrawal Amount: $100 Minimum Amount Remaining After a Partial Withdrawal: $2,500 Less than $50,000 5.00% 6%,5%,5%,4%,3%,2%,1%,0% $50,000-$99,999 4.50% 5.5%,5%,5%,4%,3%,2%,1%,0% $100,000-$249,999 3.50% 4.5%,4%,4%,3%,3%,2%,1%,0% $250,000-$499,999 2.50% 3.5%,3%,3%,2.25%,2%,2%,1%,0% $500,000-$999,999 2.00% 3%,2%,2%,1.5%,1%,1%,1%,0% $1,000,000 and over 1.25% 2.25%,1.5%,1.5%,1%,1%,0.75%,0.50%,0% * A Premium Based Charge applies to each Premium except for Premiums received prior to the first Contract Quarter Anniversary where the sum of Premiums received is treated as a single Premium. The total Premium Based Charge referenced above is deducted quarterly from the Contract Value over a period of 7 years, for a total of 28 quarters, beginning on the first Contract Quarter Anniversary after the Premium is received. See Page 10 under Charges and Deductions for more information regarding the Premium Based Charge. ** The Withdrawal Charge Schedule is based on the number of full years elapsed between Premium contribution and the date of withdrawal as follows: 0, 1, 2, 3, 4, 5, 6, 7+. FS-995 (12/10) 3 Minimum Transfer Amount: $100 Separate Account Charge (including guaranteed death benefit risk charge of 0.10%): 0.95% Annual Contract Maintenance Fee: $50 Transfer Fee: $25 Earliest Annuity Date After the Contract Date: 13 months Latest Annuity Date: 1st day of the month following Age 95 Separate Account: FS Variable Separate Account ¬8 FS-995 (12/10) 4