Transcription of Systematic withdrawal program election
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AnnuitiesMPPSWP-PACK (11/17)Page 1 of 12 Fs/f Systematic withdrawal program election This form is used to start or change a Systematic withdrawal program for the Preference Premier variable annuity product. Metropolitan Life Insurance Company Things to know before you begin Distributions prior to age 59 may be subject to tax penalties. Any Systematic withdrawal plan should be reviewed by your tax advisor to determine the impact, if any, of such requirements. The company assumes no liability with regard to the tax treatment of withdrawals or compliance with minimum distribution/early withdrawal requirements imposed by the IRS. The Owner s signature is required in Section 7 of this form.
systematic withdrawal plan should be reviewed by your tax advisor to determine the impact, if any, of such requirements. ... • Systematic withdrawals cannot be coded as transfers. Withdrawal or surrender ... if you transfer assets among the funding options, you may need to adjust your systematic withdrawal allocation accordingly. Funding options.
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