Access to Funds There are times when you may need to access your funds during the surrender-charge period. We have created withdrawal options without a surrender charge or market value adjustment to help in certain situations. There may be a 10 percent early-withdrawal IRS penalty for surrenders that occur before age 59½. Please consult a tax professional for guidance. 30-Day Window During the frst 30 days of each subsequent surrender-charge period, you can withdraw some or all of your funds without a surrender charge. Payments of Interest Earnings After 30 days, you can withdraw your interest earned without a surrender charge. Payments may be scheduled monthly, quarterly, semi-annually or annually. Required Minimum Distributions You can schedule surrender-charge-free annuity payments that meet IRS-required minimum distributions for tax- qualifed plans. Terminal Conditions 6 After the frst year, you can withdraw funds without a surrender charge if you are diagnosed with a terminal condition with a life expectancy of 12 months of less. Nursing Home Residency 6 After the frst year, you can withdraw funds without a surrender charge if you are a resident in a nursing home for 30 or more consecutive days. Death Benefts Death beneft payments are available without a surrender charge. After the death of an annuitant, the owner may elect a withdrawal within 180 days of the death and surrender charges will be waived. Annuitization Annuitization is the process of changing from accumulating savings to generating a guaranteed income stream. You may convert your deferred annuity to a payment stream with The Standard at any time without a surrender charge. You must choose either a lifetime income payment option or a certain period of at least fve years.
6. Applies after the frst contract year.
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