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LOANS The Group Annuity Contract permits loan withdrawals to Plan Participants, without incurring a Contingent Withdrawal Charge, if otherwise applicable. Your Plan document must authorize Plan loans.

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What is form group annuity contract?

A form group annuity contract is a type of retirement savings plan that is purchased by an employer on behalf of its employees to provide them with a stream of income during retirement.

Who is required to file form group annuity contract?

Employers who offer group annuity contracts to their employees are required to file form group annuity contract with the appropriate regulatory authorities.

How to fill out form group annuity contract?

Form group annuity contract can be filled out by providing details of the employer, the employees covered under the plan, the terms of the annuity contract, and any other relevant information requested on the form.

What is the purpose of form group annuity contract?

The purpose of form group annuity contract is to ensure that employers are complying with regulations related to offering retirement savings plans to their employees and to provide a record of the details of the annuity contract.

What information must be reported on form group annuity contract?

Form group annuity contract must include details such as the name of the employer, the names of the employees covered under the plan, the terms of the annuity contract, and any other relevant information requested on the form.

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