What is a regular withdrawal and how does it work?

A regular withdrawal is an automatic, recurring withdrawal from your Account that occurs either monthly (on the last working day of the month) or quarterly (at the end of January, April, July and October) and is transferred to your bank account. You can choose either a fixed dollar amount which is funded by income received, with any shortfall made up by selling securities held within your investment Account. Alternatively, you can choose a percentage of all income received. The minimum amount for a regular withdrawal is $20.