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The Accumulator^® Series

Build Long-Term Wealth

Guarantee your Future Income Today

Protect your Family Along the Way

Download Prospectuses, Supplements and Fact Cards

This page highlights some of the features and benefits of this product. For more complete details, please download the full prospectus or product fact card, above.

Key Features
Investment Options
Series Features
Next Steps

The Accumulator^® Series	A suite of variable deferred annuities – long-term retirement products that, in the most basic terms, are contracts between you and an insurance company to accumulate funds and then to provide lifetime payments. There are fees and charges associated with annuities, which include, but are not limited to, mortality and expense risk charges, sales and surrender charges, administrative fees, and additional charges for optional benefits. Guarantees described here are based on the claims-paying ability of AXA Equitable Life Insurance Company. Accumulator^® Series products offer: Lifetime payout options to help ensure you will not outlive your retirement Investment options that fit a personal investing style and tolerance for risk and allow the pursuit of long-term growth. Death benefit protection that guarantees your beneficiaries will receive a payment at least equal to the total contributions made to your contract and enhanced death benefits that lock in market gains: all adjusted for withdrawals (enhanced death benefits are available as an option feature, at an additional fee) Income protection that provides a minimum level of guaranteed lifetime income should the market decline (available as an optional feature, at an additional fee) Access to your money when you need it most¹
4.5% Guaranteed Minimum Income Benefit (GMIB) Available at contract issue or later (subject to restrictions)	This optional benefit offers a guaranteed minimum level of lifetime payments. There is an option of choosing: GMIB I, which allows you to choose from 5 AXA Strategic Asset Allocation Portfolios, or GMIB II, which provides the option of Custom Selection, an investment strategy that allows investing across four asset categories. (See Investment Options below.) The guarantee can grow in all markets because it is based on two guaranteed values called Benefit Bases. These Benefit Bases (the 4.5% Roll-Up to Age 80 Benefit Base or Annual Ratchet to Age 80 Benefit Base) are used to calculate guaranteed lifetime payments, have no monetary value and are different from the account value. When the GMIB is elected, the Benefit Base will increase 4.5% each year.² If the GMIB is elected when the contract is purchased, the Benefit Base will equal your initial contribution(s). Currently, contributions are only permitted in the first contract year. AXA Equitable, upon advance notice to you, may at any time exercise its rights to discontinue acceptance of contributions, as well as change minimum and maximum contribution requirements and limitations. Additional rules and restrictions may apply to qualified plan markets. Please see the prospectus for details. The GMIB gives you a guaranteed “floor” for future lifetime income no matter how your Accumulator^® investment portfolios perform – and assures that the future income will continue for as long as you live. The GMIB may be exercised within 30 days following the contract date anniversary after a designated waiting period depending on the benefit effective date. The GMIB guarantees growth of the GMIB 4.5% Rollup Benefit Base each year to age 80 (assuming that you do not take withdrawals). The 4.5% Roll-Up Benefit Base of the GMIB can be reset annually to equal the Account Value on each contract anniversary beginning in the second contract year.^3,4 Eligibility for resets end on the contract anniversary following age 80. At age 80, you have options regarding the GMIB: Elect that your GMIB be converted to the Guaranteed Withdrawal Benefit for Life (GWBL) option Exercise the GMIB so it converts the current value of the contract into a series of lifetime payments Request that the GMIB be dropped (with no conversion to the GWBL) If you do nothing, your GMIB will automatically be converted to the GWBL. For more information on the conversion of the GMIB to the GWBL, see the full prospectus above or talk to your financial professional. GMIB I is available for an additional charge of 0.80% of the applicable Benefit Base, annually deducted from the account value on each contract anniversary. GMIB II is available for an additional charge of 1.00% of the applicable Benefit Base. For more information about GMIB I and II, including restrictions on adding and dropping the benefit after issue, please download the prospectus above.
Investment Options	Option A: Asset Allocation Available with GMIB I Allocate 100% of your account value in any or all of the following: AXA Strategic Allocation Series Portfolios (a wide range of single- and multi-manager equity-based portfolios) Guaranteed Interest Option (not available in Washington State) EQ/Money Market⁶ Special Dollar Cost Averaging (DCA) or Special Money Market DCA With Asset Allocation, choose the convenience and ease of being able to create a diversified portfolio with just one choice. Accumulator® offers five asset allocation portfolios: AXA Balanced Strategy AXA Conservative Growth Strategy AXA Conservative Strategy AXA Growth Strategy AXA Moderate Growth Strategy Option B: Custom Selection Available with GMIB II The Custom Selection method allows you to choose from four asset categories within prescribed minimum and maximum levels. Category 1: Fixed Income offers 5 portfolio options in which you can invest a minimum of 30% to a maximum 100% of the account value Category 2: Core Diversified Equity offers 25 portfolio options to invest up to 70% of your account value Category 3: Small/Mid Cap / International offers 15 portfolio options in which you can invest up to 20% of the account value Category 4: Specialty offers 10 portfolio options in which you can invest up to 10% of the account value Please Note: The percentage of your account value invested in categories 1 - 4 must equal 100% of your total initial contribution. You may elect to allocate 100% of your initial contribution to Category 1, and there are maximum allocation restrictions for certain portfolios within Categories 1 - 4.
One-Time and Automatic Asset Rebalancing	Option A: Asset Allocation When you select Asset Allocation, you can opt for a one-time rebalancing if you are interested in reallocating your account value, choosing from the five AXA Strategic Asset Allocation Portfolios. Option B – Custom Allocation Custom Select allows you to maintain your desired asset allocation strategies by automatically rebalancing your investments on a quarterly basis.
Family Protection (Guaranteed Minimum Death Benefit)	The Accumulator^® Series also protects your beneficiaries from declining markets. Should you pass away before your contract is annuitized (GMIB exercised), your beneficiaries will receive at least your original contributions, adjusted for any withdrawals. Depending on market performance and the options you choose, they could receive more.
Earnings Enhancement Benefit (EEB)	This optional feature can provide an amount in addition to the Guaranteed Minimum Death Benefit (GMDB) to your beneficiaries. The additional charge for this benefit is 0.35% of the annuity account value.
Standard Death Benefit	Pays beneficiaries the greater of: Final account value (at the date AXA Equitable receives all required information), or 100% of your Accumulator^® contributions, adjusted for withdrawals Available for owner issue ages as indicated by guidelines of the contract being purchased. Certain broker/dealers may restrict maximum issue ages.
Annual Ratchet Death Benefit Available at contract issue only	Additional protection is available through the optional Annual Ratchet to Owner's Age 80 Death Benefit that guarantees your beneficiaries will receive your initial contribution OR the highest account value on any contract anniversary up to the owner’s age 80, whichever is higher. This death benefit will “ratchet up” to the highest account value on any contract anniversary, to age 80. An optional feature available for an additional fee 0.25% of the Annual Ratchet Death Benefit Base.
"Greater of" 4.5% Roll-Up¹ or Annual Ratchet	"Greater of" 4.5% Roll-Up or Annual Ratchet Death Benefit is available for issue ages 20-75. This optional feature is available for an additional fee of 0.80% of the Applicable Benefit Base with GMIB I and 1.00% with GMIB II. This benefit may only be elected if you have also elected the GMIB I or GMIB II. The combined fee would be 1.60% with GMIB I and 2.00% with GMIB II. Please see the GMIB description above for charges on the GMIB feature. The Roll-Up Benefit Base of both the GMDB and GMIB can be reset annually, after the second contract anniversary date, to equal the Account Value on each contract anniversary.⁷ Eligibility for resets end on the contract date anniversary following age 80. For more information about GMIB combined with "Greater of" Death Benefit, please download the full prospectus above. The “Greater of” Death Benefit is not available in all jurisdictions.
Dollar Cost Averaging (DCA)⁸	Dollar Cost Averaging is designed to help you buy more investment option units when prices are low and fewer when prices are high. This results in a lower average cost per unit. Here’s how it works. Every month, a portion of your initial investment allocated to the DCA account will be moved to the variable investment portfolios you select. (Not available with all Accumulator^® annuities).
Beneficiary Continuation Option Available at contract issue only	This optional benefit will allow your beneficiaries to "stretch" their inherited assets directly to their beneficiaries, to the next generation — or even the next two generations.
Guaranteed Interest Option (GIO)	Guaranteed Interest Option (GIO)⁹ offers an initial guaranteed rate of return and renewal rates that will change monthly.

1 Withdrawals of taxable amounts are subject to ordinary income tax and, if made prior to age 59½, may be subject to an additional 10% federal income tax penalty.

2 The annual Roll-Up Benefit Base of the "Greater of" 4.5% Roll-Up GMDB and 4.5% GMIB compounds at 2% for assets allocated to the GIO and the EQ/Money Market.

3 The charge for the GMIB may increase up to a maximum of 1.10% (GMIB I) or 1.30% (GMIB II) if a reset is elected.

4 Resetting the Roll-Up Benefit Base may affect when you can exercise the GMIB. The last date to exercise the GMIB will never be later than age 80.

5 Amounts in variable investment options are subject to fluctuation in value and market risk, including loss of principal. You will incur higher costs with asset allocation portfolios than if you were to invest directly in the underlying portfolios.

6 An investment in money market portfolio is not insured or guaranteed by the Federal Deposit Insuracne Corporation (FDIC) or any other government agency.

7 The charge for both the "Greater of" Guaranteed Minimum Death Benefit (maximum charges are .95% for GMIB I and 1.15% for GMIB II) and the GMIB may increase (up to the maximum amount specified in a contract) if an Annual Reset occurs. You have the option to decline the Annual Reset. Eligibility for resets ends on the contract date anniversary following age 80.

8 DCA is a periodic investment program that does not guarantee profits or protect against losses in a declining market. It involves continuous investing, regardless of fluctuating price levels and, as a result, you should consider your financial ability to continue to invest during periods of low price levels. See the prospectus for details.

9 No more than 25% of your contributions may be allocated to the GIO in any of the Accumulator® variable annuities. The GIO is not available if you elect Option B – Custom Selection. Please refer to the prospectus for details.
Please see the prospectus for more details.

The Accumulator^® Series variable annuities are offered by prospectus. Please consider the charges, risks, expenses, and investment objectives carefully before investing. For a prospectus containing this and other information, please click here or contact your financial professional. Read the prospectus carefully before you invest or send money.

This is not a complete description of all material provisions of the variable annuity contract.

This contract has limitations. For costs and complete details of coverage, speak to your financial professional/insurance-licensed registered representative. Certain types of contracts, features and benefits may not be available in all jurisdictions. We offer other variable annuity contracts with different fees, charges and features. Not every contract is available through the same selling broker/dealer. You can contact us to find out the availability of other contracts at (212) 554-1234.

Variable annuities are long-term investment products designed for retirement purposes. Variable annuity contract values will fluctuate and are subject to market risk, including the possibility of loss of principal. Variable annuity contracts have limitations. Withdrawals are subject to surrender charges, will reduce the death benefit, living benefit and cash surrender value; and come from any gain in the contract first. For costs and complete details of coverage, contact your financial professional or insurance-licensed representative.

Certain types of contracts, features and benefits may not be available in all jurisdictions.

Neither AXA Equitable nor its agents provide tax and legal advice. You should consult with your attorney and/or tax advisor before investing.

Accumulator^® is a registered service mark and Accumulator^® Select^SM, Accumulator^® Plus^SM, and Accumulator^® Elite^SM are service marks of AXA Equitable Life Insurance Company, New York, NY 10104. Co-distributed by AXA Advisors, LLC and AXA Distributors, LLC. 1290 Avenue of the Americas, New York, NY 10104, (212) 554-1234. AXA Equitable, AXA Advisors and AXA Distributors do not provide legal or tax advice.

Please be advised that this document is not intended as legal or tax advice. Accordingly, any tax information provided in this document is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. The tax information was written to support the promotion or marketing of the transaction(s) or matter(s) addressed and you should seek advice based on your particular circumstances from an independent tax advisor.

Issued by AXA Equitable Life Insurance Company, New York, NY 10104.

Contract form numbers: 2006BASE-A/B, 2006BASE-I-A/Bm 2007BASE-I-A(OR)(rev 2/09) and any state variations

GE-49908 (6/09)

Variable Investment Options

Growth Potential

Our variable investment options offer the opportunity to direct how your annuity contributions or life insurance premium payments are invested among a wide array of stock, bond, international and money market investment options.

This access provides an opportunity for growth of your account value. Please keep in mind that variable investment options are subject to fluctuations in value and market risk, including loss of principal.

Quality

Evaluating investment options has never been easy. And in today’s investment environment, where investors have literally thousands of choices, you need an objective and expert guide.

Through a multiple-step selection process, we systematically narrow the universe of money management firms to identify money managers that are best suited to meet specific investment goals.

Many of our money managers are household names you’re sure to recognize. Others are better known among large institutional investors.

Options

For investors who want a simplified approach to building a diversified portfolio, a series of asset allocation portfolios are available. No matter which series you choose, each portfolio is constructed as a "fund-of-funds," diversified by AXA Equitable’s team of investment specialists. With one simple investment, you gain access to the combined performance of multiple portfolios, depending on the strategy chosen.

The Benefits of AXA Strategic Asset Allocation Portfolios Managed by AXA Equitable

Tailored to Meet Your Goals — you can pursue your individual goals whether based on your personal risk tolerance or time horizon
Convenient — you get a well-diversified investment program in a single portfolio, utilizing multiple money managers, asset classes and investment styles
Professionally Managed — you can access well-established money managers, monitored continuously and replaced when necessary
Automatic Rebalancing — portfolios are rebalanced regularly by trained professionals to keep your investment on track

Please note that AXA Allocation Portfolios entail fees and costs in addition to the fees and costs incurred in the Portfolios' underlying investment earnings.

Custom Selection

You can build your own asset allocation by dividing your account value among
investment portfolios that make up Custom Selection.

Category 1 = Fixed Income
Category 2 = Core Diversified Equity
Category 3= Small/Mid Cap / International
Category 4 = Specialty

Your account is automatically rebalanced quarterly, based on contract year, to maintain your chosen allocation according to your instructions.

Please note that AXA Strategic Asset Allocation Portfolios and Custom Selection Asset Categories entail fees and costs in addition to the fees and costs incurred in the Portfolios' underlying investment earnings.

Performance

As many investors have learned, a portfolio manager can suddenly leave a firm, or deviate from his or her investment style in pursuit of short-term returns. Many times these changes occur without the investors’ knowledge, which could alter the course of a disciplined investment strategy.

That’s why our seasoned team of investment professionals continuously “manages the managers” once they have been selected. This is a dynamic process that holds each money manager accountable and keeps them focused on delivering consistent, long-term results.

Learn More

To learn more about the individual investment options, such as investment strategy, Morningstar rating, top holdings and more, browse our Variable Investment Portfolio Fact Sheets.

You should consider the charges, risks, expenses, and investment objectives carefully before investing. Please click the link at the top of this page to download the product prospectus, which contains this and other information

Variable products are issued by AXA Equitable Life Insurance Company (NY, NY) and are co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC.

GE 49951 (6/09)

The Accumulator Series^® includes distinct features to suit a wide variety of specific needs. For more information on the Accumulator's guarantees of future income and family protection, contact a financial professional.

Accumulator^®	Offers retirement savings with growth potential and enhanced protection features
Accumulator^® Plus^SM	Provides you with an extra credit potential based on the total amount of your initial contribution to your annuity contract
Accumulator^® Select^SM	Offers you immediate, full access to your account value with no withdrawal charges.
Accumulator^® Elite^SM	Provides you with full access to your account value after four years

The Accumulator^® Series of variable annuities are offered by prospectus. Please consider the charges, risks, expenses, and investment objectives carefully before investing. For a prospectus containing this and other information, please click here or contact your financial professional. Read the prospectus carefully before you invest or send money.

This is not a complete description of all material provisions of the variable annuity contract.

Certain types of contracts, features and benefits may not be available in all jurisdictions.

Guarantees described herein are subject to the claims-paying ability of AXA Equitable Life Insurance Company. The guarantees do not apply to the investment portfolios.

Accumulator^® is a registered service mark and Accumulator^® Select^SM, Accumulator^® Plus^SM, and Accumulator^® Elite^SM are service marks of AXA Equitable Life Insurance Company, New York, NY 10104. Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC. 1290 Avenue of the Americas, New York, NY 10104, (212) 554-1234. AXA Equitable, AXA Advisors and AXA Distributors are affiliated companies and do not provide legal or tax advice.

Issued by AXA Equitable Life Insurance Company, New York, NY 10104.

Contract form numbers: 94ICA/B, 94ICIA/B, 95IM, 2002BASEA/B and any state variations.

GE-44601 (6/09)

Professional Guidance Counts

Your financial professional can be an invaluable resource in helping you:

Complete a financial needs analysis
Evaluate the financial strategies available to you, and
Select appropriate financial products designed to help you reach your goals

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The Accumulator® Series