Variable Annuities - AXA Equitable |
Variable Annuities Can Help Provide Retirement Income
For anyone concerned about outliving their retirement investments, variable annuities were designed to provide retirement income while also providing opportunity for market appreciation through a variety of investment options. As opposed to fixed annuities, with defined growth in principal and interest, variable annuities offer the potential for greater growth but at the same time carry more risk. Combined with other investment products, variable annuities can be an effective way to protect against the risk of outliving retirement savings.
Annuities are long-term financial products designed for retirement purposes. In essence, annuities are contractual agreements in which payment(s) are made to an insurance company, which agrees to pay out an income or a lump sum amount at a later date. There are contract limitations and 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 charges for optional benefits.
Learn more about variable annuities
AXA Equitable – A Leader In Innovative Variable Annuities
AXA Equitable offers two new variable annuities that can help you with your retirement income.
Retirement Cornerstone® is an innovative variable annuity product that features two investment accounts within a single tax-deferred investing platform, offering an opportunity to help you with your retirement income goals. Within Retirement Cornerstone, the Investment Performance Account invests contributions in investment portfolios that offer upside growth potential, The Protection with Investment Performance Account is designed to help provide retirement income. The Protection with Investment Performance Account is part of a variable annuity and includes an optional feature which is available at an additional cost and is subject to income restrictions and age limitations. For more complete product information, click here.
Structured Capital StrategiesSM is another new variable annuity product that offers you the opportunity to get back into equities with upside market potential, up to a cap, while protecting against some down-market risk. The Structured Investment Option allows you to choose which index you want your investment to track, the length of your Segment with a choice of 1, 3 or 5 year durations, and the Segment Buffer that can provide you with –10, -20 or –30 percent downside protection. The cap may limit your potential in up markets. While you are protected from some downside risk, if the negative return is in excess of the protection offered by this product, there is a risk of a substantial loss of your principal. Segment types with greater protection tend to have lower performance cap rates than other segment types that use the same index and duration but provide less protection. For more complete product information, click here.
Additional Variable And Fixed Annuities Available From AXA Equitable
AXA Equitable offers a variety of other annuity products that include:
- The Accumulator Series® -- variable deferred annuities that can provide lifetime payout options. Accumulator products also offer investment options that can fit a personal investing style and risk tolerance, as well as income protection for an additional fee that provides a minimum level of guaranteed income should the market decline. Guarantees are based on the claims paying ability of the issuing insurance company. For more complete product information, click here.
- The EQUI-VEST® Series – variable annuities for individuals and employer-sponsored plans that offer cost-effective variable deferred annuity products with a number of payout options.
- Fixed annuities that offer defined growth of principal and interest, with taxes deferred until qualified withdrawals are made.
This article highlights only some of the features and benefits of some of AXA Equitable products. For cost and complete details, please contact your financial professional.
Withdrawals from annuities are subject to normal income tax treatment and if taken prior to age 591/2 may be subject to an additional 10% federal income tax penalty. Withdrawals may also be subject to a contractual withdrawal charge.
Variable annuity subaccounts fluctuate with changes in market conditions. When surrendered, the principal may be worth more or less than the original amount invested. The guarantees available with variable annuities do not apply to the investment portfolios.
Please consider the charges, risks, expenses, and investment objectives carefully before purchasing a variable annuity. For a prospectus containing this and other information, please contact a financial professional. Read it carefully before you invest or send money.
AXA Equitable may discontinue contributions and transfers among investment options or make other changes in contribution and transfer requirements and limitations.
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.
Annuity products are issued by AXA Equitable Life Insurance Company (NY, NY) (AXA Equitable). Variable annuity products are co-distributed by AXA Distributors, LLC and AXA Advisors, LLC, New York, NY 10104, members FINRA, SIPC. AXA Equitable, AXA Distributors and AXA Advisors are affiliated companies and do not provide tax or legal advice.
Retirement Cornerstone® is a service mark of AXA Equitable Life Insurance Company. Contract form #s: 2010BASE-A/B, 2010BASE-I-A/B, 2010BASE-I-A(WA) and any state variations.
Structured Capital StrategiesSM is a service mark of AXA Equitable Life Insurance Company. Contract form #s: 2010PCSBASE-I-A/B and 2010PCSBASE-A/B and any state variations.
Accumulator® is a registered service mark of AXA Equitable Life Insurance Company. Contract form numbers: 2006BASE-A/B, 2006BASE-I-A/Bm 2007BASE-I-A(OR)(rev 2/09) and any state variations.
EQUI-VEST® is a registered service mark of AXA Equitable Life Insurance Company. EQUI-VEST Contract form #s: 2006BASE-I-A/B, 2006BASE-A/B, 2008EQV201, 2008EQVBASE201-A, and any state variations.
Variable Annuity: · Is Not a Deposit of Any Bank · Is Not FDIC Insured · Is Not Insured by Any Federal Government Agency · Is Not Guaranteed by Any Bank of Savings Association · May Go Down in Value.
GE 60483 (6/11)
