Owners 401(k)

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.

Momentum Solutions^SM is a group variable deferred annuity, which is a long-term financial product designed for retirement purposes. Subject to the terms of the Employer’s plan and the Code, in exchange for contributions made on the participant’s behalf to the contract, AXA Equitable will provide the annuity benefit options available under the contract, including lump sum or partial withdrawals or a fixed or variable annuity distribution option.

Withdrawals are subject to normal income tax treatment. In addition, early withdrawals may be subject to surrender charges and, if taken prior to age 59½, a 10% federal income tax penalty.

Because you are purchasing an annuity contract to fund a qualified employer-sponsored retirement arrangement, you should be aware that such annuities do not provide additional tax deferral beyond that already provided by the Internal Revenue Code. Before contributing, you should consider whether the Momentum Solutions^SM group annuity features and benefits beyond tax deferral meet your needs and goals. You may also want to consider the relative features, benefits and costs of this annuity with any other investment that you may have in connection with your retirement plan or arrangement.

Variable annuity products are issued by AXA Equitable Life Insurance Company (NY, NY) and distributed through AXA Advisors, LLC, member SIPC. AXA Equitable and AXA Advisors are affiliated companies and do not provide tax or legal advice.

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

Momentum Solutions^SM is a service mark of AXA Equitable Life Insurance Company.

Contract form #1048-94-GC or state variation thereof

GE-43353 (3/08)

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.

Choice

Our variable investment option platform is designed to help meet the needs of a wide variety of investors, while being responsive to an ever-changing market environment. We offer a carefully selected menu of investment options that meets the needs of diversification-minded investors, while accommodating individual preferences and risk appetites.

Simplicity

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 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.

 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 43448 (3/08)