Axa Variable Annuity
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Axa variable annuity. Equitable Annuities formerly known as AXA Equitable Life is a large financial services company that offers variable annuities life insurance policies individual retirement accounts IRAs brokerage accounts and advisory accounts. Variable annuities are long-term financial products designed for retirement purposes. AXA has sold 22 billion of SCS in just the past two years3 1 Bloomberg Structured Notes Brief 2012 Review and 2013 Outlook January 3 2013.
It enhances 403 b plan by reaching out to more investment options Guaranteed Interest Option etc and. The AXA Equitable Variable Annuity with the GMIB rider offers you possible lock in a roll-up rate increases if interest rates rise. Sells variable annuities it was 6 in total annuity sales in 2018 and 2 in variable annuity sales as well as insurance policies and investment products.
Present in 54 countries AXAs 153000 employees and distributors are committed to serving our 105 million clients. Get a Free Quote. Separate Account Charges.
Each variable investment option in turn invests in a corre-sponding securities portfolio Portfolio of AXA Premier VIP Trust or the EQ Advisors Trust the Trusts. Get a Free Quote. Variable annuities are subject to market risk including the possible loss of principal invested and they have mortality and expense charges account fees investment management fees administrative fees charges for special contract features and restrictions and limitations.
An employer may subscribe to EQUI-VEST variable annuity to sponsor a 403 b plan bring out the best of it to his employees. This fee comes right out of your account annually for the life of the investment. EQUI-VEST 403 b is a variable deferred annuity issued by AXA Equitable Life Insurance Company New York NY.
Our variable investment options are subaccounts offered through Sepa-rate Account No. Each variable investment option is a subaccount of Separate Account No. After the lock-in period the rate becomes a flexible rate tied to the recent average 10-Year Treasury rates plus 200 and is recalculated each contract year.