AXA Equitable introduces a structured investment option

AXA Equitable Life Insurance Company has introduced a structured investment option for its EQUI-VEST® series of variable deferred annuities available to employer-sponsored retirement savings plans.

The SIO offers plan participants the growth potential of the equity markets tied to the S&P 500 Price Return Index up to a cap, with some downside protection against market losses.

Plan participants can invest in one or more investment segments with the SIO. Each segment provides a rate of return tied to the performance of the S&P 500 Price Return Index. Participants can invest in segments through payroll contributions, transfers of amounts they have in other EQUI-VEST investment options and rollovers and direct transfer contributions to their EQUI-VEST accounts. Participants can also choose to allocate 100% of their account value to the SIO.

For reprint and licensing requests for this article, click here.
Retirement benefits
MORE FROM EMPLOYEE BENEFIT NEWS