Innovative retirement strategies specially designed for advisory business
1 Structured Capital Strategies PLUS®, Structured Capital Strategies® Income, and Investment Edge® are available to your client with zero explicit contract fees. All costs related to administration, sales and contract are built into the way the performance cap and buffer work, so an explicit fee won’t be charged. Expenses related to administration, sales and certain risks in the contract are factored into the Performance Cap Rate. As long as the money is invested in the Structured Investment Option to take advantage of the buffer against some loss and potential for growth up to the cap, your client will not be charged additional fees. If your client chooses the optional Return of Premium Death Benefit, or invests money in a Variable Investment Option, fees and charges will apply.
2 If clients elect our Structured Investment Option Segments.
Variable 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. 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. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59 1/2. Optional benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity.
If clients are purchasing an annuity contract to fund an IRA or employer-sponsored retirement plan, they should understand that such annuities do not provide tax deferral benefits beyond those already provided by the Internal Revenue Code.
Clients should carefully consider their investment objectives and the charges, risks and expenses, as stipulated in the prospectus, before investing. For a prospectus containing this and other information, a financial professional can call the Sales Desk at (888) 517-9900. Please have clients read it carefully before investing or sending money.
Equitable Financial Life Insurance Company and its affiliates do not provide tax or legal advice or services. Clients should consult with their own professional tax and legal advisors regarding their particular circumstances.
Structured Capital Strategies®, Structured Capital Strategies® Income, and Investment Edge® variable annuities are issued by Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY). Co-distributors: Equitable Distributors, LLC and Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN). The obligations of Equitable Financial Life Insurance Company are backed solely by its claims-paying ability.