Retirement Cornerstone® variable annuity
An innovative way to protect and
grow retirement income
NEW! Rates your clients will love with flexible growth potential!
With the optional Guaranteed Minimum Income Benefit (GMIB), your clients can lock in an initial 7% deferral and income Roll-Up Rate that applies for the first 7 contract years. At year 8 and beyond, they enjoy flexible Roll-Up Rates tied to the U.S. 10-year Treasury rates + 2%. Roll-Up Rates can be as high as 10% but won’t ever be less than 6%.
Call our Individual Retirement desk for more information:
(888) 517-9900
Retirement planning with flexibility to
fit your clients' lives and legacies
A level of protection against volatile markets and inflation
A strong retirement strategy should consider a variety of challenges, including outliving savings, future inflation rates, market volatility, uncertain interest rates and the impact of taxes. With guaranteed income for life, Retirement Cornerstone® can help clients feel more confident about what lies ahead.
Guide to understanding today’s retirement challenges (LIVIT)
Guaranteed income with opportunities to participate in the market
Efficient investment options and tax strategies let your clients’ retirement income savings grow tax-deferred. Clients are well-positioned to take advantage when interest rates go up, and they can also rely on a guaranteed floor in case they don’t.
Build assets and leave a legacy for loved ones
By setting aside funds through one of the three death benefits, your clients can rest assured their legacy will live on for their loved ones in the ways most important to them. With RMD Wealth Guard, your clients can withdraw the required RMDs without reducing the Death Benefit Base.
Keep income growing during retirement
With the Guaranteed Minimum Income Benefit (GMIB), clients can grow their incomes in retirement through market-based increases, interest rate-based increases and by withdrawing less than their maximum annual amounts so the remainder can continue to compound. With built-in spousal protection, your clients have the flexibility to choose to receive lifetime income for one or two lives when it’s time to start receiving payments.
Retirement Cornerstone® resources for you and your clients
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Client approved tools to get you started
- Our Retirement Cornerstone® overview brochure highlights key information for clients.
- Get all the details about our Retirement Cornerstone® variable annuity with the Series B fact card.
- Learn more about the Guaranteed Minimum Income Benefit (GMIB) and how withdrawal rates and start dates can help preserve retirement income in our investor brochure.
- Clients looking to leave a legacy for loved ones? Explore our RMD Wealth Guard brochure.
- Explore Roll-Up Rates for deferring or taking retirement income withdrawals in our GMIB Roadmap.
Learn about Retirement Cornerstone®
With volatility, inflation and taxes, the risk of losing your retirement savings can be very real. Despite the uncertainty, you can remain confident with the help of our Retirement Cornerstone® Variable Annuity. It gives you a way to earn tax deferred growth with over 100 investment options to choose from. And guaranteed income for both you and your spouse, built in automatically when you’re ready to take income. It can help provide a level of protection against inflation and volatility, during your lifetime and your loved ones down the road.
Retirement Cornerstone® is a flexible variable annuity with multiple ways to grow, protect and provide income through retirement, for life. Your savings will have the opportunity to continue to build, even after you stop working. Whether you’re building your savings or taking income from it, your money works hard for you. You’re well-positioned to take advantage when interest rates go up — but can rely on a guaranteed floor if they don’t. Whenever you’re ready, you can take your income and stay confident knowing you’ve planned for volatility, inflation and taxes.
Talk to your financial professional about Equitable’s Retirement Cornerstone® variable annuity. And learn more in our retirement guide.
Want to learn more about Retirement Cornerstone® or how Equitable can help grow your business?
Contact us: (888) 517-9900 Monday–Friday 8 a.m. – 7 p.m. (ET)
1 Rates are effective March 6, 2023. New business rates are declared periodically and may change as frequently as monthly. The deferral and annual Roll-Up Rates compound annually and are guaranteed to be locked in for the first 7 contract years. After the lock-in period, the rate becomes a flexible rate tied to the recent average 10-year Treasury rates plus 2% and is recalculated each contract year. Both the deferral and annual Roll-Up Rates can be as high as 10% and will never be less than 6%.
2 GMIB Roll-Up Rates are applied to the benefit base during the GMIB Roll-Up Period, which is until the earlier of the twentieth contract anniversary from when the Protected Benefit Account was initially funded and the contract anniversary following the owner’s 95th birthday. The Annual Withdrawal Amount is determined by the Annual Roll-Up Rate formula and is available until the contract anniversary following the owner’s 95th birthday. Excess withdrawals will adversely affect the benefit base.
Important information
Variable annuities are sold by prospectus only, which contains more complete information about the policy, including risks, charges, expenses and investment objectives. You should review the prospectus carefully before sending any money. Contact a financial professional for a copy of the current prospectus.
The Retirement Cornerstone® variable annuity is composed of two separate accounts, each with distinct features that can help your clients address varying goals. The Investment Account enables clients to enhance their accumulation potential on a tax-deferred basis; it offers access to over 100 investment options managed by well-known money managers and the flexibility to transfer among investment options. When the time is right to protect these retirement assets, your clients can utilize the Protected Benefit Account, which funds the Guaranteed Minimum Income Benefit (GMIB) as applicable for an additional fee. The GMIB contains certain restrictions and limitations. There are also Guaranteed Minimum Death Benefits (GMDB) available, some of which have an additional fee.
A variable annuity is a long-term financial product 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 fees and charges associated with a variable annuity contract, which include, but are not limited to, operations charges, sales and withdrawal charges, administrative fees, and additional charges for optional benefits. Withdrawals are subject to ordinary income tax treatment and, if taken prior to age 59½, may be subject to an additional 10% federal income tax penalty. Variable annuities are subject to investment risks, including the possible loss of principal invested.
Guarantees are based on the claims-paying ability of the issuing life insurance company.
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.
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. Variable annuities are sold by prospectus only, which contains more complete information about the policy, including risks, charges, expenses and investment objectives. You should review the prospectus carefully before sending money. For a current prospectus, click here.
When distributed outside of New York state by Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN) through Equitable Advisors Financial Professionals whose business address is not in New York state or when distributed by Equitable Distributors, LLC through financial professionals of unaffiliated broker/dealers when the solicitation state is not New York, the Retirement Cornerstone® variable annuity is issued by Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company. When offered by Equitable Advisors Financial Professionals whose business address is in New York state or when distributed by Equitable Distributors, LLC through financial professionals of unaffiliated broker/dealers when the solicitation state is New York, Retirement Cornerstone® is issued by Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY). The obligations of Equitable America and Equitable Financial are backed solely by their own claims-paying abilities.
Equitable Financial Life Insurance Company, Equitable Financial Life Insurance Company of America and their 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.
Equitable refers broadly to Equitable Financial Life Insurance Company (NY, NY) and to Equitable Financial Life Insurance of America, an AZ stock company, issuers of variable annuity products depending on the particular contract and its distributor.
Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY); Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company; and Equitable Distributors, LLC. Equitable Advisors is the brand name of Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN). The obligations of Equitable Financial Life Insurance Company and Equitable Financial Life Insurance Company of America are backed solely by their own claims-paying abilities.
