Structured Capital Strategies® Plus
Equitable believes that education is a key step toward addressing your financial goals, and we've designed this material to serve simply as an informational and educational resource. Accordingly, the information in this content does not offer or constitute investment advice and makes no direct or indirect recommendation of any particular product or of the appropriateness of any particular investment-related option. Your needs, goals and circumstances are unique, and they require the individualized attention of your financial professional.
Structured Capital Strategies®PLUS is a variable and index-linked deferred annuity contract. Equitable Financial Life Insurance Company, upon advance notice to the investor, may discontinue, suspend or change contributions and transfers into investment options or make other changes in contribution and transfer requirements and limitations. Equitable Financial Life Insurance Company, upon advance notice to the investor, reserves the right to discontinue, suspend or change Segment offerings. Certain types of contracts and features will not be available in all jurisdictions. Check with your Financial Professional to see if Structured Capital Strategies® PLUS is available in your state.
This application does not cover all material provisions of the Structured Capital Strategies® PLUS contract. This application must be preceded or accompanied by a current Structured Capital Strategies® PLUS prospectus, which contains detailed information about the Structured Capital Strategies® PLUS contract, including risks, charges, expenses, investment objectives, limitations and restrictions. You should carefully read the prospectus before purchasing a contract. You can access the prospectus by tapping on the Prospectus tab in the navigation bar at the bottom of the screen. If you are purchasing an annuity contract as an Individual Retirement Account (IRA), you should be aware that such annuities do not provide tax-deferral benefits beyond those already provided by the Internal Revenue Code. Before purchasing one of these annuities, you should consider whether its features and benefits beyond tax deferral meet your needs and goals. You may also want to consider the relative features, benefits and costs of these annuities with any other investment that you may use in connection with your retirement plan or arrangement.
Equitable Financial Life Insurance Company may at any time exercise its rights to discontinue, suspend or change acceptance of contributions/transfers, as well as change minimum and maximum contribution requirements and limitations. Please see the prospectus and supplemental materials for details. Certain features and benefits described herein may not be available in all jurisdictions. In addition, some distributors may eliminate and/or limit the availability of certain features or options, based on annuitant issue age or other criteria.
S&P 500® Price Return Index — Includes 500 leading companies in leading industries of the U.S. economy, capturing approximately 80% coverage of U.S. equities. The S&P 500® Price Return Index does not include dividends declared by any of the companies included in this Index. Larger, more established companies may not be able to attain potentially higher growth rates of smaller companies, especially during extended periods of economic expansion. S&P®, Standard & Poor’s®, S&P 500® and Standard & Poor’s 500® are trademarks of Standard & Poor’s Financial Services LLC (“Standard & Poor’s”) and have been licensed for use by Equitable Financial Life Insurance Company. Structured Capital Strategies® PLUS is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s does not make any representation regarding the advisability of investing in Structured Capital Strategies® PLUS.
Russell 2000® Price Return Index — Measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000® Price Return Index is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership. The Russell 2000® Price Return Index does not include dividends declared by any of the companies included in this Index. Stocks of small and mid-size companies have less liquidity than those of larger companies and are subject to greater price volatility than the overall stock market. Smaller company stocks involve a greater risk than is customarily associated with more established companies. The Russell 2000® Index is a trademark of Russell Investments and has been licensed for use by Equitable Financial Life Insurance Company. The Product is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the Product.
iShares® MSCI EAFE ETF (not available in all jurisdictions)—Seeks the investment results that correspond generally to the performance of the MSCI EAFE Index. The index is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. The investment performance of the iShares® MSCI EAFE ETF Segment is based only on the closing share price of the Index Fund and the Segment does not include dividends declared by the Index Fund. The MSCI EAFE ETF Segment includes international securities that carry additional risks, including currency exchange fluctuation and different government regulations, economic conditions and accounting standards. The Product referred to herein is not sponsored, endorsed, or promoted by MSCI.
The Structured Capital Strategies® PLUS Return of Premium Death Benefit rider is offered to ages between 0 and 75, with the maximum contribution age set at 75. You cannot terminate the Return of Premium Death Benefit once you elect it. The Return of Premium Death Benefit fee is equal to an annual rate of 0.20% for all segments for Structured Capital Strategies® PLUS and Variable Investment Options. The rider charges are reflected in the Segment Interim Value. The fee is deducted from Structured Investment Option based on the segment investment amount. The death of the reference life on a contract determines when the Return of Premium Death Benefit is payable. The reference life for the Return of Premium Death Benefit is the original owner(s) (or annuitant, if applicable). The reference life will be set for the life of the contract at issue. For joint owner contracts, both spouses are reference lives, and the Return of Premium Death Benefit is payable upon the death of the second spouse. After the death of the first spouse, the remaining reference life is the surviving spouse.
Not all types of contracts, features and benefits are available in all jurisdictions and all markets. We offer other variable annuity contracts with different fees, charges and features. Not every contract is available through the same selling broker/dealer. You can contact us at (212) 554-1234 to find out the availability of other contracts.
Structured Capital Strategies® PLUS (February 2020 Version) is a registered service mark of Equitable Financial Life Insurance Company, 1290 Avenue of the Americas, New York, NY 10104. Structured Capital Strategies® PLUS is issued by Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY). Co-distributors: Equitable Distributors, LLC and Equitable Advisors, LLC (Equitable Financial Advisors in MI & TN) (member FINRA, SIPC). The obligations of Equitable Financial Life Insurance Company are backed solely by their own claims-paying abilities. Visit our website at equitable.com. You can contact us at (212) 554-1234 to find out the availability of other contracts.
Contract form #s: 2017SCSBASE-I-PL-[A/B], and any state variations.
Variable Annuities: º Are Not a Deposit of Any Bank º Are Not FDIC Insured º Are Not Insured by Any Federal Government Agency º Are Not Guaranteed by Any Bank or Savings Association º May Go Down in Value
Equitable is the brand name of Equitable Holdings, Inc. and its family of companies, including Equitable Financial Life Insurance Company; Equitable Advisors, LLC (Equitable Financial Advisors in MI & TN); and Equitable Distributors, LLC.
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