Your EQUI-VEST® withdrawal options
Your EQUI-VEST® annuity was designed to provide for your retirement income, but we know sometimes you may need to access these funds sooner. There are plan and IRS rules that may impact your ability to withdraw funds from your account and we want to help you understand what your options are.
Answer a few simple questions to help you get started.
What type of product do you own?
Individual retirement product
Example: an IRA or annuity
Workplace retirement plan
Example: 403(b), 401(k) or 457(b)
Withdrawals are subject to normal income tax treatment and if made prior to age 59 ½ may be subject to an additional 10% federal income tax penalty.
This retirement plan withdrawal decision tree is not intended to provide investment, legal or tax advice. Please seek assistance with an attorney and/or legal advisor based on your individual circumstances. Accordingly, any tax information provided in this document is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. The tax information was written to support the promotion or marketing of the transaction(s) or matter(s) addressed and you should seek advice based on your particular circumstances from an independent tax advisor.
Please refer to your EQUI-VEST® prospectus, which describes charges, risks, expenses and investment objectives, or contact your financial professional or the company for another copy at no cost or obligation. You should read the prospectus and consider this information carefully before you withdraw, invest further or send money.
EQUI-VEST® is issued by Equitable Financial Life Insurance Company (NY, NY) and is distributed by Equitable Advisors, LLC.
Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (NY, NY); Equitable Financial Life Insurance Company of America, an AZ stock company with main administrative headquarters in Jersey City, NJ; 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 and Equitable America are backed solely by their claims-paying abilities.
