protectionIntroducing... the new Retirement Cornerstone® variable annuity investment options! The Protected Benefit Account now offers ten portfolios, with three new portfolios from leading names in money management.

Asset composition targets are subject to change.

Protected Income for LifeRetirement Cornerstone® is a “multi-stage” annuity that adapts to your clients’ changing needs. While invested in the Protected Benefit Account, your clients can receive guaranteed income for life with a Treasury-tied roll-up rate as high as 8% for an additional fee. Additionally, they can begin legacy planning for their loved ones.

That’s not all. In fixed income, the AXA/Doubleline Opportunistic Core Plus Bond Portfolio has been added to the Investment Account.

AXA/Goldman Sachs Strategic Allocation Portfolio

AXA/Invesco Strategic Allocation Portfolio

AXA/AB Dynamic Growth Portfolio

1. 5% Annual Roll-Up Rate once distributions begin. For the GMIB Two-Year Lock, the initial rate-hold period is two years. For the GMIB Multi-Year Lock, the initial rate-hold period is the length of the withdrawal charge period. After the initial rate-hold period in both options, your roll-up rate is Treasury-tied, as high as 8%.

Retirement Cornerstone® 15 is issued by AXA Equitable Life Insurance Company (NY, NY) and is co-distributed by affiliates AXA Advisors, LLC and AXA Distributors.

A variable annuity is a long-term product designed for retirement purposes. Variable annuity contracts offer tax-deferred growth potential and may offer optional features such as living and death benefits. 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. Annuity contracts have certain restrictions and limitations. Amounts invested in an annuity’s portfolios are subject to fluctuation in value and market risk, including loss of principal. Distributions taken prior to annuitization are generally considered to come from the gain in the contract first. If the contract is tax-qualified, generally all withdrawals are treated as distributions of gain. Withdrawals of gain are taxed as ordinary income and, if taken prior to age 59 ½, may be subject to an additional 10% federal tax. Variable annuities are subject to market risk, including loss of principal.

The Retirement Cornerstone® variable annuity comprises 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) and the Guaranteed Minimum Death Benefit (GMDB), available for an additional fee. These fees can be increased at the company’s discretion after the first two contract years. These optional riders guarantee income for life regardless of market performance, protection for your clients’ families, and the ability to lock in market gains through annual resets. Transfers from the Protected Benefit Account to the Investment Account are not allowed.

Guarantees are based on the claims-paying ability of AXA Equitable Life Insurance Company.

The “benefit base” is used to generate a minimum income or withdrawal amount or a death benefit amount and is not a cash value. It is equal to the initial contribution and increases annually at a specified rate, which is called a roll-up rate.

The GMIB option has specific age requirements and percentage withdrawal limits that must be complied with to elect the benefit and to avoid reducing the benefit. Early or excess withdrawals will have an adverse effect on income and death benefit guarantees. When GMIB is elected, your client is required to participate in the Asset Transfer Program. This program helps us manage guaranteed benefits by using mathematical formulas to automatically transfer a percentage of the account value from the investment option your clients selected to the AXA Ultra Conservative Strategy asset allocation portfolio, which has a target investment mix of 90% bond and 10% equity. Note that while invested in this fund, it is possible your clients will miss a market increase.

Clients must be a certain age to be eligible for the GMIB. The GMIB must be elected. Clients should be aware that their retirement income is not protected until they begin paying for the rider. They can fund a GMIB by making a contribution or transfer to the Protected Benefit Account.

With Retirement Cornerstone®, AXA Equitable may discontinue accepting contributions to, and transfers among, investment options or make other changes in contribution and transfer requirements and limitations. In Retirement Cornerstone®, the Guaranteed Minimum Income Benefit (GMIB) option has specific age requirements and percentage withdrawal limits that must be complied with to elect the benefit and to avoid reducing the benefit. The GMIBs can only be elected at issue. When a GMIB is elected, the client is required to participate in the Asset Transfer Program.

Your clients should carefully consider the investment objectives and the charges, risks and expenses of the variable annuities offered by AXA Equitable, as stipulated in the prospectus, before investing. For a prospectus containing this and other information, please call our Sales Desk at 1-888-517-9900. Your clients should read the prospectus carefully before investing or sending money.

Contract form #s: ICC12BASE4 and ICC12BASE3 and any state variations

“AXA” is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), AXA Advisors, LLC, and AXA Distributors, LLC. AXA S.A. is a French holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC. The obligations of AXA Equitable Life Insurance Company are backed solely by their claims-paying ability.

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