What is equivest?
EQUI-VEST ® is a variable deferred annuity that can be used to fund a tax-deferred retirement plan. Annuities used to fund these plans do not offer any extra tax benefits.
What is AXA equivest?
EQUI-VEST® is a deferred annuity contract issued by AXA Equitable. This product is marketed as a solution to help supplement your retirement income needs. Its benefits include providing for the accumulation of retirement savings via tax-deferred growth.
Is equitable a good company 403b?
Educators make Equitable the #1 choice for 403(b) plans Since 1859, Equitable has helped people build and secure their financial futures. Our 403(b) plan is designed to meet the unique needs of educators and non-profit employees across the country.
What fees does AXA charge?
Fees Under Equitable Advisors
|Asset Management Program Fees Through Equitable Advisors|
|Program||Minimum Fee||Maximum Fee|
|LPL Manager Select||0.50%||2.265%|
|LPL Model Wealth Portfolios (MWP)||0.50%||2.00%|
|LPL Personal Wealth Portfolios (PWP)||0.50%||2.31%|
What is equivest 403b?
EQUI-VEST ® is a variable deferred annuity designed for retirement purposes. There are contract limitations, fees and charges associated with variable deferred annuities, which include, but are not limited to, mortality and expense risk charges, withdrawal charges and administrative fees.
Can you withdraw money from Equitable?
How much can you withdraw? Generally, you can’t withdraw more than the total amount you’ve contributed to the plan, minus the amount of any previous hardship withdrawals you’ve made. In some cases, though, you may be able to withdraw the earnings on contributions you’ve made.
Is Equitable a pyramid scheme?
Equitable Advisors – This is a true pyramid scheme.
How does 403b plan work?
A traditional 403(b) plan allows the employee to have pretax money automatically deducted from each paycheck and paid into a personal retirement account. The employee has put away some money for the future and at the same time reduced his or her gross income (and income taxes owed for the year).
When I quit my job can I cash out my 401k?
You can cash out your 401(k), but that may incur an early withdrawal penalty, and you will have to pay taxes on the full amount.
What is equi-vest series 201?
EQUI-VEST Series 201 allows participants to select from a diversified group of more than 100 investment options that provide competitive current interest rates and guarantee safety of principal.
What is the AXA equi-vest® 201 series for 403 (b) plan?
The AXA EQUI-VEST® 201 series for 403 (b) plan is a deferred annuity contract that is designed for school district employees. *Standard and Poor’s Rating Service provides ratings which measure the claims-paying ability of an insurer.
Is equi-vest® a variable deferred annuity?
2 The Personal Income Benefit sm is offered in EQUI-VEST ® series 201, and, subject to employer approval in EQUI-VEST ® Strategies sm 900 and 901. 3 EQUI-VEST ® is a variable deferred annuity that can be used to fund a tax-deferred retirement plan.
What is EQ3 equi-vest®?
3 EQUI-VEST ® is a variable deferred annuity that can be used to fund a tax-deferred retirement plan. Annuities used to fund these plans do not offer any extra tax benefits. If you are buying an EQUI-VEST ® variable deferred annuity to fund a plan, you should do so for its features and benefits other than tax deferral.