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AXA Equitable Helps Americans Prepare for a Long Retirement

New 200% Benefit Base Guarantee Available with Accumulator(R) Variable


NEW YORK, Feb. 25 /PRNewswire-FirstCall/ -- Acknowledging that Americans are living longer than ever in retirement, AXA Equitable Life Insurance Company is offering a new way to help them afford the lifestyle they choose. The newest rider available with the company's top-selling Accumulator(R) variable annuity provides for a minimum 200% benefit base guarantee if no withdrawals are taken during the first 10 years of the contract or until age 70, whichever is later.

This means that a person who makes an initial contribution of $100,000 will have a minimum $200,000 benefit base after the later of the 10th anniversary of the contract or when turning 70 if no withdrawals have been made before that date.

"Because of the uncertainty of the financial markets, it may be difficult for people to predict exactly how much money they'll be able to spend in retirement," said Claude Methot, AXA Equitable's Senior Vice President and Chief Product Officer. "One way for them to guarantee part of their income is to purchase a variable annuity that will allow them to withdraw a certain percentage every year for life."

The Guaranteed Withdrawal Benefit for Life (GWBL) optional rider available with the Accumulator assures that the owner will receive a minimum amount of money every year for life, regardless of the market's performance. The guaranteed withdrawal percentage is determined by the owner's age at the time of the first withdrawal; it can range from 4% to as much as 7% of the benefit base.

Moreover, the owner may see increases in the withdrawal percentage if he or she experiences a ratchet during an age band change. For example, owners who are 45 to 59 years old may withdraw 4% of the benefit base. But, if good performance causes the benefit base to ratchet, owners who are 60 to 75 may withdraw 5% of the benefit base going forward.

AXA Equitable is one of the insurance industry's top-selling variable annuity companies, according to industry data provider VARDS ( As of the third quarter of 2007, VARDS reported that the company's total variable annuity year-to-date sales reached $11.425 billion. It ranked No. 2 with a market share of 8.6%, VARDS said.

About Variable Annuities

A deferred variable annuity, such as the Accumulator(R) variable annuity, is a long-term financial product designed for retirement purposes. In essence, an annuity is a contractual agreement in which payment(s) are made to an insurance company; the insurance company then agrees to pay out an income or a lump sum amount at a later date.

Variable annuity contracts are not insured by the FDIC or any other government agency. They are not deposits or obligations of any bank and are not bank guaranteed. Amounts in an annuity's variable investment portfolios are subject to fluctuation in value and market risk, including loss of principal.

Typically, variable annuities have mortality and expense (M&E) charges, account fees, investment management fees, and administration fees. In addition, annuity policies have exclusions and limitations; early withdrawals may be subject to surrender charges; and, if taken prior to age 59 1/2, a 10% federal income tax penalty may apply.

About Accumulator(R)

Optional living benefit riders including the Guaranteed Withdrawal Benefit for Life (GWBL) are subject to additional charges and to additional conditions and limitations. The benefit base mentioned in this announcement is used to determine GWBL amounts but does not have a cash value.

All guarantees discussed herein are subject to the claims-paying ability of AXA Equitable Life Insurance Company. The guarantees do not apply to the investment portfolios. AXA Equitable has sole responsibility for its annuity and life insurance obligations.

Certain types of contracts, features, and benefits may not be available in all jurisdictions. For costs and complete details of coverage, interested parties should speak to their financial professional / insurance licensed registered representative.

Interested parties should carefully consider the charges, risks, expenses, and investment objectives of the Accumulator before investing. For a prospectus containing this and other information, people may call AXA Advisors at 212-314-4600. People should read it carefully before investing or sending money.

Accumulator variable annuities are issued by AXA Equitable Life Insurance Company, New York, N.Y. 10104. They are co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC. Contract form numbers 2006 BASE-A/B, 2006 BASE-1-A/B, and any state variations.

About AXA Equitable

AXA Equitable Life Insurance Company, which has been in business since 1859, is a leading nation-wide issuer of life insurance and annuity products. The company has over 11,000 employees and sales personnel and approximately 4.8 million policy/contract holders nation-wide as of December 31, 2006.

AXA Equitable's parent company, AXA Financial, Inc., is a member of the global AXA Group, a worldwide leader in financial protection and wealth management. AXA Group's operations are geographically diverse, with major operations in Western Europe, North America, and the Asia/Pacific region.

The AXA ordinary share is listed on the Paris Stock Exchange and trades under the symbol AXA. The AXA American Depositary Share is also listed on the NYSE under the ticker symbol AXA.

AXA Equitable is a sponsor of the Variable Annuities Knowledge Center (, an online resource aimed at helping consumers understand the facts surrounding variable annuities. The Variable Annuities Knowledge Center is operated by a stand-alone non-profit organization and it is overseen by an independent advisory board.

SOURCE AXA Equitable
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