Accumulator Elite '04 New York Series

Status: Terminated
Group: Equitable
Company: Equitable Financial Life Insurance Company
Product Type: Variable Annuity
Product Status: Approved
Version: 0
Inception Date: February 23, 2004
Closed Date: February 13, 2009
Last Modified: May 30, 2024 07:42
Description: For a limited time, Issuer offering to increase the contract value in return for terminating GWBL and GMDB elected. Owner may choose to remain invested in the contract, or may - 1) terminate the contract and receive the increased account value; 2) transfer a portion of account value to another investment product; 3) exchange the contract for another annuity contract issued by an insurance company; 4) exchange the contract for a Structured Capital Strategies Series C, Series ADV variable and index-linked deferred annuity contract, Investment Edge Select or Series ADV variable annuity contract.
Fee Based: No
Free Look: No
Plan Types: IRA Rollover, 403 (b), Non-Qualified, Roth IRA, IRA
Premium Types: Flexible
States Available: AL, AK, AS, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, WY
States Exception:
Version Note:

Change in underlying fund options - Merger.; Changes in underlying fund options - New Addition.; This supplement does not bring any material changes to the recent contract data profile.; Changes in underlying fund options - Additions & Closure.; Change in contract attribute.; This supplement doesn't bring any important change to the most recent contract data profile.; Change in underlying fund options - New Addition.; Change in underlying fund options - New Addition.; Change in underlying fund options - Name Change.; This supplement doesn't bring any important change to the most recent contract data profile.; This supplement doesn't bring any important change to the most recent contract data profile.; This supplement doesn't bring any important change to the most recent contract data profile.; This supplement doesn't bring any important change to the most recent contract data profile.; This supplement doesn't bring any important change to the most recent contract data profile.; This supplement doesn't bring any important change to the most recent contract data profile.; This supplement doesn't bring any important change to the most recent contract data profile.
Scrap Book:

NGMWB changes.

Death benefits

Name Internal name Sequence Inception date
Basic Death Benefit Basic Death Benefit 1
Annual Ratchet to Age 85 Enhanced Death Benefit Annual Ratchet to Age 85 Enhanced Death Benefit 2
Guaranteed Withdrawal Benefit for Life - Standard Death Benefit Guaranteed Withdrawal Benefit for Life - Standard Death Benefit 3
Guaranteed Withdrawal Benefit for Life - Annual Ratchet to Age 85 Enhanced Death Benefit Guaranteed Withdrawal Benefit for Life - Annual Ratchet to Age 85 Enhanced Death Benefit 4

Riders

Name Rider type Internal name Sequence Inception date
Guaranteed Minimum Income Benefit GMIB Guaranteed Minimum Income Benefit
Guaranteed Principal Benefit GMAB Guaranteed Principal Benefit
Guaranteed Withdrawal Benefit for Life GLWB Guaranteed Withdrawal Benefit for Life
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