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AXA Equitable Life Insurance Company recently introduced the Structured Investment Option (SIO) for its EQUI-VEST series of variable deferred annuities available to employer-sponsored retirement plans.

The SIO offers plan participants the growth potential of the equity markets tied to the S&P 500 up to a cap, with downside protection against market losses. AXA Equitable is the first company in the industry to offer this type of investment option in a variable annuity product used to fund 403(b) and 457(b) retirement savings plans.

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