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Equitable Adds Protection Features To Its Tax-Deferred Variable Annuity
NEW YORK (BUSINESS WIRE) Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc., today announced enhancements to its Investment Edge tax-deferred variable annuity designed to give clients a level of protection against market volatility while preserving their ability to participate in market growth.
The latest version of Investment Edge adds an investment choice with partial downside protection from equity market losses similar to Equitable’s Structured Capital Strategies registered index-linked annuity.
This segment-based investment approach will track a well-known benchmark index of the client’s choosing. Clients can benefit from the potential growth of that index up to a performance cap rate, with protection against the first -10% of potential losses, less the contract fee.