Payout Annuities

Payout Annuities


Payout Annuities

A payout annuity can be used as a guaranteed income. It can be used for short or long-term income needs. It can also cover fixed expenses in retirement or give guaranteed income that is not affected by interest rates or market fluctuations. Payout annuities can also be used for converting registered savings to income.


Notable Features

  • Registered, non-registered, pension and locked-in monies
  • Indexed payments
  • Prescribed and non-prescribed tax treatment (non-registered annuities)
  • Guarantee periods
  • Potential for creditor protection
  • Flexibility


Payout Annuity Options

There are lots of payout annuity options available. Each gives the opportunity to build a retirement income solution based on personalized financial goals. 
  • Life Annuity
  • Annuity Certain (non-registered only)
  • Annuity Certain to age 90
  • Joint and Survivor
  • Joint and Survivor (with reducing payments)

If you would like to order paper copies, click here for the Savings and Retirement Supply Order Form.

 
This table includes downloadable marketing materials saved in PDF format. Each row is a different product and may contain versions of the brochure in alternate languages.
Form Number Cover Marketing Material Name Available Languages Product
0455 Download cover image for file Annuity Settlement Option Annuity Settlement Option File
Available in PDF only (fillable/savable)
FR
0355 Download cover image for file Payout Annuity Application Payout Annuity Application File
(fillable/savable)
FR
0687 Download cover image for file Payout Annuity Quote Template (2014/03/06) Payout Annuity Quote Template (2014/03/06) File
Available in PDF only (fillable/savable)
FR

If you would like to order paper copies, click here for the Savings and Retirement Supply Order Form.

 
This table includes downloadable marketing materials saved in PDF format. Each row is a different product and may contain versions of the brochure in alternate languages.
Form Number Cover Marketing Material Name Available Languages Product
1244 Download cover image for file Payout Annuities Client Brochure Payout Annuities Client Brochure File
Equitable Life Payout Annuities offer a simple, yet effective solution that will work to meet your individual needs.
FR
1369 Download cover image for file Payout Annuities Product at a Glance Payout Annuities Product at a Glance File
A Payout Annuity is a lump sum investment that provides guaranteed income.
FR
1947 Download cover image for file Payout Annuity Interest Rate Guarantees (Advisor) Payout Annuity Interest Rate Guarantees (Advisor) File
When you request a rate guarantee, you are guaranteeing the interest rate, not the dollar amount of the annuity payment. (Available in PDF only)
FR
1507 Download cover image for file Payout Annuity Rate Guarantees Payout Annuity Rate Guarantees File
A rate guarantee locks in the interest rate that will be used to calculate the income payment. (Available in PDF only)
FR
1511 Download cover image for file Prescribed Annuities: Tax-Efficient Retirement Income Prescribed Annuities: Tax-Efficient Retirement Income File
Prescribed Annuities: Tax-Efficient Retirement Income
FR

If you would like to order paper copies, click here for the Savings and Retirement Supply Order Form.

 
This table includes downloadable marketing materials saved in PDF format. Each row is a different product and may contain versions of the brochure in alternate languages.
Form Number Cover Marketing Material Name Available Languages Product
1638 Download cover image for file Equitable Life's Competitive Advantage Equitable Life's Competitive Advantage File
Advisors are making Equitable Life their first choice for Savings and Retirement products... here’s why
FR
1947 Download cover image for file Payout Annuity Interest Rate Guarantees (Advisor) Payout Annuity Interest Rate Guarantees (Advisor) File
When you request a rate guarantee, you are guaranteeing the interest rate, not the dollar amount of the annuity payment. (Available in PDF only)
FR
1514 Download cover image for file Gradual Inheritance Strategy Gradual Inheritance Strategy File
When electing this option, you are requesting that the death benefit proceeds payable at your death are used to purchase an annuity for your beneficiary(ies).
FR

Can I still produce and use quotes on the Equitable Sales Illustration System?

Equitable Sales Illustration System supports payout annuities and is available for download here. Quotes produced on the Sales Illustration System or Online Annuity Quotation will be accepted along with payout annuity applications.

Later this year, Equitable Life plans to remove payout annuities from the Equitable Life Sales Illustration platform. We encourage you to start to familiarize yourself with the Online Annuity Quote today. If you have any questions, please contact our Advisor Services team.

Are there any differences between the Equitable Sales Illustration System and the Online Annuity Quotation?

Other than the features and functionality listed above, the Equitable Sales Illustration System and the Online Annuity Quotation are similar. Quotes produced on both systems will match.


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