Retirement Gateway® Group Variable Annuity investment options — Portal I Allocation Portfolios Large Cap Growth (Continued) Mid-Cap Growth (Continued) Short-Term Bonds AXA Aggressive Allocation B Franklin DynaTech R Eaton Vance Atlanta Capital SMID-Cap R EQ/PIMCO Ultra Short Bond IB AXA Conservative Allocation B Franklin Growth R Franklin Small-Mid Cap Growth R American Century Short Dur Inf PrBd R AXA Conservative PLUS Allocation B Janus Forty R Janus Enterprise R International Stocks AXA Growth Strategy IB MFS Growth R1 Lord Abbett Growth Opportunities R3 Developed Markets AXA Moderate Allocation B MFS Massachusetts Investors Growth Stock R1 Neuberger Berman Mid Cap Growth R3 EQ/International Core PLUS IB AXA Moderate PLUS Allocation B Neuberger Berman Guardian R3 Oppenheimer Discovery Mid Cap Growth R EQ/International Equity Index IB AXA/Franklin Templeton Allocation Neuberger Berman Socially Responsive R3 Mid-Cap Value ClearBridge International Value R Managed Volatility IB Prudential Jennison 20/20 Focus R AXA Mid Cap Value Managed Volatility IB Federated InterContinental R American Century One Choice 2020 Portfolio R Prudential Jennison Growth R AXA/Mutual Large Cap Equity Invesco International Growth R American Century One Choice 2025 Portfolio R T. Rowe Price Blue Chip Growth R Managed Volatility IB Janus International Equity R American Century One Choice 2030 Portfolio R T. Rowe Price Growth Stock R Multimanager Mid Cap Value IB Janus Overseas R American Century One Choice 2035 Portfolio R Large Cap Value AB Discovery Value R Lord Abbett Intl Dividend Inc R3 American Century One Choice 2040 Portfolio R AXA Large Cap Value Managed Volatility IB BlackRock Mid Cap Value Opportunities R MFS International Diversification R1 American Century One Choice 2045 Portfolio R EQ/Boston Advisors Equity Income IB Invesco American Value R MFS International Growth R1 American Century One Choice 2050 Portfolio R EQ/Invesco Comstock IB MFS Mid Cap Value R1 MFS International New Discovery R1 American Century One Choice 2055 Portfolio R EQ/JPMorgan Value Opportunities IB Perkins Mid Cap Value R Neuberger Berman Intl Large Cap R3 American Century One Choice In Retirement R American Century Value R Mid-Cap Blend Oppenheimer International Diversified R American Century Strategic Inflation Opps R American Funds American Mutual R2 EQ/Mid Cap Index IB Oppenheimer International Growth R American Funds Global Balanced R2 American Funds Washington Mutual Investors R2 Invesco Mid Cap Core Equity R Oppenheimer International Small Co R BlackRock Global Allocation R BlackRock Basic Value R ClearBridge Mid Cap Core R T. Rowe Price International Stock R Columbia Balanced R BlackRock Equity Dividend R Lord Abbett Value Opportunities R3 Templeton Foreign R Franklin Income R Columbia Dividend Income R Small Cap Growth Emerging Markets Invesco Balanced-Risk Allc R Deutsche Large Cap Value R AXA/AB Small Cap Growth IB American Funds New World R2 Invesco Equity and Income R Eaton Vance Large-Cap Value R Alger Small Cap Growth Institutional R Invesco Emerging Markets Equity R Invesco Income Allocation R Federated Clover Value R Deutsche Small Cap Growth R Global Equity Lord Abbett Diversified Income Strategy R3 Franklin Equity Income R Eaton Vance Small-Cap R AXA Global Equity Managed Volatility IB MFS Conservative Allocation R1 Invesco Comstock R Lord Abbett Alpha Strategy R3 AXA International Core Managed Volatility IB MFS Growth Allocation R1 Invesco Diversified Dividend R MFS New Discovery R1 AXA International Value Managed Volatility IB MFS Moderate Allocation R1 Invesco Growth and Income R Small Cap Value AXA/Templeton Global Equity Managed Volatility IB MFS Total Return R1 Lord Abbett Affiliated R3 AXA/Franklin Small Cap Value EQ/Oppenheimer Global IA Templeton Global Balanced R MFS Value R1 Managed Volatility IB American Century Global Growth R T. Rowe Price Retirement 2005 R Neuberger Berman Equity Income R3 EQ/GAMCO Small Company Value IB American Funds EuroPacific Growth R2 T. Rowe Price Retirement 2010 R Oppenheimer Equity Income R Columbia Multi-Advisor Small Cap Value R BlackRock Global Small Cap R T. Rowe Price Retirement 2015 R T. Rowe Price Equity Income R Federated Clover Small Value R Eaton Vance Global Dividend Income R T. Rowe Price Retirement 2020 R Large Cap Blend Small Cap Blend Oppenheimer Global Opportunities R T. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/Speciality T. Rowe Price Retirement 2030 R AXA Mutual Large Cap Equity Invesco Small Cap Equity R EQ/GAMCO Mergers & Acquisitions IB T. Rowe Price Retirement 2035 R Managed Volatility IB Bonds American Century Global Gold R T. Rowe Price Retirement 2040 R EQ/Capital Guardian Research IB Intermediate Bonds BlackRock Health Sciences Opps R T. Rowe Price Retirement 2045 R EQ/Common Stock Index Portfolio IB AXA/DoubleLine Opportunistic Core Plus Bond IB Columbia Seligman Comms & Info R T. Rowe Price Retirement 2050 R EQ/Equity 500 Index IB EQ/Core Bond Index IB Deutsche Real Estate Securities R T. Rowe Price Retirement 2055 R American Funds Fundamental Investors R2 EQ/Quality Bond PLUS IB Deutsche Select Alternative Allocation R Large Cap Growth ClearBridge Appreciation R Multimanager Core Bond IB Franklin Utilities R AXA Large Cap Growth Managed Volatility IB Columbia Contrarian Core R CharterSM Multi-Sector Bond B Invesco Global Real Estate R AXA/Loomis Sayles Growth IB Deutsche Core Equity R Fidelity VIP Investment Grade Bond SC 2 Ivy Funds VIP Science and Technology EQ/Large Cap Growth Index IB Federated Max-Cap Index R Franklin Strategic Income VIP Fund C12 MFS Technology R1 EQ/Wells Fargo Omega Growth IB Franklin Rising Dividends R Invesco Premium Income R MFS Utilities R1 AB Core Opportunities R Invesco Charter R Invesco Strategic Real Return R Oppenheimer Gold & Special Minerals R AB Large Cap Growth R Invesco Equally-Wtd S&P 500 R PIMCO VIT Real Return Adv PIMCO Commodity Real Ret Strat R Alger Capital Appreciation Instl R Lord Abbett Calibrated Dividend Gr R3 PIMCO VIT Total Return Adv Prudential Financial Services R American Century All Cap Growth R Lord Abbett Fundamental Equity R3 Putnam Income R Prudential Global Real Estate R American Century Select R MFS Massachusetts Investors Trust R1 High-Yield Bonds Prudential Jennison Natural Resources R American Funds AMCAP R2 Oppenheimer Main Street R Franklin High Income R Cash Equivalents American Funds Growth Fund of America R2 Oppenheimer Rising Dividends R Invesco V.I. High Yield II EQ/Money Market IB BlackRock Capital Appreciation R Prudential Jennison Equity Income R Ivy Funds VIP High Income Stable Value Fund BlackRock Large Cap Growth R Mid-Cap Growth International Bonds Guaranteed Account ClearBridge Aggressive Growth R EQ/Morgan Stanley Mid Cap Growth IB EQ/Global Bond PLUS IB Guaranteed Interest Option Deutsche Capital Growth R Multimanager Mid Cap Growth IB American Funds Capital World Bond R2 Personal Income BenefitSM Eaton Vance Growth R AB Discovery Growth R Putnam Global Income R PIB AXA Balanced Strategy Federated Kaufmann Large Cap R American Century Heritage R Templeton Global Bond VIP C12 Variable Annuities: • Are Not a Deposit of Any Bank • Are Not FDIC Insured • Are Not Insured by Any Federal Government Agency • Are Not Guaranteed by Any Bank or Savings Association • May Go Down in Value AXA Equitable Life Insurance Company (NY, NY) Portfolio features AXA Equitable’s proprietary managed-volatility strategy (or may invest in underlying portfolios that feature this strategy) that currently utilizes futures and options to manage equity exposure when market volatility increases above specific thresholds set for the portfolio. It is not possible to manage volatility fully or perfectly, which could cause these portfolios to underperform or experience losses. Investment options and available share classes are subject to change. Contact your financial professional for the most up-to-date list of investment options and available share classes. Amounts in variable investment options are subject to fluctuation in value and market risk, including loss of principal. Clients should consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus containing this and other information on the investment options listed here, clients should contact their financial professional. Clients should read the prospectus carefully before they invest or send money. The Retirement Gateway® Investment Options contain various types of investments, including variable investment trusts and mutual funds. Certain investment funds may contain different investments than similarly named investment funds of a different type offered by the money manager. Investment results of the different types of similarly named investments may be higher or lower. Please see the investment fund’s prospectus for more information on the type and structure of the investment. A group variable annuity is a long-term financial product that is used for retirement purposes. In its most basic form, a group annuity is a contract between a company and an insurance company to allow company employees (participants) to make contributions toward a retirement account and then be able to receive payments from the account during retirement years. There are contract limitations and fees associated with variable annuities, which include, but are not limited to, mortality and expense risk charges, sales and surrender charges, administrative fees and charges for optional benefits.