You have the opportunity to participate in the Florida SUSORP 403(b) or SMSOAP 401(a) retirement plan to help you build assets for the future in a way that is convenient and flexible. If you have questions, call (866) 401-3030, option #3 to speak with someone or click here to set up a meeting today.

About your options

Eligible State University faculty members and administrators, including administrative and professional staff not covered by Career Service, can choose to participate in the SUSORP rather than the Florida Retirement System (FRS) during the first 90 days of employment. Employees filling certain positions are mandatory members of the SUSORP and will receive contributions from the department. Members must complete the enrollment process with an approved provider for the plan for these contributions.

Eligible members of the state senior management service, or selected managerial staff, may irrevocably elect to participate in the Senior Management Service Optional Annuity Program (SMSOAP), a 401(a) defined contribution plan, instead of the FRS. The SMSOAP program provides retirement benefits and protection for you and your family.

With both plans, all contributions made on your behalf are immediately vested, which means they’re yours as soon as they’re put into the plan.

EQUI-VEST StrategiesSM plan benefits

AXA Equitable’s EQUI-VEST StrategiesSM is a multi-stage annuity built to adapt to your changing needs.  When you’re ready, it helps you seamlessly transition from growth potential to income for you and your family, all in one place.

Growth potential

You can select from a variety of investment options that will fluctuate in value, based on market performance, as well as an option that provides safety of principal and guaranteed interest, regardless of what happens in the market. The investment options are managed by leading investment management companies you know and trust. The value of the variable investment options within annuities will fluctuate and is subject to market risk, including the possible loss of principal.

Available Investment Options:

Most recent performance is available here.

Tax deferral

With EQUI-VEST Strategies, you don’t pay tax on your contributions or the accumulated earnings in your account until they are withdrawn or distributed. That can help your assets grow more quickly than if they were in a taxable account.

Flexible, tax-free transfers

You can allocate your assets in the way that best meets your needs, and transfer them to different investment options at any time, tax-free. 

Want more information?

Download our EQUI-VEST StrategiesSM brochure, prospectus and any prospectus supplements (in the prospectus tab of this page), which contain all the details and information you’ll need to know about this product

You may also:

  • Call (866) 401-3030, option #3 to speak with someone.
  • Request a personal meeting by clicking here.

EQUI-VEST StrategiesSM is sold by Prospectus only.

Please consider all of the charges, risks, expenses, investment objectives, and complete details of coverage carefully before purchasing a variable annuity. For this and other information please contact your local Florida AXA Advisors financial professional and read the prospectus and any applicable supplements carefully before you invest or send money.

Managing your retirement account is easy

Once you enroll, you can make transfers, check your balances, and take distributions, using whichever method you prefer:

  • Call one of our Retirement Plan Account Managers at (800) 528-0204; Monday through Thursday, 8:30 AM – 7:00 PM ET and Friday, 8:30 AM – 5:00 PM
  • Access your account online by registering on
  • Call (866) 440-5980 to hear your current account value, change allocations for future contributions, or transfer amounts among the available investment options.
  • Review your Account Statements and Confirmation Notices.  You’ll receive a confirmation notice each time we receive a contribution on your behalf, and a quarterly statement detailing all of your activity in a given quarter. This information is available online, anytime you need it.

Make transfers if your needs change

With EQUI-VEST StrategiesSM, you are free to transfer among the available investment options, without any charge or fee, whenever your needs or goals change.1 There are no taxes taken so your assets continue to grow tax-deferred until you withdraw them.

Rebalance to keep your assets in line with your strategy

If your allocations get out of balance, you can bring them back to their original percentages automatically with asset rebalancing.  Just choose quarterly, semiannual, or annual rebalancing, and you can start or stop at any time, at no cost to you. Rebalancing doesn't assure you a profit or automatically protect you from loss.

Goal-based advice from professionals

With EQUI-VEST Strategies, you have access to a managed account service provided by ProNvest that can help you find the right balance in your retirement account. ProNvest is an independent registered investment advisory firm that assists retirement plan participants with goal-based advice and money management services. It’s easy and could save you time and effort.  That’s because, if you sign up for this service, your investments can be automatically customized based on your goals, risk tolerance, age, contribution level and the changing economy.

For additional information or to enroll in the ProNvest managed account service, click here

Take income from your plan

When you’re ready to take retirement income, you have a number of payout options, including systematic withdrawals, lump-sum payments and lifetime income options.

These distributions are taxable as ordinary income and, if you take them prior to age 59½, you’ll pay an extra 10% federal income tax penalty. Other taxes may also apply. Consult your tax advisor if you have questions.

Fees and charges

You won’t pay any recordkeeping fees for the EQUI-VEST Strategies SMSORP and SMSOAP programs. You also won’t pay any withdrawal charges on distributions from the plan.  You will, however, pay fees and charges for management of the underlying investment options, an annual administrative charge and if you decide to elect to utilize the Managed Account program. 

Because the SMSORP and SMSOAP programs are retirement plans, distributions before retirement (including withdrawals) are limited by federal income tax rules. 

Please refer to the prospectus, supplements, and statement of additional information for complete information on distributions.

1 Restrictions apply to prevent disruptive transfer activity.


Talk to a financial professional

Our experienced financial professionals can work closely with you to help you design a retirement strategy that meets your specific needs, goals and risk tolerance. They can also set up periodic financial check-ups to review your strategy and make any necessary changes.  Whether you attend an educational seminar, sit down face-to-face with a financial professional or communicate over the phone, getting advice from a professional may help you retire with confidence.

Obtain assistance from our dedicated Sales Desk, Monday - Friday, by calling (866) 401-3030, option #3 or complete the form below to set up an appointment today.

* Required

Variable annuities are long-term financial products designed for retirement purposes. In essence, an annuity is a contractual agreement in which payments are made to an insurance company, which agrees to pay out an income or a lump sum amount at a later date. There are fees and charges 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. The variable investment options offered in this contract will fluctuate in value and are subject to market risk, including loss of principal. 

All guarantees described herein are subject to the claims-paying ability of AXA Equitable Life Insurance Company. Guarantees do not apply to variable investment options. 

Because this EQUI-VEST StrategiesSM annuity contract would be used to fund a retirement plan, participants should be aware that such annuities do not provide tax deferral benefits beyond those already provided by the Internal Revenue Code. Before purchasing, individuals should consider whether its features and benefits beyond tax deferral meet their needs and goals. Participants may also want to consider the relative features, benefits and costs of this annuity with any other investment that they may use in connection with their employer’s retirement plan or arrangement. 

Certain types of contracts, features and benefits may not be available in all jurisdictions or in all 403(b) or 457 plans. 

Please be advised that this information is not intended as legal or tax advice. Accordingly, any tax information provided on this page is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. The tax information was written to support the promotion or marketing of the transaction(s) or matter(s) addressed and participants should seek advice based on their particular circumstances from an independent tax advisor. AXA Equitable, AXA Advisors, and AXA Distributors do not provide tax or legal advice. 

EQUI-VEST® is a registered service mark and StrategiesSM is a service mark of AXA Equitable Life Insurance Company, New York, NY 10104. EQUI VEST® StrategiesSM is issued by AXA Equitable Life Insurance Company. Co-distributed by AXA Advisors, LLC and AXA Distributors, LLC (member FINRA, SIPC). 

Series 901 form #s: 2008TSAGAC901, 2011SIO901-ENGAC, and any state variations. Certificate #s: 2008TSA901-A/B, 2011SIO901-A/B, 2012RDPIB, and any state variations. 

“AXA” is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), AXA Advisors, LLC, and AXA Distributors, LLC. AXA S.A. is a French holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC. The obligations of AXA Equitable Life Insurance Company are backed solely by their claims-paying ability.

GE-132148 (12/2017)

Image used for Space here