A Section 1035 exchange lets you move annuity or life insurance cash value to a new contract without paying immediate income tax on gains. This AXA form handles three transaction types: a direct transfer of TSA assets to another carrier, a contract exchange between annuity contracts, and a direct rollover from a TSA plan to an eligible retirement account.
Before you complete this document, have the following ready: your AXA contract number, the receiving carrier name and address, and the transaction type. For partial transfers, note the exact dollar amount or percentage to move. For full transfers, all assets go to the new plan.
After completing the form, submit it to AXA Equitable by regular mail, express mail, or fax. Processing takes 7 to 10 business days. Review your contract for any applicable surrender charges before initiating the exchange.
Need a similar form for a different carrier? The Form 1035 Exchange covers general transfers, while the Standard Form 1035 applies to other institutions. For AXA withdrawals instead of a transfer, use the AXA Distribution Form.
| Question | Answer |
|---|---|
| Form Name | Axa 1035 Exchange |
| Form Length | 6 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 1 min 30 sec |
| Other names | equitable 403b rollover form, axa equitable rollover form, equitable transfer form, axa equitable variable transfer exchange |
