Form 497 Equitable Financial Life

June 10, 2026 8:30 AM EDT

Equitable Financial Life Insurance Company

 

Supplement dated June 10, 2026 to the Structured Capital Strategies PLUS® 21 Prospectus

 

 

 

For New York Contracts Only

 

This Supplement modifies certain information in the above-referenced Prospectus (the “Prospectus”) offered by Equitable Financial Life Insurance Company (“Equitable”). You should read this Supplement in conjunction with your Prospectus and retain it for future reference. This Supplement incorporates the Prospectus by reference. Unless otherwise indicated, all other information included in your Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in your Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center at 877-899-3743.

 

The purpose of this Supplement is to provide information regarding the Segments available, minimum Performance Cap Rates and the Segment Interim Value calculation for New York contracts. The Return of Premium Death Benefit is currently unavailable for contracts issued in New York.

 

The

following chart lists the current Segment Types for contracts issued in New York:

 

Index   Type of Index  

Segment

Duration

   

Segment Rate

of Return

Calculation

Method

   

Current Limit on Index Loss

if held until Segment
Maturity Date (Segment
Buffer)

   Minimum Limit on Index
Gain for the life of the
Segment (Performance  Cap
Rate)

S&P500 Price Return

   Market Index  

6 year

1 year

    Standard    -10%; -15%; -20%; -30%

-10%; -15%; -20%; -30%

   30%; 27%; 24%; 18%

5%; 4.5%; 4%; 3%

Russell2000® Price Return

   Market Index  

6 year

1 year

    Standard    -10%; -15%; -20%; -30%

-10%; -15%; -20%; -30%

   30%; 27%; 24%; 18%

5%; 4.5%; 4%; 3%

MSCIEAFE Price Return

   Market Index  

6 year

1 year

    Standard    -10%; -15%; -20%; -30%

-10%; -15%; -20%; -30%

   30%; 27%; 24%; 18%

5%; 4.5%; 4%; 3%

NASDAQ-100Price Return

   Market Index  

6 year

1 year

    Standard    -10%; -15%; -20%; -30%

-10%; -15%; -20%; -30%

   30%; 27%; 24%; 18%

5%; 4.5%; 4%; 3%

MSCIEmerging Markets Price Return

   Market Index   1 year    Standard    -10%; -15%   5%; 4.5%; 4%; 3%

EUROSTOXX 50® Price Return

   Market Index   1 year    Standard    -10%; -15%   5%; 4.5%; 4%; 3%

S&P500 Price Return

   Market Index  

6 year

1 year

    Dual Direction    -10%; -15%; -20%

-10%; -15%; -20%

   30%; 27%; 24%

5%

Russell2000® Price Return

   Market Index   6 year 1 year    Dual Direction    -10%; -15%; -20%

-10%; -15%; -20%

   30%; 27%; 24%
5%; 4.5%; 4%

MSCIEAFE Price Return

   Market Index   6 year 1 year    Dual Direction    -10%; -15%; -20%

-10%; -15%; -20%

   30%; 27%; 24%
5%; 4.5%; 4%

NASDAQ-100Price Return

   Market Index   6 year 1 year    Dual Direction    -10%; -15%; -20%

-10%; -15%; -20%

   30%; 27%; 24%
5%; 4.5%; 4%

S&P500 Price Return

   Market Index   6 year    Annual Lock    -10%   5%

Russell2000® Price Return

   Market Index   6 year    Annual Lock    -10%   5%

MSCIEAFE Price Return

   Market Index   6 year    Annual Lock    -10%   5%

NASDAQ-100Price Return

   Market Index   6 year    Annual Lock    -10%   5%

S&P500 Price Return

   Market Index   6 year 1 year    Step Up    -10%

-10%; -15%

   30%

5%; 4.5%

Russell2000® Price Return

   Market Index   6 year 1 year    Step Up    -10%

-10%; -15%

   30%

5%; 4.5%

MSCIEAFE Price Return

   Market Index   6 year 1 year    Step Up    -10%

-10%; -15%

   30%

5%; 4.5%

NASDAQ-100Price Return

   Market Index   6 year 1 year    Step Up    -10%

-10%; -15%

   30%

5%; 4.5%

S&P500 Price Return

   Market Index  

6 year

1 year*

    Enhanced Upside    -10%; -15%

-10%

   30%; 27%

5%

S&P500 Price Return

   Market Index   1 year    Dual Step Up    -10%; -15%; -20%   5%; 4.5%; 4%

Russell2000® Price Return

   Market Index   1 year    Dual Step Up    -10%; -15%; -20%   5%; 4.5%; 4%

MSCIEAFE Price Return

   Market Index   1 year    Dual Step Up    -10%; -15%; -20%   5%; 4.5%; 4%

NASDAQ-100Price Return

   Market Index   1 year    Dual Step Up    -10%; -15%; -20%   5%; 4.5%; 4%
*

Only available with 125% Enhanced Upside Rate

 

The Cap Rate Hold applies to all amounts invested in Segments on or before the Segment Start Date that is on or immediately following 60 days after the application received date for new contracts issued in New York with an application signed date on or after the Effective Date.

 

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