Hero background
NexAnnuity Logo

NexCompounder Fixed Index Annuity

Issued by The Ohio State Life Insurance Company

Take Your Retirement to the Next Level.

Who We Are

What is a fixed index annuity?

Designed for longevity, Fixed Index Annuities (FIAs), are built as long-term insurance solutions, often ideal for individuals aiming to protect and grow their retirement savings.

FIAs offer growth potential linked to a market index, while ensuring principal protection against market downturns. Additionally, earnings grow tax-deferred, and they can provide a steady income stream during retirement.

NexCompounder offers multiple indexed crediting options:

Nasdaq 100 Index

Nasdaq-100

Volatility Control 12% NC™ Index

The 12% volatility control version of the Nasdaq-100 Index® offers approximately 55% of the volatility while offering approximately 75% of the return.

Franklin U.S. Index

Franklin US CorePlus

(7.5% Vol) Index

The Franklin US CorePlus Index takes a diversified, well-balanced approach to investing. With a primary focus on growth, the index combines the stock selection expertise of Franklin Templeton portfolio managers with the statistical precision of a factor-driven scoring system. The 7.5% volatility control provides balance through employing a fixed income strategy to help mitigate risk and navigate market volatility.

S&P 500 Index

S&P 500®

Index

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and covers approximately 80% of available market capitalization.

Fixed Index Annuity Benefits.

Growth Potential

  • Fixed index annuities have the potential to earn more (or less) than traditional fixed annuities, as their interest crediting is based on the performance of an index, unlike traditional fixed annuities that only pay a fixed rate of interest.
  • Depending on the indexed strategy selected by the owner, there may be a cap (the maximum interest you can earn in an interest term), or a participation percentage rate (a percentage of the index’s performance).
  • Any interest earned is determined at the end of each interest term and will grow through compounding.
  • Your money grows tax-deferred, meaning it is not taxed until you withdraw it.

Access

  • During the initial policy period (known as the “surrender charge” period), after the first policy year you can withdraw up to 10% of your policy value each year without incurring charges.
  • You can surrender your policy at any time and receive your money back, subject to market value adjustments (MVAs) and surrender charges, and minus any previous charges or withdrawals.
  • Withdrawals from the indexed account before the end of an interest term will not earn interest.
  • After the surrender charge period, MVAs and surrender charges no longer apply.

Consistency

  • Your policy value will not decrease due to market performance.
  • We guarantee that you will receive at least the amount you initially invested at the end of the surrender charge period.
  • In the event of your death, your beneficiaries will receive any remaining policy value.

The NexCompounder FIA is focused on accumulation while allowing for flexible premium in the first year.

Download our Rate Sheet & Product Sheet for more information on the NexCompounder Fixed Index Annuity product.

FIA Benefits

Index Disclaimers:

The S&P 500®, S&P 500® Dynamic Intraday TCA Index, and S&P 500 Market Agility 10 TCA 0.5% Decrement Index (together, the “Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by NexAnnuity. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by NexAnnuity. The Product, the Individual Single Premium Deferred Indexed Annuity marketed as the Nex Compounder FIA, is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, “S&P Dow Jones Indices”). Neither S&P Dow Jones Indices nor its affiliates make any representation or warranty, express or implied, to the owners of the Product or any member of the public regarding the advisability of investing in securities generally or in the Product particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to NexAnnuity with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Index is determined, composed and calculated by S&P Dow Jones Indices without regard to NexAnnuity or the Product. S&P Dow Jones Indices have no obligation to take the needs of NexAnnuity or the owners of the Product into consideration in determining, composing or calculating the Index. Neither S&P Dow Jones Indices nor its affiliates are responsible for and have not participated in the determination of the prices, and amount of the Product or the timing of the issuance or sale of the Product or in the determination or calculation of the equation by which the Product is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices have no obligation or liability in connection with the administration, marketing or trading of the Product. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice.

NEITHER S&P DOW JONES INDICES NOR ITS AFFILIATES GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES AND MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY NEXANNUITY, OWNERS OF THE NEX COMPOUNDER FIA, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND NEXANNUITY, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

The Product is not sponsored, endorsed, sold or promoted by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the “Corporations”). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to, the Product. The Corporations make no representation or warranty, express or implied to the owners of the Product or any member of the public regarding the advisability of investing in securities generally or in the Product particularly, or the ability of The Nasdaq-100 Volatility Control 12% NC™ Index to track general stock market performance. The Corporations' only relationship to NexAnnuity (“Licensee”) is in the licensing of the Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Volatility Control 12% NC™ Index, and XNDX12NC™ and certain trade names of the Corporations and the use of The Nasdaq-100 Volatility Control 12% NC™ Index which is determined, composed and calculated by Nasdaq without regard to Licensee or the Product. Nasdaq has no obligation to take the needs of the Licensee or the owners of the Product into consideration in determining, composing or calculating The Nasdaq-100 Volatility Control 12% NC™ Index. The Corporations are not responsible for and have not participated in the determination of the timing of, prices at, or quantities of the Product to be issued or in the determination or calculation of the equation by which the Product is to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the Product.

THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR UNINTERRUPTED CALCULATION OF THE NASDAQ-100 VOLATILITY CONTROL 12% NC™ INDEX OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 VOLATILITY CONTROL 12% NC™ INDEX OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 VOLATILITY CONTROL 12% NC™ INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

“Franklin,” “Franklin Templeton” and the “Franklin US Core Plus IndexSM (the “Index”) are trademarks of Franklin Templeton. (the “Licensor”) and have been licensed for use by NexAnnuity as a component of certain Nex Compounder FIA products (each, a “Product” and collectively, the “Products”).

Licensor uses a third-party calculation agent (the “Calculation Agent”) to calculate and publish the Index. The Calculation Agent uses its best efforts to ensure that the Index is calculated correctly; however, the Calculation Agent has no obligation to point out errors in the Index to third parties. Neither publication of the Index by the Calculation Agent nor the licensing of the Index or Index trademark for the purpose of use in connection with the Products constitutes a recommendation by the Calculation Agent to purchase the Products, nor does it in any way represent an assurance or opinion of the Calculation Agent with regard to any Product.

The Products are not sponsored, endorsed, sold or promoted by Licensor or the Calculation Agent. Neither Licensor nor the Calculation agent makes any representation or warranty (express or implied) regarding the Product, the advisability of purchasing the Product, or the use of the Index or any data included therein. Licensor’s only relationship to NexAnnuity is the licensing of certain trademarks and trade names and the Index or components thereof. Neither Licensor nor the Calculation Agent have any obligation or liability in connection with the marketing, issuance, or administration of the Product.

LICENSOR DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA INCLUDED THEREIN AND LICENSOR SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, UNAVAILABILITY, OR INTERRUPTIONS THEREIN. LICENSOR MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, HOLDERS OF THE PRODUCT OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN. LICENSOR MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL LICENSOR HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, INCIDENTAL, CONSEQUENTIAL DAMAGES, OR LOST PROFITS, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.