NexAnnuity Launches NexCompounder FIA Boosting Flexible Retirement Growth
NexAnnuity has launched the NexCompounder Fixed Index Annuity (FIA), a product designed to offer retirement savings with growth potential, principal protection, and tax-deferred accumulation. This FIA requires a minimum initial premium of $25,000, with the flexibility to add more premium within the first year, supporting a range of account types including IRAs and employer-sponsored plans. The product offers diversified index strategies, linking to major market indexes such as the S&P 500®, Nasdaq-100®, and Franklin US Core Plus Index, with interest credited annually based on positive index performance. The NexCompounder FIA includes a guaranteed floor to protect principal in volatile markets, combining growth opportunities with risk mitigation. The annuity features different crediting methods including one-year point-to-point cap rates and participation rates to accommodate varying market conditions and investor preferences. It aims to meet evolving retirement goals through customizable options. Issued by The Ohio State Life Insurance Company in partnership with NexAnnuity, the product adheres to state regulations and is available in most states except for Connecticut, Maine, New York, and Vermont, with specific licensing requirements. Ohio State Life underscores that all guarantees, including optional benefits, depend on its financial strength and claims-paying ability. As an insurance product, the FIA is not federally insured by agencies such as the FDIC. NexAnnuity, based in Dallas, Texas, offers a suite of retirement solutions and annuity products, utilizing a network of financial services affiliates. Its parent entity, NexAnnuity Holdings, Inc., also encompasses investment and wealth management affiliates. The company emphasizes adaptability to changing financial landscapes and client needs through innovative product development. NexPoint, a multibillion-dollar alternative investment firm affiliated with NexAnnuity, provides a diverse array of investment strategies across real estate, corporate credit, equities, and insurance solutions. The partnership supports NexAnnuity’s distribution and product offerings, enhancing market presence and investment versatility. The NexCompounder FIA represents part of this strategic approach to delivering modern retirement products with flexibility and robust features. Regulatory and index licensing disclosures accompany the product, ensuring transparency and compliance for policyholders. Additional information and purchase options are accessible through NexAnnuity’s dedicated website and customer service channels.