NexAnnuity Launches NexCompounder FIA with Market-Linked Growth and Principal Protection

NexAnnuity has introduced the NexCompounder Fixed Index Annuity (FIA), aimed at enhancing retirement portfolios by combining growth potential with principal protection and tax-deferred accumulation. The product requires a minimum initial premium of $25,000 and permits additional contributions within the first year, accommodating various retirement plans including IRAs and employer-sponsored accounts. It provides interest crediting linked to major market indexes through strategies such as one-year point-to-point caps, ensuring a guaranteed principal floor to safeguard investments against market volatility. Partnering with Ohio State Life Insurance Company, NexAnnuity continues to offer adaptive retirement solutions that meet the evolving needs of policyholders in a dynamic financial environment.