NexAnnuity Launches NexCompounder Fixed Index Annuity with Market Growth Potential

NexAnnuity, a U.S. retirement solutions provider, has introduced the NexCompounder Fixed Index Annuity (FIA), designed to offer market growth potential while protecting the principal investment. This new FIA product targets individuals aiming for a balanced approach to retirement planning, combining growth opportunities with downside protection through index-linked crediting strategies tied to three major market benchmarks. The product requires a minimum initial premium of $25,000 and allows additional contributions within the first contract year, and is compatible with Individual Retirement Accounts (IRAs) and non-qualified accounts. This launch reflects ongoing innovation in retirement products that integrate market exposure with risk mitigation, catering to investor demand for security and growth in retirement portfolios.