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 Fixed Indexed Annuities
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ONdex fixed indexed annuities are insurance products designed specifically to help you accumulate assets by allowing you to earn interest, subject to limitations, based upon the performance of a market index – a collection of securities representing a portion of the overall market.

Your money isn’t invested directly in an index, so your ONdex annuity’s value will never decrease as a result of any losses an index may experience.

An ONdex fixed indexed annuity may be a good fit for you if you are:

  • At or nearing retirement
  • Looking for a growth opportunity for the assets that you can't afford to lose
  • Concerned about market losses and sudden swings


An ONdex Annuity offers:

• You can’t lose any of your principal or credited interest due to market downturns, which will help protect your retirement plans from sudden market swings.
• Your gains will be locked in regularly (based on the crediting strategies you select) as credited interest, also protecting them from market downturns.

Growth potential
Because the value of your ONdex annuity is based, in part, on the growth of stock market indices (excluding dividends), you may experience accumulation rates higher than CDs and other fixed investment opportunities when markets are performing well. Keep in mind, however, that there may be limitations on your gains.

Tax deferral
With an ONdex annuity, you won’t pay taxes on any gains until they’re withdrawn from your contract. This allows any growth to compound more quickly. And you may be in a lower tax bracket after you retire, which will further reduce the impact of taxes on your retirement assets when you need them most.

Crediting strategy options
An ONdex annuity allows you to choose from a select group of crediting strategies, or methods of determining what amount of any growth in an index will be credited to your contract. Each crediting strategy is tied to a specific index, such as the S&P 500®. As a result of these crediting strategies, you may not capture all the growth the index experiences. However, because your returns can never fall below the annuity’s guaranteed “floor”, you’ll never capture any of the index’s losses.

Annual Point-to-Point with Return Cap (S&P 500®)
An annual point-to-point crediting strategy compares the index’s value at the beginning of the investment year to its value at the end of the investment year to determine an annual growth rate. The annual growth rate is subject to a Return Cap, or maximum crediting rate for the investment year.

Monthly Average with Return Cap (Russell 2000®)
A monthly average crediting strategy looks at the index’s value at the start of the investment year, and again at the end of each investment month. The monthly values are used to determine the average monthly index value, which is then used to calculate the index’s growth rate for the year. Interest is credited to your ONdex annuity annually.

3-Year Point-to-Point with Participation Rate (Barclays Global Trailblazer Index) 
A 3-year point-to-point crediting strategy compares the index’s value at the beginning of the first investment year to its value at the end of the third investment year to determine the index’s growth rate.

Please Note: Crediting strategy availability may vary based on broker-dealer. 

Additional features and benefits

Guaranteed lifetime income
Your contract’s accumulated value can be converted into an income stream that’s guaranteed to last throughout your lifetime. When you choose to end the accumulation phase, you’ll no longer experience any growth, but will be able to rely on regular income payments that you can’t outlive.

Death benefit
If you pass away before converting your contract’s accumulated value into a lifetime income stream, your beneficiaries will be eligible to receive your remaining value, allowing you to leave a financial legacy to loved ones.

Guaranteed Accumulation Protection
Your ONdex annuity includes a Guaranteed Accumulation Protection (GAP) feature that ensures you’ll experience a minimum percentage of credited interest after your contract’s surrender period ends 

Talk to your Ohio National representative to find out more about fixed indexed annuities.

Not a deposit | Not FDIC insured | Not guaranteed by any bank | May lose value | Not insured by any government agency

Fixed Indexed Annuity Issuer: The Ohio National Life Insurance Company

Fixed indexed annuities (“FIA”) are long-term investment vehicles designed to accumulate money on a tax-deferred basis for retirement purposes. Upon retirement, FIAs may provide an income stream or a lump sum. If you die during the accumulation or payout phase, your beneficiary may be eligible to receive any remaining Contract Value.

An FIA is not a registered security or stock market investment and does not allow direct participation in any stock or equity investments, or index. The index used is a price index that tracks market performance and does not reflect dividends paid on the underlying stocks. Indices are typically unmanaged and are not available for direct investment.

FIAs provide the potential for interest to be credited to the annuity based in part on the performance of the specified index, without the risk of loss of premium due to market downturns or fluctuation because of a contractual floor.

Guarantees are based upon the claims-paying ability of The Ohio National Life Insurance Company. Guarantees do not apply to the investment performance of any chosen index.

Product, product features and rider availability vary by state. Certain features may vary by broker-dealer.

Early withdrawals or surrenders may be subject to surrender charges. Withdrawals are also subject to ordinary income tax and, if taken prior to age 59½, a 10% federal tax penalty may apply. Tax rules require that withdrawals be taken first from any unrealized gain in the contract. Federal and state tax laws applicable to this product are subject to change. You are encouraged to consult your personal tax adviser for further information.

There is no additional tax-deferral benefit for contracts purchased in an IRA or other tax-qualified retirement plans because such retirement plans already have tax-deferred status. An annuity should only be purchased in an IRA or qualified plan if the contract owner values some of the other features of the annuity and is willing to incur any additional costs associated with the annuity.

The S&P 500® Index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by The Ohio National Life Insurance Company. Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by The Ohio National Life Insurance Company. The Ohio National Life Insurance Company ‘s ONdex annuities are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

The Russell 2000® Index (the “Index”) is a trademark of Frank Russell Company (“Russell”) and has been licensed for use by The Ohio National Life Insurance Company. The ONdex annuities are not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies (“LSEG”) (together the “Licensor Parties”) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the ONdex annuities are based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the ONdex annuities. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to The Ohio National Life Insurance Company or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein.

Neither Barclays Bank PLC, Barclays Capital Inc., nor any affiliate (collectively “Barclays”) is the issuer or producer of the ONdex annuities and Barclays has no responsibilities, obligations or duties to investors in the ONdex annuities. The Barclays Global Trailblazer Index is a trademark owned by Barclays Bank PLC or Barclays Capital Inc., and licensed for use by The Ohio National Life Insurance Company as the Issuer of the ONdex annuities. While The Ohio National Life Insurance Company may for itself execute transaction(s) with Barclays in or relating to the Barclays Global Trailblazer Index in connection with the ONdex annuities, investors acquire the ONdex annuities from The Ohio National Life Insurance Company and investors neither acquire any interest in Barclays Global Trailblazer Index nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in the ONdex annuities. The ONdex annuities are not sponsored, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding the advisability of the ONdex annuities or use of the Barclays Global Trailblazer Index or any data included therein. Barclays shall not be liable in any way to the Issuer, investors or to other third parties in respect of the use or accuracy of the Barclays Global Trailblazer Index or any data included therein.



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©2017 Ohio National Financial Services, Inc.
Product Issuers: The Ohio National Life Insurance Company
and Ohio National Life Assurance Corporation
Registered Products Distributed by: Ohio National Equities, Inc.
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