Fixed indexed annuities

Fixed index annuities

When you purchase a fixed index annuity (FIA) from Ohio National, you’re buying a product that may help you accumulate retirement assets and then turn them into a source of income that will last for the rest of your life.

Ohio National’s ONdex fixed index annuity let you allocate your money to either:

  • A fixed interest account that will accumulate assets at a set rate each year; or
  • Index-based crediting strategies that will grow based, in part, upon the performance of market indices (collections of securities that represent a portion of the overall market), like the S&P 500

Because their growth is based, in part, on market performance, the index-based crediting strategies may offer higher return potential than CDs, treasuries or other fixed investments. Even though the ONdex fixed index annuity can grow based on market performance, your funds may not grow at the same rate as an index because they aren’t invested directly in the market.
Your ONdex fixed index annuity also includes a guaranteed 0% floor, meaning its value will never decrease based on an index’s losses. And any gains are locked in regularly, so they won’t be subject to losses going forward.
Every retiree and retirement is different. There are two different ONdex fixed index annuity products, letting you pick the one that best fits your liquidity needs and time horizon to retirement. Your financial professional can help you select the right product for your needs.

Fixed indexed annuities can help you:
Ensure retirement income

You can choose from multiple income payment options, including guaranteed income for life.

Increase retirement assets

Thanks to market-based investment options, fixed indexed annuities may offer higher return potential than CDs, treasuries or other fixed investments.

Leave a legacy

Fixed indexed annuities include a built-in death benefit that can help ensure your retirement assets are able to help protect the people and causes you care about once you’re gone.

Want to learn more about saving for retirement?

  How much will I need for RETIREMENT

Annuities are issued by The Ohio National Life Insurance Company. Guarantees are based on the claims-paying ability of the issuer. Guarantees do not apply to the investment performance of any index.

Early withdrawals may be subject to surrender charges. Withdrawals may be subject to ordinary income tax and, if taken prior to age 59½, a 10% federal tax penalty may apply. Fixed annuities are not insured or guaranteed by the FDIC or any other government agency.

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.

A 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.

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.

Products, product features, and rider availability vary by state. Issuer not licensed to conduct business in NY.

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