Information on this website is provided as a summary of the benefits that may be included in the annuity policy contract when it is issued. It is for informational purposes only. In the event of an ambiguity or conflict of terms between information on this site and the annuity policy contract, the terms of the annuity policy contract are controlling.
The Ohio State Life Insurance Company (“Ohio State Life”), whose home office is in Dallas, Texas, issues the Single Premium Deferred Annuity Policy referred to on this site as the Nex Multi-Year Guaranteed Annuity Product (the “Nex MYGA”).
Annuity policy contract information is available on Nex MYGA materials. Rider benefits and rider form numbers may vary by state. The Nex MYGA is subject to state regulations, so the Nex MYGA and certain features or optional benefits thereof may not be available in all states. Ohio State Life is not licensed in Connecticut, Maine, New York, and Vermont. California License No. 08115.
Annuity contracts have limitations. Please consult your annuity policy contract for the actual terms and conditions that apply, including the definitions, limitations and exclusions, and charges.
All guarantees, including any optional benefits, are subject to the financial strength and claims-paying ability of Ohio State Life. The Nex MYGA, like all annuities, is an insurance product and not insured by the FDIC, the NCUSIF, or a federal government agency.
Withdrawals of taxable amounts from an annuity are subject to ordinary income tax, and, if taken before age 59½, may be subject to a 10% IRS penalty. Any discussion or mention of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, investment, tax or accounting advice. Ohio State Life and EEA (defined below) do not offer legal, investment, tax or accounting advice. Please consult your own qualified legal, investment, tax and accounting advisors.
“NexAnnuity” and ”Nex” are marketing names for the entity that, through its network of financial services affiliates, provides investment management, product development, financial services expertise and management services to Ohio State Life retirement products.
Eagle Equity Advisors, LLC (“EEA”) provides agent services, product design, distribution, marketing, and other related services to the carrier. EEA is an affiliate of NexPoint Advisors, L.P., an investment adviser on a multibillion-dollar global alternative investment platform.
NOT A DEPOSIT | MAY LOSE VALUE | NOT FDIC OR NCUA/NCUSIF INSURED
NOT GUARANTEED BY A BANK/SAVINGS ASSOCIATION OR CREDIT UNION | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY