Fixed Annuities from Ohio State Life, Powered by NexAnnuity
Fixed annuities, also referred to as multi-year guaranteed annuities (MYGAs), along with other names, are insurance products that earn a fixed rate of interest after a single premium payment.
NexAnnuity has partnered with The Ohio State Life Insurance Company to power a suite of MYGAs. The Nex MYGAs are offered in 3-, 5-, 7-, and 10-year guarantee period options.
Nex MYGA Products
Single premium deferred annuities issued by Ohio State Life:
3-year interest rate guarantee period
5-year interest rate guarantee period
7-year interest rate guarantee period
10-year interest rate guarantee period
Visit the Ohio State Life website for Nex MYGA product information.
Nex MYGA Benefits
Income & Growth
Tax-deferred income designed to grow and compound money efficiently
Access & Liquidity
Ability to access money through flexible withdrawal terms and available riders
Securing income and savings via principal and interest protection
Helps provide families and beneficiaries with an asset that can be structured to avoid the length probate process
Risks & Disclosures
This information 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. Additional information and disclosures can be found in the Product Brochure. In the event of an ambiguity or conflict of terms between this information 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 website as the Nex Multi Year Guaranteed Annuity Product (the “Nex MYGA”).
“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.
Guarantees are based on the claims-paying ability of the issuer.
NOT FDIC OR NCUA INSURED • WITHDRAWAL CHARGES MAY APPLY • NOT BANK/CU GUARANTEED • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • MAY LOSE VALUE