One of the nations top sellers of variable annuities has exited the business, confirming what many experts have been claiming in recent years: the variable annuity market is very challenging. Ohio National Financial Services Inc., has laid off 300 employees in the wake of the …
In an effort to address both inflation and longevity, Ohio National has launched a new fixed indexed annuity (FIA) guaranteed living withdrawal benefit (GLWB) rider. According to a recent article from InsuranceNewsNet, ONdex Income Accelerator GLWB is guaranteed to increase by at least 3% a …
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