| Prime II | ||
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Type |
Flexible Premium Deferred Annuity (FPDA); Non-Registered (fixed) |
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Current Interest Rate Guarantee Period |
Each calendar year, Prime contracts renew with a new guaranteed minimum interest rate. |
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Guaranteed Minimum Interest Rate |
2% (most states) |
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Minimum Purchase Payment |
$50 |
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Maximum Issue Age |
75 — Must be annuitized by age 85. |
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Contract Charge |
None |
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Contingent Deferred Sales Charge |
9 contract years: 8-7-7-6-5-4-3-2-1%; 10th contract year, 0 |
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Free Withdrawal |
10% of contract value after the 1st anniversary |
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Markets |
Non-Qualified, IRA, SEP, SIMPLE IRA, Keogh, 403(b), Deferred Compensation |
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Forms (available through supply) |
Application, Form 6499 (state variations may apply) |
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Client Brochure (Save Wisely, Retire Well), Form 1708 |
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Prime
II Insert (Form 1713) |
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Prime II Annuities issued by The Ohio National Life Insurance Company. Product, product features and rider availability vary by state. Guarantees are based on the claims-paying ability of the issuer. Company not licensed to conduct business in AK, HI and NY.
For Representative use only. Not for use with the general public. |
Ohio National is not affiliated with, nor does it endorse or sponsor, any particular prospecting, marketing or selling system.