New York residents can now pursue their retirement wealth goals via distinctive interest crediting options in an insured solution from a highly rated issuer.
Western & Southern Financial Group has launched Indextra® NY. Available exclusively in New York, the single premium deferred fixed indexed annuity (FIA) is issued by National Integrity Life Insurance Company (National Integrity Life), a Western & Southern Financial Group member.
Product highlights include:
- Growth opportunity via five allocation options. Three are indexed crediting strategies (tied to positive performance of the S&P 500® Index). Two others are fixed interest strategies. Owners may allocate among any combination.
- Rate-to-term certainty of up to 10 years. Guarantee periods of 5, 7 or 10 years (matching the declining withdrawal charge period options) for the interest rate caps and credited interest rates of the Cap Lock 1-Year Point-to-Point and Multi-Year Fixed allocation options, respectively.
- A performance-triggered indexed crediting option. Owners capture annual interest crediting whenever the S&P 500® Index return is 0% or greater.
- Positive market participation only. All allocation options guarantee growth with no risk of negative performance. The minimum accumulation value feature, included with no market value adjustment or added fee, guards against negative returns regardless of market results.
- Guarantees backed by the claims-paying ability of a New York State domiciled leader in financial strength and stability. National Integrity Life is rated A+ (Superior) by A.M. Best and has a Comdex ranking of 96.*
“Indextra NY is a terrific option for individuals at or near retirement age who value protection against market volatility,” said Mark Caner, president of W&S Financial Group Distributors, Inc., the product’s distributor. “An annuity that delivers guaranteed growth with multiple allocation choices helps provide confidence in the face of market volatility. Each of Indextra NY’s allocation options does just that.”
Allocation options include:
- S&P 500® Index: 1-Year Point-to-Point: Tied in part to the performance of the S&P 500® Index, with annual interest crediting subject to cap-rate maximum. A new annual cap rate applies each crediting year.
- S&P 500® Index: Cap Lock 1-Year Point-to-Point: Tied in part to the performance of the S&P 500® Index, with annual interest crediting subject to cap-rate maximum. The cap rate is locked for the entire withdrawal charge period (5, 7 or 10 years).
- S&P 500® Index: 1-Year Performance Triggered: Tied in part to the performance of the S&P 500® Index, with annual interest crediting based on a predetermined performance threshold the index must attain for the period. Provided the return is at least 0%, the stated “trigger” rate will be credited.
- Fixed Interest Rate: 1-Year: The interest rate is declared each year in advance. It is never less than the current guaranteed minimum interest rate as defined in the contract.
- Fixed Interest Rate: Multi-Year: The interest rate is declared in advance and guaranteed for entire withdrawal charge period (5, 7 or 10 years). It is never less than the current guaranteed minimum interest rate as defined in the contract.
Indextra NY is issued for ages 0-85 and is available by digital submission only via electronic order-entry platforms.
The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by National Integrity Life Insurance Company. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by National Integrity Life Insurance Company. Indextra NY is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index.
*A+ AM BEST (Superior) Superior ability to meet ongoing insurance obligations. Second highest of 13 ratings held since June 2009. Rating refers to claims-paying ability of the insurance company and does not reflect performance or safety of any investment product. Comdex is a composite of all the ratings a company has received from the major rating agencies. It ranks insurers on a scale of 1 (lowest ) to 100 in an effort to reduce confusion over ratings as each rating agency uses a different scale. Ratings current as of February 2025 and subject to change.
Product is issued by National Integrity Life Insurance Company, White Plains, NY. National Integrity Life operates in NY. W&S Financial Group Distributors, Inc. is an affiliated life insurance agency of the issuer. Issuer has sole financial responsibility for its products. Both companies are members of Western & Southern Financial Group. Single Premium Deferred Annuity Contract with Indexed Interest Options series NIL-18 2307, Allocation Options NE.50 2311, NE.51 MY-FI 2402, NE.52 SI-CL-OY-PTP 2402, NE.53 SI-PT-OY-PTP 2402 and Waiver of Withdrawal Charge Rider NR.43 2311.
An annuity is a long-term financial vehicle designed for retirement. An insurance company accepts premiums and provides future income or a lump-sum amount to the contract owner by contractual agreement. Annuity contracts have terms and limitations for keeping them in force. Please contact a financial representative for complete details.
Payment of benefits under the contract is the obligation of, and guaranteed by, the issuing company. Guarantees are based on the claims-paying ability of the insurer. Products are backed by the full financial strength of Integrity.
Indextra NY is a single premium deferred fixed indexed annuity that earns interest based on changes in a market index, which measure how markets or parts of markets perform. The Indexed Interest Options have a guaranteed interest rate that will never be less than 0%, even if the Index goes down.
Earnings and pre-tax payments are subject to ordinary income tax at withdrawal. Withdrawals before age 59½ are generally subject to a 10% IRS penalty tax. Withdrawals may be subject to charges. Western & Southern member companies and their agents do not offer legal or tax advice. For specific tax information, have your client consult an attorney or tax advisor. Interest rates are declared by the insurance company at annual effective rates, taking into account daily compounding of interest.
No bank guarantee • Not a deposit • May lose value • Not FDIC/NCUA insured • Not insured by any federal government agency
© 2025 Western & Southern Financial Group. All rights reserved.
