Annuities
Nationwide offers products, retirement income strategies and support to empower you to be the indispensible resource your clients want for retirement income planning.
Competitive products
We offer a range of annuity solutions for your clients while supporting evolving advisor business models.
Variable annuities
- Nationwide DestinationSM Series
- America's marketFLEX® Series
- Fee-based solutions − varies by firm
Fixed annuities
- INCOME Promise SelectSM fixed, immediate annuity
- Nationwide Clear Horizon® equity indexed annuity
- Deferred fixed annuities − varies by firm
A variable annuity is a contract you buy from an insurance company. It's designed to help accumulate assets to provide income for retirement. It will fluctuate in value based on the performance of the underlying investment options.
You should also know that all guarantees and protections of a variable annuity are subject to the claims-paying ability of the issuing insurance company. These guarantees don't apply to any variable accounts which are subject to investment risk, including possible loss of your principal.
Annuities do have limitations. You may be charged a penalty if you take your money out early, you're not yet 59½ (additional 10% tax penalty), or both.
Variable annuities have fees and charges that include mortality and expense, administrative fees, contract fees, and the expense of the underlying investment options.
A fixed annuity is a contract you buy from a life insurance company. It is designed for long-term retirement goals. Withdrawals from a fixed annuity are subject to income tax, and if you make a withdrawal before age 59½, you may have to pay a 10% tax penalty.
Annuity market rank
Variable annuity #7
(VARDS, 3/31/11)
Immediate annuity #8
(LIMRA, 3/31/11)
The Nationwide advantage
The Nationwide Lifetime Income Rider® is an optional living benefit rider available with certain Nationwide variable annuities for an additional cost. It can provide your clients guaranteed retirement income for life, subject to the terms and conditions of the contract, and with a 10% simple interest rollup for 10 years or until their first withdrawal. Your lifetime income amount is based on your income benefit base and age when you take your first withdrawal. If you need to take more than your withdrawal amount any year, you can, but keep in mind that will reduce your future withdrawal amounts.
Get started
To learn more, contact the Nationwide Sales Desk at 1-800-321-6064.
Annuity and life insurance products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, OH. Unless otherwise noted, the general distributor is Nationwide Investment Services Corporation, member FINRA (in MI only: Nationwide Investment Svcs. Corporation). Trust programs and services are provided by Nationwide Trust Company, FSB, a division of Nationwide Bank.
Variable products are sold by prospectus. Both the product prospectus and underlying fund prospectuses can be obtained from your investment professional or by writing to Nationwide Life Insurance Company, P.O. Box 182021, Columbus, OH 43218-2021. Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. The product prospectus and underlying fund prospectus contain this and other important information. Read the prospectuses carefully before investing.
Nationwide, the Nationwide framemark, On Your Side, The Nationwide Lifetime Income Rider, Nationwide Destination, and Nationwide Clear Horizon are service marks of Nationwide Mutual Insurance Company. INCOME Promise Select and America's marketFLEX are service marks of Nationwide Life Insurance Company.
© 2012 Nationwide Financial Services, Inc. All rights reserved.
