America's marketFLEX II Variable Annuity

Overview

America’s marketFLEX^® II is a variable deferred annuity that provides advisors and clients with investment opportunity through actively traded, alternative and traditional investment options

Target market

America’s marketFLEX II is for clients seeking diversification and tax-deferral benefits of a variable annuity, with enhanced portfolio diversification through actively traded, alternative and traditional investment options.

Key features

A broad array of available investment options including actively traded investments (daily liquidity and trading strategies), alternative asset classes (including hedged equity, real estate, currency, commodities and futures) and traditional asset classes (including stocks, bonds and cash)
The guarantees and protections of a variable annuity, including tax deferral, tax-efficient investment exchanges, and lifetime income through annuitization
Death benefit options including the standard return of contract value death benefit; an optional highest anniversary with spousal protection feature death benefit; or an optional return of premium with spousal protection feature death benefits
The spousal protection feature allows the surviving spouse to continue the contract at the higher of the death benefit or contract value (available at no cost if an optional death benefit is selected)

Product literature/support materials

Client Brochure

Product details

Maximum issue age: Annuitant age 85, owner any age
Plan types: Nonqualified, IRA, Roth IRA, SIMPLE IRA, SEP IRA, 401(a) (investment only)
Minimum initial investment: $10,000
- Subsequent payments: $500 (or $50 for automated clearinghouse)
Multiple CDSC options available
- B-share 7 year: 7-7-6-5-4-3-2-0%
- L-share 4 year: 7-7-6-5-0%; cost is 0.35%
- C-share: no CDSC schedule; cost is 0.40%
M&E fee: 1.05%; Admin fee: 0.20%
Death benefit protection
- Standard return of contract value death benefit
- Return of premium enhanced death benefit with spousal protection feature; cost is 0.20%; issued through age 75 with a $3 million cap
- One-year step-up enhanced death benefit with spousal protection feature; issued through age 75, annual step up stops at age 80 with $3 million cap; cost is 0.30%
- Spousal protection is available with return of premium or one-year step-up enhanced death benefits at no additional cost
Extra value rider is available
- Increase the value of the variable annuity immediately through the purchase of an extra value rider. If elected, the first-year purchase payments receive an immediate credit (not available in all states.)
  - 3% − 0.40% Cost
  - 4% − 0.55% Cost
Penalty free withdrawals: 10% of total purchase payments (each year) that are subject to CDSC, minus purchase payments that have been surrendered (noncumulative)
Purchase payment credit: 0.50% credit to contract for cumulative purchase payments of $500,000 − $999,999 and 1% credited to contract for cumulative purchase payments of $1,000,000 or more
CDSC waivers: Terminal illness and long-term care waivers are available if an optional enhanced death benefit is elected

Get started

For more information or to make a case, contact your Nationwide^® wholesaler at 1-866-233-3223.

Keep in mind that investing involves market risk and your investment return, principal value and periodic payments will fluctuate over time. You could end up with more or less than the amount you invested.

Investing in alternative asset classes involves special risk. Alternative asset classes may be highly speculative and leveraged or may use various hedging techniques, like options and derivatives. This could increase losses since hedge fund losses are not fully reflected in historical standard deviation measurements. Also, alternative asset classes may incur unique tax implications if traded in foreign markets and may be highly dependent on your manager’s investment techniques and ability to select appropriate risk. Often, alternative asset classes are not registered under U.S. Securities laws or similar laws in other countries; therefore, they’re subject to less regulation than publicly offered investments.

An annuity is a long-term, tax-deferred investment designed for retirement. It will fluctuate in value. It allows you to create a fixed or variable stream of income through a process called annuitization. It provides a variable rate of return based on the performance of the underlying investments. An annuity isn’t intended to replace emergency funds or to fund short-term savings goal.

You should also know that an annuity contains guarantees and protections that are subject to the issuing insurance company’s ability to pay for them. But these guarantees dont apply to any variable accounts that are subject to investment risk, including possible loss of your principal.

Variable annuities are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Company, Columbus, OH. The general distributor is Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation.

An annuity is a contract between you and an insurance company and its sold by prospectus. You should read these documents. They describe risk factors, fees and charges that may apply to you. Variable annuities have fees and charges that include mortality and expense, administrative fees, contract fees, and the expense of the underlying investment options.

Variable annuities are sold by prospectus. The product prospectus and underlying fund prospectuses can be obtained by writing to Nationwide Life Insurance Company, P.O. Box 182021, Columbus, Ohio 43218-2021. Carefully consider the funds investment objectives, risks, charges and expenses. Prospectuses contain this and other important information. Your clients should read them carefully before investing.

Nationwide is a service mark of Nationwide Mutual Insurance Company. America’s marketFLEX is a service mark of Nationwide Life Insurance Company.