Best of America^® Advisor Variable Annuity

Overview

The Best of America Advisor Variable Annuity is a fee-based flexible premium variable deferred annuity.

Target market

The Best of America Advisor Variable Annuity is a fee-based variable annuity for clients who are seeking tax deferral, growth potential, and the option of guaranteed lifetime income through annuitization.

Key features

A broad range of investment options
Death benefit options including standard return of contract value or optional one-year enhanced death benefit with spousal protection feature
Low fees and no Contingent Deferred Sales Charge

Product literature/support materials

Product details

Maximum issue age: Annuitant age 85; owner may be any age
Plan types: Nonqualified, IRA, Roth IRA, IRA Rollover, SEP IRA, Charitable Remainder Trusts, 401(a) investment only, 401(k)
Minimum initial investment: $25,000
- Subsequent payments: $1,000 (or $150 for automated clearinghouse)
Contract value death benefit is standard
Optional one-year enhanced death benefit is available for 0.20%; issued through age 80 with a $3 million cap
- Greater of: contract value; total premium less withdrawals; highest annuity value on any contract anniversary prior to annuitant’s 81st birthday less withdrawals
One-year enhanced death benefit includes spousal protection feature, which allows the surviving spouse to continue the annuity contract with no tax consequences at the greater of the contract value or the death benefit
Lifetime income is available through annuitization
CDSC: N/A
M&E fee: 0.35%

Get started

For more information or to make a case, contact your Nationwide wholesaler at 1-877-877-2716.

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.

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 don’t apply to any variable accounts that are subject to investment risk, including possible loss of your principal.

An annuity is a contract between you and an insurance company and it’s 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 fund’s investment objectives, risks, charges and expenses. Prospectuses contain this and other important information. Your clients should read them carefully before investing.

All guarantees and protections, where available, are subject to the claims-paying ability of Nationwide Life Insurance Company.

The Best of America is a service mark of Nationwide Life Insurance Company. Nationwide is a service mark of Nationwide Mutual Insurance Company.