The Best of America IV is a deferred variable annuity currently available with 403(b) plans. This product has limited availability.
This product is designed for clients with a 403(b), 401(k), 401(a), or SEP-IRA planning for retirement.
Income through annuitization
We offer a wide variety of
investment options across a broad spectrum of asset classes and styles, including multiple asset allocation funds. Product literature/support materials
Maximum issue ages: Annuitant age 78, owner any age
Plan types: 403(b), 401(k), 401(a), SEP-IRA
Contingent Deferred Sales Charge (CDSC): 7-year 7-6-5-4-3-2-1-0%
1.30% fee (M&E 1.25%, Administrative 0.05%)
Maximum annual contract maintenance charge: $30
Minimum investment: no minimum; subsequent: $10
Penalty free withdrawals: 10% of purchase payment noncumulative after the first year (unless for RMD). Withdrawals of earnings at any age are subject to ordinary income tax and distributions prior to age 59½ may be subject to a 10% tax penalty.
For more information or to make a case, contact your Nationwide wholesaler at 1-800-321-6064.
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.