Nationwide DestinationSM L 2.0
Get Appointed Call the Nationwide Sales Desk 1-800-321-6064

Nationwide DestinationSM L 2.0 and Nationwide DestinationSM L New York 2.0


Nationwide DestinationSM L is a variable deferred annuity with a four-year CDSC.

Target market

This product is designed for investors looking for tax-deferred growth, varied investment choices, and other options to help them prepare for and live in retirement.

Key features

  • Lifetime income through annuitization or a living benefit rider
  • Death benefit options including built-in, annuitant-driven spousal protection
  • Tax-deferred growth
  • Access to a wide range of investment options

Investment options

We offer a wide variety of investment options across a broad spectrum of asset classes and styles, including multiple asset allocation funds.

Sales idea

Spousal Protection Feature

Product literature/support materials

Client Kit

Product details

  • Maximum issue ages: Annuitant age 85, owner any age
  • Plan types: Nonqualified, IRA, IRA Rollover, Roth IRA, SIMPLE IRA, SEP IRA, CRT, 401(k), 401(a), Investment Only
  • Minimum investment: $10,000; subsequent: $500 (or $50 by automated clearinghouse)
  • Contingent Deferred Sales Charge (CDSC): 4-year 7-7-6-5-0%
  • $30 administrative charge, waived when contract value is greater than $50,000 on any contract anniversary
  • Mortality and expense risk charge: 1.75% (M&E 1.55%, admin fee 0.20%)
  • Purchase Payment Credit: 0.50% credit on purchase payments of $500,000 to $999,999 (cumulative payments on a contract); 1.00% credit on purchase payments of $1 million+ (cumulative payments on a contract)
  • CDSC-free withdrawals: greater of 10% of purchase payment or the RMD amount, noncumulative; 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
  • CDSC Waivers: Terminal illness and long-term case (may not be available in all states)


Get started

For more information or to make a case, call the Nationwide Sales Desk at 1-800-321-6064.