Nationwide Lifetime Income TrackSM Rider

Nationwide Lifetime Income TrackSM Rider

One little guarantee may make a big difference. To help provide income in retirement, Nationwide® designed the Nationwide Lifetime Income TrackSM. This optional living benefit is available at an additional cost and must be elected at the time the contract is issued. When added to the Nationwide DestinationSM Architect 2.0 variable annuity, Lifetime Income Track is designed to deliver:

  • An annual step-up feature on the income benefit base
  • Guaranteed lifetime income1
  • An option for continuation of income for a spouse, available at an additional cost
  • A Non-Lifetime Withdrawal feature2
  • A withdrawal table based on both the owner’s age and rider duration
  • Investment options with a maximum equity exposure of 70% (up to 80% via managed volatility investment options) and a minimum equity exposure of 40%
  • Investment options that allow portfolio customization3

1 Subject to the claims-paying ability of Nationwide Life Insurance Company; excess, early and non-lifetime Withdrawals may reduce or terminate the income benefit base; certain restrictions and limitations may apply
2 This option can only be exercised once, is not available in the first rider year and is available when the owner reaches 59½
3 Only certain investment options are available to contracts with Nationwide Lifetime Income Track.