Soloist®
Get Appointed Call the Nationwide Sales Desk 1-800-321-6064
NFW-3333AO

Soloist®

Overview

The Soloist is a variable annuity that offers low initial investment minimums and investment choices from well-known money managers, for IRAs and qualified contracts.

Target market

This product is designed for investors looking for retirement income and death benefit protection for IRA and qualified contracts, with a low minimum investment.

Key features

  • Income through annuitization
  • Death benefits
  • Tax-deferred growth

Product literature/support materials

Product details

  • Maximum issue ages: Annuitant age 78, owner any age
  • Plan types: IRA, Roth IRAs, SIMPLE IRAs, SEP IRAs, 401(k), 403(b)
  • 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: $12
  • Minimum investment: $300; subsequent: $10
  • Penalty free withdrawals: 10% of purchase payment 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: annuitization after 2 years

Get started

For more information or to make a case, contact your Nationwide wholesaler at 1-800-321-6064.