Nationwide L.inc

Income for Life. Guaranteed.

What are variable annuities?

Annuities are long-term, tax-deferred investments designed to create a stream of income for retirement. An annuity can give you a stream of lifetime income in one of two ways: a process called annuitization, which doesn’t cost anything extra, or the purchase of an optional rider. The Nationwide Lifetime Income Rider® (Nationwide L.inc) is an optional rider you can add to certain Nationwide variable annuities for an additional cost.

How Nationwide L.inc may help you

People are retiring earlier and living longer. So there’s a real risk of outliving your assets – and a real need for lifetime income that may increase with, or even beat, inflation.

See if Nationwide L.inc might be right for you



Features of Nationwide L.inc

  • A 7% simple interest roll-up on your original income benefit base for the first 10 years or until your first lifetime withdrawal, whichever comes first. Each rider anniversary, the income benefit base becomes the greater of the contract value or the roll-up value. 
  • Guaranteed lifetime income, subject to the claims-paying ability of Nationwide Life Insurance Company; excess or non-lifetime withdrawals may reduce or terminate the income benefit base.
  • A Joint Option for continuation of income for either surviving spouse, available for an additional cost.
  • Build a portfolio that's right for you. Chose from a range of model investment portfolios or build a custom portfolio from more than 50 underlying investment options.

Guarantees are based on the claims paying ability of the company.