IncomeInsight® - A Tested Retirement Income Strategy
More income potential with less income risk
Imagine reducing the potential for retirement income losses in a down market, while increasing income potential in an up market.
We developed the IncomeInsight (PDF) strategy to help you do both as you get closer to retirement.
How IncomeInsight strategy works
IncomeInsight is designed to increase your income potential with less income risk using a variable annuity with a lifetime guaranteed minimum withdrawal benefit (an optional rider available on certain variable annuities for an additional fee).
This strategy allows you to:
• Increase your income potential
• Reduce your income volatility
• Provide a layer of guaranteed retirement income to your portfolio
Growth with protection
The IncomeInsight strategy helps to reduce income risk by investing a portion of your fixed assets into a variable annuity (VA) with a guaranteed minimum withdrawal benefit (GMWB). The strategy gives a clear suggestion about the investment blend you could use to see your portfolio grow with protection.
Strategy tested by research
With the help of Nationwide-sponsored research, Ibbotson Associates, a leading provider of retirement advice programs, tested the theory behind the IncomeInsight retirement strategy and showed a VA+GMWB can reduce potential losses and increase potential retirement income.
Reduce retirement income risks
By adding an optional GMWB rider to a variable annuity - like The Nationwide Lifetime Income Rider (Nationwide L.inc) - you can be protected from retirement risks, such as outliving your savings.
Important information about annuities
An annuity is a long-term, tax-deferred investment designed for retirement that may fluctuate in value. It allows you to create a fixed or variable stream of income through a process called annuitization and may also provide a variable rate of return based on the performance of the underlying investments.
An annuity does have limitations. If you decide to take your money out early, you may face fees called surrender charges. Plus, if you're not yet age 59½, you may also have to pay an additional 10% tax penalty on top of ordinary income taxes. A death benefit is available with most variable annuities. If you do take an early withdrawal, the amount of money you withdraw will reduce your death benefit and the cash value of the annuity contract.
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. 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 may be
sold by prospectus. While it may take some time, you should read this
document. It describes 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.
|Find out more about IncomeInsight and Nationwide L.inc from your investment professional. Don’t have one? Don’t worry -- we can help. Or call our Consumer Solutions Center at 1-877-245-0761.|
Variable products are sold by prospectus. Both 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.
Investing involves market risk, including possible loss of principal.
Optional riders and features are offered at an additional cost and may not be available on all Nationwide variable annuities or in all states. An annuity purchase should be based on the annuity contract, and not optional riders or features.
Living benefit riders are optional and may not be available on all Nationwide variable annuities or in all states. In some circumstances, the cost of an option may exceed the actual benefit paid under the option. A guaranteed minimum withdrawal benefit is an optional rider that is available on certain variable annuity contracts for an additional fee.
The general distributor for variable annuity contracts is Nationwide Investment Services Corporation, member FINRA. In MI Only: Nationwide Investment Svcs. Corporation.
Nationwide, Nationwide Financial, the Nationwide framemark, The Nationwide Lifetime Income Rider and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company.
Ibbotson Associates, Inc. is a registered investment advisor and wholly owned subsidiary of Morningstar, Inc. The Ibbotson name and logo are property of Ibbotson. The study described herein is the proprietary property of Ibbotson, and may not be reproduced, in whole or in part, in any manner, without the prior written consent of Ibbotson. Ibbotson and its affiliates are not related to Nationwide® and its affiliates.