Annuities offer a wide range of benefits and features which can make them a good option for helping you reach your future financial goals.

As a nation, we're not ready to retire.1 Collectively, we are short by $4.13 trillion.2

What's your plan?

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Help meet your goals with the right product

An investment professional can tell you about the different kinds of annuities, including:

Variable  |  Fixed indexed  |  Immediate  |  Fixed

When you discuss your retirement goals with your advisor, he or she can suggest an annuity — or a combination of annuities — that’s right for your needs.

Your advisor may be aware of different annuity riders or features that can help create smart, tailored and more complete coverage to suit your goals.

Imagine the possibilities for growth


Over time, annuities can accumulate with the advantage of tax-deferred growth. It lets you:

Delay paying taxes

Principal, interest and capital gains may accumulate tax free until you withdraw and take receipt of them; the benefit is that, when you withdraw during retirement, you're likely to be in a lower tax bracket.

Build value

By delaying taxes until withdrawal, your account can retain more value; by deferring taxes, you can use the power of compound interest to boost the base of your account with each passing year; over time, it can add up to more retirement wealth.

Similar to a 401(k), an annuity may have tax advantages

As a result, the government typically limits your access to withdrawals until after you're 59 1/2. Any earlier, and there's a 10% early withdrawal penalty.


Some annuity options offer growth potential. Here's how:

You gain buying power

Some investments are beyond reach because minimum investment amounts are too high; annuities can help because you're in a larger group of investors.

You can skip fees or taxes

You may be able to exchange between investments without fees or tax consequences.

You can manage your investments yourself or use a money manager — it's your choice.

Income, legacy and spousal opportunities

Annuities are uniquely designed to be able to provide you with lifetime income options, legacy planning and spousal opportunities.

Lifetime income

Achieved through the use of annuitization at no cost or via a lifetime income benefit rider available for an additional cost.


Most annuities have a return of premium standard death benefit (your beneficiary gets back what you put in at a minimum); however, you have the opportunity to purchase enhanced death benefit riders that could increase the amount left to loved ones.

Spousal opportunities

You're able to cover the life of your spouse on your annuity, either on a death benefit or a lifetime income benefit; please note that some carriers may charge a fee for these services.

Plan for what - and who - matters most


You can pass your assets to beneficiaries while avoiding the costly probate process. Married couples can also choose spousal protection.

Spousal protection offers security for both of you. With spousal protection, your Mr. or Mrs. is protected in the event that you pass away first. Your spouse then has the flexibility to choose:

Continuation - Continue the contract at the death benefit amount, or
Full payout - Take a lump-sum distribution
Nationwide Lifetime Income

For more information on planning for lifetime income in retirement, check out this video:

Annuity resources

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Visit our library of annuities articles in the Learning Center.

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Learn about the features and benefits offered by the different annuity types.

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[1] U.S. head of the household, age 25–64.

[2] "Retirement Savings Shortfalls: Evidence From EBRI's Retirement Security Projection Model(trademark)," Jack VanDerhei, EBRI Issue Brief No. 410 (February 2015).

An annuity is a contract you purchase from an insurance company, designed for long-term investing. The values will fluctuate based on investment option performance. Annuities have restrictions and limitations, and fees and charges will vary based on the product. You may be charged a penalty if you take your money out early. Withdrawals may be subject to ordinary income taxes, and if you are under age 59½, you may pay a 10% federal tax penalty. Please remember that investing involves risk, including possible loss of principal. All guarantees and protections are subject to the claims-paying ability of the issuing insurance company.