[1] “Modified single-premium” refers to a contract that is designed to be funded with a single purchase payment at issue. Additional funds may be accepted if they are disclosed at the time of application and are received within 6 months of the contract issue date.
[2] Low-cost fund platform fees may apply.
[3] Ranked by Morningstar as of March 31, 2024.
[4] The contract analysis was completed using Morningstar's Annuity Intelligence Data.
[5] The fee comparison was done using Nationwide's Variable Annuity Comparison Tool; annuity fees are provided by Morningstar.
When evaluating the purchase of a variable annuity, you should be aware that variable annuities are long-term investment vehicles designed for retirement purposes and will fluctuate in value; annuities have limitations; and investing involves market risk, including possible loss of principal.
A variable annuity is a contract you buy from an insurance company. It's designed to help accumulate assets to provide income for retirement. It will fluctuate in value based on the performance of the underlying investment options. You should also know that all guarantees and protections of a variable annuity are subject to the claims-paying ability of the issuing insurance company. They don't apply to the investment performance or safety of the underlying investment options. Underlying subaccounts are available only as investment options in variable insurance contracts issued by life insurance companies. They are not offered directly to the general public.
You may be charged a penalty if you take your money out early, if you're not yet 59½ (additional 10% tax penalty), or both. Variable annuities have fees and charges that include mortality and expense fees, administrative fees, contract fees and the expense of the underlying investment options.
Variable products are sold by prospectus. Carefully consider the investment objectives, risks, charges and expenses. The product and underlying fund prospectuses contain this and other important information. Investors should read them carefully before investing. To request a copy, go to nationwideadvisory.com or call 1-866-667-0561.
