What is a registered index-linked annuity?

A registered index-linked annuity (RILA) is a tax-deferred long-term savings option that limits exposure to downside risk and provides the opportunity for growth. It offers more growth potential than a fixed-indexed annuity but less potential return and less risk than a variable annuity.

Returns are based in part on the performance of an underlying index or indexes. In addition, they also provide an option to convert the annuity into a stream of income payments in retirement through annuitization. A RILA is not a stock market investment and does not directly participate in any stock or equity investments.

With RILAs, you accept a level of risk in exchange for higher upside potential.

What registered index-linked annuities offer

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A level of protection from market downturns

The money you place into your registered index-linked annuity will be partially protected from market downturns based on the level of protection you select.

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Opportunity for growth

Your money can grow based on the performance of an index or indexes.

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Tax advantages

The value of your annuity grows tax free, meaning you won’t pay taxes on any growth until you make a withdrawal.

Nationwide registered index-linked annuity products

Nationwide Defined Protection℠ Annuity

How a registered index-linked annuity works

A registered index-linked annuity can help you to define your:

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Protection

Determine how comfortable you are with exposure to the market's downside.

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Growth opportunity

Diversify your portfolio by selecting from available index offerings and the various levels of growth potential they offer.

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Time horizon

Most registered index-linked annuities offer a mix of term lengths, which is the amount of time you'll be allocated to your chosen combination of protection and growth potential. At the end of each term, you'll have the opportunity to make new selections.

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Not sure if a registered index-linked annuity is right for you? Compare all annuity types.

Topics to discuss with your financial professional

  • Ask a professional about the different types of annuities and which one might work for you.
  • Risk tolerance: What type of investor are you?
  • Payout options: What are the different ways you can take income from an annuity?

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The guarantees and protections offered by the Nationwide Defined Protection Annuity are subject to the claims-paying ability of Nationwide Life Insurance Company.

Neither Nationwide nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions. 

Withdrawals may be subject to contingent deferred surrender charges (CDSC) and an MVA on the withdrawal itself. Withdrawals taken prior to age 59½ may be subject to a 10% federal tax penalty in addition to ordinary income taxes. All withdrawals will reduce the death benefit and contract value.

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