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What are rollovers and can they benefit you?
Basically, a rollover is moving money from a previous retirement account into a new one.
For example: When you leave your job, you could move your money from your work retirement plan into an IRA.
Consolidate your accounts
Managing multiple retirement accounts can become overwhelming. Check out the benefits of rolling them into one.
Qualified retirement plans, deferred compensation plans and individual retirement accounts are all different, including fees and when you can access funds. Assets rolled over from your account(s) may be subject to surrender charges, other fees and/or an additional 10% early withdrawal tax if withdrawn before age 59 1/2. Nationwide and its representatives do not give legal or tax advice. Please contact your legal or tax advisor for such advice.