My retirement.
My Nationwide® IRA.
Look into a retirement savings option that’s all yours
Consider the Nationwide IRA.
Whether you choose to move your money into the traditional or Roth IRA, or both, you get access to the same award-winning* service and support retirement plan participants have known and trusted throughout their careers.
Best of all, from features to investment options to service and support, we've built the Nationwide IRA to make it easy for you.
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Features
Account types - You choose which is best for your situation.
- Traditional, for those who intend to make future contributions from earned income. Future contributions may be fully or partially deductible, depending on your circumstances.
- Roth, for those who prefer to take retirement withdrawals tax-free. Roth IRAs don’t have age restrictions, but they do have income-eligibility restrictions.
Initial rollover contribution - At least $5,000 from any 401(k), 403(b), governmental 457(b) plan, or certain other IRAs.
- You may establish both a traditional IRA and Roth IRA, and split the initial rollover contribution of $5,000 (or more) between them
- We accept direct transfers, to make setting up your IRA easy
Continuing contribution - Add as much as the IRS allows every year:
- $6,000 annually; $7,000 if you're age 50 or older.1 We make that easy, too.
1 Or your taxable compensation for the year, if your compensation is less than the dollar limit. -
Selecting and managing investmentsWhen you establish your Nationwide IRA, we have two paths that make it easy to select and manage your investments, Help me do it or Do it for me.Help me do it
With My Investment PlannerSM, you get a free, point-in-time, online advice tool that will help you build a diversified asset allocation from the funds available through the Nationwide IRA.
Simply answer a few questions to identify your market risk tolerance and how much time you have before you expect to begin withdrawing money for retirement income.
From the information you provide, the tool will establish your initial investments through the IRA. Thereafter, you can change investments and allocations at any time you wish.
Easy peasy.Do it for meYou can opt to let professionals select your funds and manage your account through Nationwide ProAccount®. When you elect this service, you complete a Risk Tolerance Questionnaire that is used to provide professional management of your invested assets.
With Nationwide ProAccount, you get:- Experienced, professional investment management
- Investment management based on your age and risk tolerance
- Periodic adjustments as market conditions change
- Ongoing support and communications
- Easy enrollment
If your needs change or you have questions, requests or potential restrictions on management of your account, that’s easy too. You can submit a revised Risk Tolerance Questionnaire. -
Fees
Annual Administrative fees - Automatically assessed at the end of each month based on total assets, using a tiered approach.
Asset balance Annual fee Monthly fee $0k-$15k2 $120 $10 >$15k $48 $4 Example: Your asset balance months 1-4 was under $15,000. In months 5-12 your balance was over $15,000
Your monthly and annual fees break down as follows:
Months 1-4 = $10/month = $40
Months 5-12 = $4/month = $32
Total for the year = $72Transaction fees - None, even for trades between different fund families3
Termination fees - None
2 There is a requirement to initially fund the IRA with a minimum $5,000 rollover contribution.3 Trades within the IRA are subject to Nationwide’s Excessive Trading Policy. In addition, mutual fund companies may impose a redemption fee on an investor who trades in and out of a fund within a specified time frame. Refer to the fund’s prospectus for specific details. -
Service and support
Whether new to Nationwide or a current participant in a Nationwide retirement plan, you will immediately recognize and experience the award-winning* service and support that comes with the Nationwide IRA:
- Easy transition from your current plan
- Personalized Retirement Readiness experience to help you stay on track
- Extended-hours service
- Automatic asset rebalancing (only when the Do it For Me investment option is selected)
- Fund reallocation (only when the Do it For Me investment option is selected)
- Dedicated protection of your private information and account data
Our On Your Side service is designed to make your decision to choose the Nationwide IRA easy.
At Nationwide, we're dedicated to helping you prepare for and live in retirement. If you have decided that an Individual Retirement Account may be best for you, consider the Nationwide IRA, the IRA that’s as individual as you are. Establishing an account is easy. And you’ll get service and support you can trust.
Additional product information
- ProAccount ADV Part 2A - Information about the qualifications and business practices of Nationwide Investment Advisors, LLC ("NIA")
- ProAccount ADV Part 2B - Information about the voting members of NIA’s Investment Committee
- Nationwide Securities, LLC (NSLLC) ADV Part 2A - Information about the qualifications and business practices of NSLLC
- Fund Prospectuses
- My Investment PlannerSM models with funds/allocations
- IRS Publication 590-A, Contributions to Individual Retirement Arrangements
- IRS Publication 590-B, Distributions from Individual Retirement Arrangements
- NSLLC Privacy Notice
- Nationwide Trust Company (NTC)/NIA Privacy Notice
* Winner of DALBAR's Plan Participant Service Award 2014-2019
Investing involves market risk, including possible loss of principal. No investment strategy or program — including professional account management — guarantee to make a profit or avoid loss. Actual results will vary depending on your investment and market experience.
Nationwide Securities, LLC (“NSLLC”) is an SEC-registered investment advisory firm, that provides advice regarding your investment objectives, financial situation and suitability. Nationwide Investment Advisors, LLC (“NIA”), a SEC-registered investment advisory firm, provides My Investment Planner and ProAccount through NSLLC to Nationwide IRA account holders who are clients of NSLLC. An asset-based fee will be assessed for the investment advisory services provided with Proaccount. Please refer to the NSLLC firm brochure for a description of My Investment Planner and Proaccount, including fees. NSLLC and NIA are affiliated companies.
My Nationwide IRA is offered by Nationwide Trust Company, FSB.