Columbus, OH - Nationwide announced today the launch of enhanced legacy features to the Nationwide Defined Protection Annuity (DPA), a registered index-linked annuity (RILA). Please give us a call at. Losing a Loved One | Notice of Death | Fidelity What are the different ways you can take income from a fixed annuity. Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. our site. Variable annuities have fees and charges that include mortality and expense, administrative fees, contract fees and the expense of the underlying investment options. The Five Best Variable Annuity Rates of July 2023. Nationwide is the only provider who offers a spousal protection death benefit feature on qualified money (IRAs).1. Learn how you can add to your retirement income and save on current taxes by contributing to our 401(k) savings plan. The general distributor is Nationwide Investment Services Corporation, member FINRA. Edge, or Mozilla Firefox. Already using an updated browser and still having trouble? A variable annuity is a contract your clients buy from an insurance company. document.write(new Date().getFullYear()) Nationwide Mutual Insurance Company and affiliated companies, Privacy To obtain prospectuses, call your investment professional, contact Nationwide or click links to prospectuses above. Make the most out of your variable annuity. Contact Us | SecurityBenefit.com Investors should discuss their specific situation with their financial professional. It allows you to create a fixed or variable stream of income through a process called annuitization. It's designed to help accumulate assets to provide income for retirement. Call for claims help PDF NATIONWIDE RETIREMENT PLAN - Nationwide Mutual Insurance Company These pages will walk you through the process of reporting the death of someone covered by the Federal Employees' Group Life Insurance Program. 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. * Offers tax-deferred growth and varied investment choices in retirement. Call a financial professional Schedule an appointment Check on your claim Call our Solutions Center at 1-800-848-6331 weekdays 8 a.m.-8 p.m. Use our planners, analyzers and calculators to help make investment decisions. Please give us a call at. Decide how much you want to put in your annuity. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. 2022, Annexus designs solutions to help Americans grow and protect retirement savings. Issuer and Annuity. There may be a 10% federal tax penalty on withdrawals before age 59. Annuity Solutions This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. Upon the surviving spouse's death, the Death Benefit (including the ROP if applicable) will be paid to the beneficiaries. Do Not Sell or Share My Personal Information. Compatible browsers include recent versions of Google Chrome, Microsoft Terms and conditions NEI Benefit Plans Return of Premium (ROP) Death Benefit Feature - This feature guarantees beneficiaries will receive no less than the original premium invested in the annuity. You may be using an old browser that's unsupported, or settings within your browser that are not compatible with Offers retirement income for those planning for or living in retirement. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities, mutual funds and ETFs; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. Accessibility Either get payments you will not outlive or take your money as you need it. If you have questions about VA Benefits for Survivors, or if you have experienced an issue while interacting with VA we would like to hear from you. These investments can include stocks, bonds, money markets, etc. Office: One Nationwide Plaza, Columbus, OH. Privacy Offers guaranteed lifetime income, despite what the market does. When choosing subaccounts, consider your goals, time horizon and risk tolerance. (PLAIC). Nationwide Destination B 2.0 is a variable annuity thats designed for investors looking for tax-deferred growth and varied investment choices in retirement. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. Individual investors interested in learning more about the benefits of defined protection should contact their financial professional or visit, Nationwide, the Nationwide N and Eagle, Nationwide is on your side and Nationwide Retirement Institute are service marks of Nationwide Mutual Insurance Company. They are not intended to replace emergency funds, to be used as income for day-to-day expenses or to fund short-term savings goals. Please save yourself some frustration, and upgrade your browser in order to view our site. Once the death of an annuitant is reported, the OPM's Retirement Operations Center sends an application for death benefits to the applicable survivor(s). Nationwide Securities, LLC ET, about your investment options. What type of investor are you? What type of investor are you? Neither Nationwide nor our representatives give legal or tax advice. California Consumer Privacy Act Please consult the prospectus for more information on the available index options. document.write(new Date().getFullYear()) Nationwide Mutual Insurance Company and affiliated companies, Privacy Box 182568 Columbus, OH 43218-2568 Overnight Mail Columbus, Ohio 43215-2239 Columbus, Ohio 43215-2239 . Variable annuities allow you to set money aside for a specified time in the future. A Spousal Protection Death Benefit Feature also is available on IRAs. Life & Annuity 1-800-222-1981 Option 1 for Life & Annuity Claims Fund payments to Nationwide Edge, or Mozilla Firefox. Nationwide DPA, which was created with product development partner Annexus, the premier independent designer of indexed retirement solutions, also provides three defined protection levels which limit negative performance. Underlying subaccounts are only available as investment options in variable insurance contracts issued by life insurance companies. Get your ID card now. Variable Annuities - Nationwide Annuity Death benefit guide Nationwide Help protect those who matter most. It is not possible to invest directly in an index. Already using an updated browser and still having trouble? Nationwide variable annuities are annuitant-driven, which gives them more flexibility. Before you invest, please read the prospectus carefully and consider the investment objectives, risks, charges and expenses of the annuity and its underlying investment options before you invest. By adding the feature to your annuity, at no additional cost, you ensure that the surviving spouse has the option to either: Nationwide Destination All American Gold 2.0, Do Not Sell or Share My Personal Information, Receive a guaranteed death benefit, with no surrender charges, as a lump sum payment, or. Investors should discuss their specific situation with their financial professional. Your current browser might limit that experience. Rating. Withdrawals are subject to income tax, and withdrawals before age 59 may be subject to a 10% early withdrawal federal tax penalty. Nationwide Life Insurance Review 2023 Continue the contract at the higher of the death benefit or contract value with all surrender charges waived. Box 182021, Columbus, OH 43218-2021. You may be using an old browser that's unsupported, or settings within your browser that are not compatible with Contact Nationwide Financial - For Financial Professionals For further assistance, please give us a call at 1-888-867-5175. Just provide your phone number, ZIP code and date of birth to access your card. Offers tax-deferred growth and varied investment choices in retirement. That's important since IRAs can have only one account owner with a death benefit that's paid to the contract . 69% Annuity owners are more confident. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. Terms and conditions This is called annuitization. Already using an updated browser and still having trouble? Find out more at www.annexus.com. You can make contributions over time or all at once. The following death benefits are available with Destination B 2.0 annuity. The general distributor for variable products is Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. If you cannot use our online services, we can help you by phone when you call your local Social Security office or our toll-free National 800 Number. If the contract is continued, a new beneficiary can be designated who may receive a death benefit when the surviving spouse passes away. Cyber security Fixed Annuities - Nationwide Destination B 2.0 has optional riders that you can add for an extra cost. A handpicked network of financial professionals use Annexus solutions to help clients take control of their retirement. Guarantees and protections are subject to Nationwide Life Insurance Company's claims-paying ability. SecurePay Life benefits provided by rider form number VDA-P-6057 (PLICO) and VDA-A-6059 . Please give us a call at. Contact an annuity specialist at 866-663-5241. . An annuity beneficiary is an individual or entity designated by the owner of an annuity contract to receive the remaining annuity payments upon the owner's death, provided the contract includes a death-benefit provision. The policies and riders have exclusions, limitations, and/or reductions. Contract/certificate: ICC11-VAC-0117AOCV.1, ICC11-VAC-0117NYCV.1, ICC11-VAR-0145AO.1, ICC11-VAR-0147AO.1, ICC11-VAR-0146AO.1, ICC11-VAR-0181AO, APO-6284. Please see the prospectus for details. Nationwide Annuities for Financial Professionals - Nationwide Financial It will fluctuate in value based on the performance of the underlying investment . For further assistance, please give us a call at 1-888-867-5175. Our client guide helps explain how the Spousal Protection Death Benefit can help you and your spouse provide for each other regardless of who passes away first, even if only one of you owns the contract. Nationwide Life Insurance Company, Nationwide Life and Annuity Company, Nationwide Investment Services Corporation and Nationwide Fund Distributors are separate but affiliated companies. 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. It looks like your web browser has JavaScript disabled. About your 401(k) retirement benefits. And you want to make Please give us a call at 1-888-867-5175 for further assistance. Explore our range of sales materials, client brochures and topic guides for life insurance. Do Not Sell or Share My Personal Information, Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured by any federal government agency May lose value, Were here to help with a tow, jump start and more, Prevent accidents and maintain grain operations, Topics for farmers and agribusiness operators, Debunk the myths that may impact your money-saving ability today, Let a financial professional address your concerns, Give your loved ones peace of mind - for free, Make informed decisions on your coverage to get the most benefits. The Nationwide Retirement Institute is a division of NISC. Please enable JavaScript in your browser to view the site. This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. Cyber security Offers tax-deferred growth and varied investment choices to help prepare you for retirement. Some fixed annuities feature a market value adjustment (MVA) that offers flexibility of various guarantee terms combined with the potential for higher interest yields that traditional fixed investments. Life and annuity products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, Ohio. Annuity-focused sales materials. Nationwide Life Insurance Company Accessibility Help your beneficiaries with the expenses they'll face when they inherit your annuity. Already using an updated browser and still having trouble? You can also download, fill out and fax or email them to the address on the form. The Nationwide Group Retirement Series includes unregistered group fixed and variable annuities issued by Nationwide Life Insurance Company. Nationwide Destination All American Gold 2.0. If the contract contains the Return of Premium Death Benefit, upon the first spouse's death, the Contract Accumulation Value will be set equal to the purchase payment amount (adjusted for withdrawals), if greater. Accessibility Fund payments to Nationwide Terms and conditions The general distributor for variable products is Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. California Consumer Privacy Act Naturally, your death benefit and the cash value of the annuity contract will be reduced if you take any early withdrawals. Once you retire, you can take income from your balance. document.write(new Date().getFullYear()) Nationwide Mutual Insurance Company and affiliated companies, Privacy Deferred variable annuities allow clients and advisors to determine how assets are invested by choosing from a selection of 90+ investments called subaccounts. Payout options. Please give us a call at 1-888-867-5175 for further assistance. It also includes trust programs and trust services offered by Nationwide Trust Company, FSB. It will fluctuate in value. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. The general distributor for variable products is Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured by any federal government agency May lose value, Were here to help with a tow, jump start and more, Prevent accidents and maintain grain operations, Topics for farmers and agribusiness operators, Debunk the myths that may impact your money-saving ability today, Let a financial professional address your concerns, Give your loved ones peace of mind - for free, Make informed decisions on your coverage to get the most benefits, Do Not Sell or Share My Personal Information, Tax-deferred growth potential in the accumulation phase, Death benefits for your loved ones or charities, Tax-free/penalty-free transfers among underlying investment options. Payout options. Available on all death benefits for no additional cost, this feature makes certain that the surviving spouse has the option to receive a guaranteed death benefit or continue the contract at the higher of the death benefit or contract value. We are here to help. Terms and conditions Watch a brief tutorial on how to read your annual retirement statement and get the most from this valuable benefit summary. If you need to report a death or apply for benefits, call 1-800-772-1213 (TTY 1-800-325-0778). "U.S. Read the prospectuses carefully before investing. Contact Nationwide Financial Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Decide how you want to receive payments from your fixed annuity. The general distributor for variable products is Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. NFW-5101AO.6. The Nationwide Group Retirement Series includes unregistered group fixed and variable annuities issued by Nationwide Life Insurance Company. Spousal Protection Feature Rider for Financial Professionals 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. Already using an updated browser and still having trouble? A quick word about your web browser We've designed nationwidefinancial.com to provide you with the best online experience. . It will fluctuate in value based on the performance of the underlying investment options. [1] Each adjustment for amounts subsequently surrendered will reduce the death benefit in the same proportion the contract value was reduced on the date of the partial surrender. Age limits and costs vary depending on the contract. [2] VARDS/Morningstar (2016). Different options for how you want to receive income. Call 1-877-245-0761 for sales or 1-800-848-6331 for service What is a deferred variable annuity? Cyber security PDF Death Benefits Don't know your policy or contract number? Annuities As a result, the death benefit will go to the surviving spouse, no matter which spouse passes away first. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. Get a form for a beneficiary change or to set up or change a recurring electronic funds transfer. Please give us a call at. company. Nationwide Life Insurance Company, Nationwide Life and Annuity Company, Nationwide Investment Services Corporation and Nationwide Fund Distributors are separate but affiliated companies. See how an annuity has helped people like you add certainty to their retirement income plans. Risk tolerance. Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide Funds Group and Nationwide Retirement Institute are service marks of Nationwide Mutual Insurance Company. Pacific Life's Pacific Odyssey . request that includes an annuity purchase, and you die before annuity payments begin, the amount used to purchase the annuity will be returned to the TSP . This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. Talk with your insurance professional or one of our life insurance specialists today at 1-855-863-9639 for a no-obligation quote. The two new death benefit features, which are available at no extra cost, are uniquely positioned to fit the emerging needs of financial professionals and their clients in todays challenging economic environment. A variable annuity is a contract you buy from an insurance company. Use our planners, analyzers and calculators to help make investment decisions. (You'll have to pay tax on earnings once you start taking income, though.). Nationwide, the Nationwide N and Eagle and other marks 3 DPA also features a variety of index strategies that can offer upside potential and be tailored to fit a broad range of investment objectives. File a claim | Lincoln Financial A quick word about your web browser We've designed nationwidefinancial.com to provide you with the best online experience.
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