Accumulation
Unit – An accounting unit of measure used to calculate the Contract Value allocated to the Variable
Account before the Annuitization Date. |
Annuitant
– The person(s) whose length of
life determines how long annuity payments are paid. The Annuitant must
be living on the date the contract is issued. |
Annuitization
Date – The date on which annuity
payments begin. |
Annuity Commencement Date – The date on which annuity payments are
scheduled to begin. |
Annuity Unit
– An accounting unit of measure used to calculate the value of variable annuity payments. |
Charitable Remainder Trust – A trust meeting the requirements of Section
664 of the Internal Revenue Code. |
Co-Annuitant
– The person designated by the
Contract Owner to receive the benefit associated with the Spousal
Protection Annuity Option. |
Contingent
Annuitant – The individual who
becomes the Annuitant if the Annuitant dies before the Annuitization Date. |
Contract
Anniversary – Each recurring
one-year anniversary of the date the contract was issued. |
Contract
Owner(s) – The person(s) who owns all rights under the contract. |
Contract
Value – The value of all Accumulation Units in a contract plus any amount held in the Fixed Account, the
GTOs (including PPCs), and the collateral fixed account.
|
Contract
Year – Each year the contract is in force beginning with the date the contract is issued. |
Current Income Benefit Base – For purposes of the 10% Nationwide Lifetime Income Rider, 7% Nationwide Lifetime
Income Rider, and 5% Nationwide Lifetime Income Rider, it is equal to the Original Income Benefit Base adjusted
throughout the life of the contract to account for subsequent purchase payments, excess
withdrawals, and reset opportunities. This amount is multiplied by the
Lifetime Withdrawal Percentage to arrive at the Lifetime Withdrawal Amount for any given year. |
Daily
Net Assets – A figure that is
calculated at the end of each Valuation Date and represents the sum of all
the Contract Owners interests in the Sub-Accounts after the deduction of underlying mutual fund expenses. |
Fixed
Account – An investment option that is funded by Nationwide's General Account. Amounts allocated to the Fixed Account will receive periodic interest subject to a guaranteed minimum crediting
rate. |
General
Account – All assets of Nationwide other than those of the Variable Account or in other separate accounts of Nationwide. |
Guaranteed
Term Options("GTOs") – Investment options that provide a guaranteed fixed interest rate paid over
specific term duration and contain a market value adjustment feature. Guaranteed Term
Option is referred to as Target Term Option in certain state
jurisdictions. |
Individual Retirement Account – An account that qualifies for favorable tax treatment under Section 408(a) of the
Internal Revenue Code, but does not include Roth IRAs. |
Individual Retirement Annuity or IRA – An annuity contract that qualifies for
favorable tax treatment under Section 408(b) of the Internal Revenue
Code, but does not include Roth IRAs or Simple IRAs. |
Investment-Only Contract – A contract purchased by a qualified pension,
profit-sharing, or stock bonus plan as defined by Section 401(a) of the
Internal Revenue Code. |
Lifetime
Withdrawal – For purposes of the
10% Nationwide Lifetime Income Rider, 7% Nationwide Lifetime Income
Rider, and 5% Nationwide Lifetime Income Rider, it is a withdrawal of all or a portion
of the Lifetime Withdrawal Amount. |
Lifetime Withdrawal Amount – For purposes of the 10% Nationwide Lifetime
Income Rider, 7% Nationwide Lifetime Income Rider, and 5% Nationwide
Lifetime Income Rider, the maximum amount that can be withdrawn between
Contract Anniversaries without reducing the Current Income Benefit Base. It is calculated annually, on each Contract
Anniversary, by multiplying the Current Income Benefit Base by the Lifetime Withdrawal Percentage. |
Lifetime Withdrawal Percentage – An age-based percentage used to determine the
Lifetime Withdrawal Amount
under the 10% Nationwide Lifetime Income Rider, 7% Nationwide Lifetime Income Rider,
and 5% Nationwide Lifetime Income Rider. The applicable percentage is
multiplied by the Current Income Benefit Base to arrive at the
Lifetime Withdrawal Amount for any given year. |
Monthly Contract Anniversary – Each recurring one-month anniversary of the date the contract was issued. |
Nationwide
– Nationwide Life Insurance
Company. |
Net
Asset Value – The value of one share of an underlying mutual fund at the close of regular trading on the New
York Stock Exchange. |
Non-Qualified Contract – A contract which does not qualify for favorable tax treatment as a Qualified
Plan, IRA, Roth
IRA,
SEP IRA, Simple IRA, or Tax Sheltered Annuity. |
Original Income Benefit Base – For purposes of the 10% Nationwide Lifetime Income Rider, 7% Nationwide Lifetime
Income Rider, and 5% Nationwide Lifetime Income Rider, the initial benefit base
calculated on the date the option is elected, which is equal to the
Contract Value. |
Qualified
Plan – A retirement plan that receives favorable tax treatment under Section 401 of the Internal Revenue
Code, including Investment-Only Contracts. In this prospectus, all provisions applicable to Qualified Plans also apply
to Investment-Only Contracts unless specifically stated otherwise. |
Roth
IRA – An annuity contract that qualifies for favorable tax treatment under Section 408A of the Internal Revenue
Code. |
SEC – Securities and Exchange
Commission. |
SEP
IRA – An annuity contract which qualifies for favorable tax treatment under Section 408(k) of the Internal
Revenue Code. |
Service
Center – The department of Nationwide responsible for receiving all service and transaction requests relating to the contract. For service and transaction requests submitted other than by telephone (including fax requests), the
Service Center is Nationwide's mail and document processing facility. For service and transaction requests communicated by telephone, the Service Center is Nationwide's operations processing facility. Information on how to contact the Service Center is in the Contacting the Service Center provision. |
Simple
IRA – An annuity contract which qualifies for favorable tax treatment under Section 408(p) of the Internal
Revenue Code. |
Sub-Accounts
– Divisions of the Variable Account, each of which invests in a single underlying mutual fund. |
Target
Term Option – Investment options that are, in all material respects, the same as Guaranteed Term Options. All
references in this prospectus to Guaranteed Term Options will also mean Target Term Options (in applicable
jurisdictions). |
Tax
Sheltered Annuity – An annuity
that qualifies for favorable tax treatment under Section 403(b) of the Internal Revenue Code. The Tax Sheltered Annuities sold under this prospectus are not available in connection with
investment plans that are subject to ERISA. |
Valuation
Date – Each day the New York Stock Exchange is open for business or any other day during which there is
a sufficient degree of trading such that the current Net Asset Value of the underlying mutual fund shares might be
materially affected. Values of the Variable Account are determined as of the close of regular trading on the New
York Stock Exchange, which generally closes at 4:00 p.m.
EST. |
Valuation
Period – The period of time commencing at the close of a Valuation
Date and ending at the close of regular trading on the New York Stock Exchange for the next succeeding Valuation
Date. |
Variable Account – Nationwide Variable Account-II, a separate
account that Nationwide established to hold Contract
Owner assets allocated to variable investment options. The Variable Account is divided into Sub-Accounts, each of
which invests in a separate underlying mutual fund. |
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FEES AND EXPENSES
(see Fee Table
and Charges and
Deductions) | |||
Charges for Early
Withdrawals |
If the Contract Owner withdraws money from the contract within 7 years following his/her
last purchase payment, a Contingent Deferred Sales Charge (or "CDSC")
may apply (see Contingent Deferred Sales
Charge). The CDSC is used to recoup sales and other expenses associated with the contract that Nationwide incurs during the early years of the
contract. The CDSC will not exceed 7% of the amount of purchase payments withdrawn,
declining to 0% over 7 years.
For example, for a contract with a $100,000 investment, a withdrawal taken during
the CDSC period could result in a CDSC of up to $7,000.
| ||
Transaction Charges |
Nationwide also charges a loan processing fee at the time each new loan is processed (see Loan Privilege). | ||
Ongoing Fees and
Expenses (annual
charges) |
The table below describes the fees and expenses that you may pay each year,
depending on the options chosen. Please refer to your contract
specifications page for information about the specific fees you will
pay each year based on the options you have elected. | ||
Annual Fee |
Minimum |
Maximum | |
Base Contract |
1.10%1 |
1.13%1 | |
Investment options (underlying mutual fund fees
and expenses) |
0.41%2 |
4.26%2 | |
Optional benefits available for an additional
charge (for a single optional benefit, if elected) |
0.10%3 |
1.20%3 | |
1 As a percentage of Daily Net Assets, plus a percentage attributable to the Contract
Maintenance Charge.
2 As a percentage of underlying mutual fund assets. 3 As a percentage of Daily Net Assets or Current
Income Benefit Base, depending on the optional benefit(s)
elected. | |||
Because each contract is customizable, the options elected affect how much each
Contract Owner will pay. To help you understand the cost of owning the
contract, the following table shows the lowest and highest cost a
Contract Owner could pay each year,
based on current charges. This estimate assumes that no withdrawals are taken from
the contract, which could add a CDSC that substantially increases costs.
| |||
Lowest Annual Cost Estimate:
$1,411.42 |
Highest Annual Cost Estimate:
$6,480.49 | ||
Assumes:
• Investment of $100,000 • 5% annual appreciation
• Least expensive underlying mutual fund fees and expenses • No optional benefits
• No CDSC • No additional purchase payments, transfers or
withdrawals |
Assumes: • Investment of $100,000
• 5% annual appreciation • Most expensive combination of
optional benefits and underlying
mutual fund fees and expenses
• No CDSC • No additional purchase payments,
transfers or withdrawals |
RISKS | |
Risk of Loss |
Contract Owners of variable annuities can lose money by investing in the contract,
including loss of principal (see Principal Risks). |
RISKS | |
Not a Short-Term
Investment |
The contract is not a short-term investment and is not appropriate for an investor
who needs ready access to cash. Nationwide has designed the contract to offer features,
pricing, and investment options that encourage long-term ownership (see Principal Risks).
A CDSC may apply for up to 7 years following the last purchase payment and could
reduce the value of the contract if purchase payments are withdrawn
during that time (see Contingent Deferred Sales
Charge). The benefits of tax deferral and living benefit protections also mean that the contract is more beneficial to investors with a long time
horizon (see Principal Risks). |
Risks Associated with
Investment Options |
• Investment in this contract is subject to the risk of poor investment performance of the
investment options chosen by the Contract Owner.
• Each investment option (including the Fixed Account and Guaranteed Term Options) has its own unique risks. • Review the prospectuses and disclosures for the investment options before
making an investment decision.
See Principal Risks. |
Insurance Company Risks |
Investment in the contract is subject to the risks associated with Nationwide, including that
any obligations (including interest payable for allocations to the Fixed Account and
Guaranteed Term Options), guarantees, or benefits are subject to the claims-paying ability of Nationwide. More information about Nationwide, including its financial strength ratings, is available by contacting Nationwide at the address and/or toll-free phone number indicated in Contacting the Service Center (see Principal Risks). |
RESTRICTIONS |
|
Investments |
• Nationwide reserves the right to add, remove, and substitute investment options
available under the contract (see The Sub-Accounts and Underlying Mutual Funds).
• Allocations to the Fixed Account may not be transferred to another investment option except at the end of a Fixed Account interest rate guarantee period (see The Fixed Account). • Allocations to the Guaranteed Term Options that are transferred to another investment
option prior to maturity are subject to a market value adjustment (see Guaranteed Term Options).
• Allocations to the Guaranteed Term Options may not be transferred to another available investment option during the Capital Preservation Plus program period (see Capital Preservation Plus Option).
• Not all investment options may be available under your contract (see
Appendix A: Underlying Mutual Funds Available Under the Contract).
• Transfers between Sub-Accounts are subject to policies designed to deter short-term and excessively frequent transfers. Nationwide may restrict the form in which transfer requests will be accepted (see Transfer Restrictions). |
Optional Benefits |
• Certain optional benefits limit or restrict the investment options
available for investment. • Nationwide reserves the right to discontinue offering any optional benefit. Such a
discontinuance will only apply to new contracts and will not impact
any contracts already in force.
• For certain optional benefits, Nationwide reserves the right to refuse or limit subsequent purchase payments. • For certain optional benefits, a Contract Owner’s ability to continue to receive certain
benefits is contingent on a Contract Owner’s agreement to new terms and conditions.
• For certain optional benefits, while withdrawals are not restricted, the impact of certain
withdrawals could have a negative impact on the amount of the benefit ultimately
available.
• For certain optional benefits, certain withdrawals could negatively impact the amount of
the benefit by an amount greater than the amount withdrawn and/or could terminate
the optional benefit.
See Benefits Under the Contract. |
TAXES | |
Tax Implications |
• Consult with a tax professional to determine the tax implications of an investment in and
payments received under this contract.
• If the contract is purchased through a tax-qualified plan or IRA, there is no additional tax
deferral.
• Earnings in the contract are taxed at ordinary income tax rates at the time of
withdrawals and there may be a tax penalty if withdrawals are taken before the
Contract Owner reaches age 59½.
See Appendix B: Contract Types and Tax Information. |
CONFLICTS OF INTEREST | |
Investment Professional
Compensation |
Some financial professionals receive compensation for selling the contract.
Compensation can take the form of commission and other indirect
compensation in that Nationwide may
share the revenue it earns on this contract with the financial professional’s
firm. This conflict of interest may influence a financial
professional, as these financial professionals may have a financial
incentive to offer or recommend this contract over another investment
(see Distribution, Promotional, and Sales Expenses). |
Exchanges |
Some financial professionals may have a financial incentive to offer an investor a new
contract in place of the one he/she already owns. An investor should only exchange
his/her contract if he/she determines, after comparing the features,
fees, and risks of both contracts, that it is preferable for him/her
to purchase the new contract, rather than to continue to own the
existing one (see Replacements and Distribution, Promotional, and Sales Expenses). |
Transaction Expenses | |
Maximum Contingent Deferred Sales Charge ("CDSC") (as a percentage of
purchase payments surrendered) |
7% |
Number of Completed Years from Date of Purchase Payment |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
CDSC Percentage |
7% |
7% |
6% |
5% |
4% |
3% |
2% |
0% |
Loan Processing Fee |
$251
|
Annual Contract Expenses | |
Annual Loan Interest Charge (assessed as a reduction to the credited
interest rate) |
2.25%2
|
Maximum Administrative
Expense3 |
$30 |
Base Contract Expenses4 (assessed as an annualized percentage of the Daily Net Assets) |
1.10% |
Optional Benefit Expenses5
|
|
Optional Death Benefits6 (assessed as an annualized percentage of Daily Net Assets) |
|
One-Year Enhanced Death Benefit II Option Charge |
0.15%7
|
One-Year Enhanced Death Benefit Option Charge (available until September
1, 2004 or until state approval is received for the One-Year Enhanced Death
Benefit II Option) |
0.10% |
One-Month Enhanced Death Benefit II Option Charge |
0.35%8
|
One-Month Enhanced Death Benefit Option Charge (available until September
1, 2004 or until state approval is received for the One-Month Enhanced
Death Benefit II Option) |
0.30% |
Combination Enhanced Death Benefit II Option Charge |
0.45%9
|
Combination Enhanced Death Benefit Option Charge (available until
September 1, 2004 or until state approval is received for the Combination
Enhanced Death Benefit II Option) |
0.40%10
|
Spousal Protection Annuity Option Charge (assessed as an annualized
percentage of Daily Net Assets) |
0.20% |
Beneficiary Protector II Option Charge (assessed as an annualized
percentage of Daily Net Assets) |
0.35%11
|
In addition to the charge assessed to Variable Account allocations, allocations made to the Fixed Account or to the
Guaranteed Term Options will be assessed a fee of 0.35%. |
|
Extra Value Option Charge (assessed as an annualized percentage of Daily
Net Assets) |
0.45%12
|
In addition to the charge assessed to Variable Account allocations, allocations made to the Fixed Account and the
Guaranteed Term Options for the first seven Contract Years will be assessed a fee of
0.45%. |
|
Capital Preservation Plus Lifetime Income Option Charge13 (assessed as an annualized percentage of Daily Net
Assets) |
1.00%14
|
In addition to the charge assessed to Variable Account allocations, allocations made to the Guaranteed Term Options
or Target Term Options will be assessed a fee of no more than 1.00%. |
|
Capital Preservation Plus Option Charge (assessed as an annualized
percentage of Daily Net Assets) (no longer available) |
0.50% |
In addition to the charge assessed to Variable Account allocations, allocations made to the Guaranteed Term Options
or Target Term Options will be assessed a fee of 0.50%. |
|
Living Benefit Options15 (assessed annually as a percentage of Current Income
Benefit Base16) |
|
Maximum 5% Nationwide Lifetime Income Rider Option Charge (only available
in NY) |
1.00%17
|
Joint Option for the 5% Nationwide Lifetime Income Rider Option Charge
(this is in addition to the charge for the 5% Nationwide Lifetime Income Rider option) (only available in NY) |
0.15% |
Annual Contract Expenses | |
Maximum 7% Nationwide Lifetime Income Rider Option Charge (not available
in NY) |
1.00%18
|
Joint Option for the 7% Nationwide Lifetime Income Rider Option Charge
(this is in addition to the charge for the 7% Nationwide Lifetime Income Rider option) (not available in NY) |
0.15% |
Maximum 10% Nationwide Lifetime Income Rider Option Charge |
1.20%19
|
Maximum Joint Option for the 10% Nationwide Lifetime Income Rider Option Charge (this is in addition to the charge for the 10% Nationwide Lifetime Income Rider option) (not available in NY) |
0.30%20
|
Annual Underlying Mutual Fund Expenses | ||
|
Minimum |
Maximum |
(Expenses that are deducted from underlying mutual fund assets, including
management fees, distribution and/or service (12b-1) fees, and other
expenses, as a percentage of average underlying mutual fund net
assets.) |
0.41% |
4.26% |
|
If the contract is surrendered at the end of the applicable time
period |
If the contract is annuitized at the end of the applicable time
period |
If the contract is not surrendered | |||||||||
|
1 Yr. |
3 Yrs. |
5 Yrs. |
10 Yrs. |
1 Yr. |
3 Yrs. |
5 Yrs. |
10 Yrs. |
1 Yr. |
3 Yrs. |
5 Yrs. |
10 Yrs. |
Maximum Annual Underlying
Mutual Fund
Expenses (4.26%) |
$15,757 |
$30,296 |
$43,616 |
$74,155 |
* |
$25,296 |
$40,616 |
$74,155 |
$8,757 |
$25,296 |
$40,616 |
$74,155 |
Minimum Annual Underlying
Mutual Fund
Expenses (0.41%) |
$11,715 |
$19,184 |
$26,707 |
$47,755 |
* |
$14,184 |
$23,707 |
$47,755 |
$4,715 |
$14,184 |
$23,707 |
$47,755 |
Number of Completed Years from Date of Purchase Payment |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
7+ |
CDSC
Percentage |
7% |
7% |
6% |
5% |
4% |
3% |
2% |
0% |
Example: |
On a contract where the only optional benefit elected is the Extra Value Option, the Variable
Account value will be calculated using unit values with Variable Account charges of
1.55% for the first seven Contract Years. At the end of that period, the
charge associated with the Extra Value Option will be removed. From that
point on, the Variable Account value will be calculated using the unit
values with Variable Account charges at 1.10%. Thus, the Extra Value
Option charge is no longer included in the daily Sub-Account valuation for the contract. |
Example: |
Sub-Account X with charges of 1.55% will have a lower unit value than Sub-Account X with
charges of 1.10% (higher expenses result in lower unit values). When, upon re-rating,
the unit values used in calculating Variable Account value are dropped
from the higher expense level to the lower expense level, the higher unit
values will cause an incidental increase in the Contract Value. In order
to avoid this incidental increase, Nationwide adjusts the number of units
in the contract down so that the Contract Value after the re-rating is the same as the Contract Value before the re-rating. |
Name of Benefit |
Purpose |
Maximum
Fee |
Brief Description of Restrictions/Limitations
|
Purchase Payment
Credits |
Additional credits on
aggregate purchase
payment amounts |
None |
• Requires notification to Nationwide of assets outside the contract • Subject to recapture in certain circumstances |
Standard Death Benefit
(Five-Year Enhanced
Death Benefit) |
Death benefit upon
death of Annuitant prior
to Annuitization |
None |
• Certain ownership changes and assignments could reduce the death benefit • Nationwide may limit purchase payments to
$1,000,000
• Death benefit calculation is adjusted if purchase payments exceed $3,000,000 |
Asset Rebalancing (see
Contract Owner
Services) |
Automatic reallocation
of assets on a
predetermined
percentage basis |
None |
• Assets in the Fixed Account and GTOs are excluded from the program |
Dollar Cost Averaging
(see Contract Owner Services) |
Long-term transfer
program involving
automatic transfer of
assets |
None |
• Transfers are only permitted from the Fixed Account and a limited number of Sub-Accounts • Transfers may not be directed to the Fixed Account
or GTOs
• Transfers from the Fixed Account must be equal to or less than 1/30th of the Fixed Account value at the time the program is requested |
Enhanced Fixed
Account Dollar Cost
Averaging (see Contract Owner Services) |
Long-term transfer
program involving
automatic transfer of
Fixed Account
allocations with higher
interest crediting rate |
None |
• Transfers are only permitted from the Fixed Account • Only new purchase payments to the contract are
eligible for the program
• Transfers may not be directed to the Fixed Account or GTOs |
Dollar Cost Averaging
for Living Benefits (see
Contract Owner
Services) |
Long-term transfer
program involving
automatic transfer of
assets |
None |
• Only available for contracts that elect a living benefit • Transfers are only permitted from the Fixed Account
• Only new purchase payments to the contract are eligible for the program • Only those investment options available with the
elected living benefit are eligible for the program
• Once elected, no transfers among or between Sub- Accounts are permitted until the program is completed or terminated |
Fixed Account Interest
Out Dollar Cost
Averaging (see Contract Owner Services) |
Automatic transfer of
interest earned on Fixed
Account allocations |
None |
• Transfers may not be directed to the Fixed Account
or GTOs |
Name of Benefit |
Purpose |
Maximum
Fee |
Brief Description of Restrictions/Limitations
|
Systematic Withdrawals
(see Contract Owner Services) |
Automatic withdrawals
of Contract Value on a
periodic basis |
None |
• Withdrawals must be at least $100 each |
Custom Portfolio Asset
Rebalancing Service
(see Contract Owner Services) |
Customizable asset
allocation tool with
automatic reallocation
on a periodic basis |
None |
• Only available for contracts that elect Capital Preservation Plus Option or a living benefit. • During the program, cannot participate in other
asset allocation or asset rebalancing programs
• Allocation limitations exist based on asset allocation models with distinct investment goals |
Static Asset Allocation
Model (see Contract Owner Services) |
Preset asset allocation
models with periodic
rebalancing |
None |
• Only available for contracts that elect Capital
Preservation Plus Option or a living benefit
• Availability may be restricted based on the living benefit elected • The entire Contract Value must be allocated to the
elected model |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
Loans (see Loan Privilege) |
Loan from Contract
Value |
$25 Loan
Processing
Fee and
2.25%
compound
interest on
outstanding
loan balance |
$25 Loan
Processing
Fee and
2.25%
compound
interest on
outstanding
loan balance |
• Only available to owners of Tax Sheltered Annuities • Subject to terms of the Tax
Sheltered Annuity plan
• Minimum and maximum loan amounts apply • Loans must be repaid within a
specified period
• Loan payments must be made at least quarterly |
One-Year Enhanced
Death Benefit II Option |
Enhanced death benefit |
0.15% (Daily
Net Assets) |
0.15% (Daily
Net Assets) |
• Annuitant must be 80 or younger at
application
• May not be elected if another death benefit option is elected • Must be elected at application
• Election is irrevocable • Certain ownership changes and
assignments could reduce the death
benefit
• Nationwide may limit purchase payments to $1,000,000 • Death benefit calculation is adjusted
if purchase payments exceed
$3,000,000 |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
One-Year Enhanced
Death Benefit Option |
Enhanced death benefit |
0.10% (Daily
Net Assets) |
0.10% (Daily
Net Assets) |
• Limited availability • May not be elected if another death
benefit option is elected
• Must be elected at application • Election is irrevocable
• Certain ownership changes and assignments could reduce the death benefit • Nationwide may limit purchase
payments to $1,000,000
• Death benefit calculation is adjusted if purchase payments exceed $3,000,000 |
One-Month Enhanced
Death Benefit II Option |
Enhanced death benefit |
0.35% (Daily
Net Assets) |
0.35% (Daily
Net Assets) |
• Annuitant must be 80 or younger at application • May not be elected if another death
benefit option is elected
• Must be elected at application • Election is irrevocable
• Certain ownership changes and assignments could reduce the death benefit • Nationwide may limit purchase
payments to $1,000,000
• Death benefit calculation is adjusted if purchase payments exceed $3,000,000 |
One-Month Enhanced
Death Benefit Option |
Enhanced death benefit |
0.20% (Daily
Net Assets) |
0.20% (Daily
Net Assets) |
• Limited availability • May not be elected if another death
benefit option is elected
• Must be elected at application • Election is irrevocable
• Certain ownership changes and assignments could reduce the death benefit • Nationwide may limit purchase
payments to $1,000,000
• Death benefit calculation is adjusted if purchase payments exceed $3,000,000 |
Combination Enhanced
Death Benefit II Option |
Enhanced death benefit |
0.45% (Daily
Net Assets) |
0.45% (Daily
Net Assets) |
• Annuitant must be 75 or younger at
application
• May not be elected if another death benefit option is elected • Must be elected at application
• Election is irrevocable • Certain ownership changes and
assignments could reduce the death
benefit
• Nationwide may limit purchase payments to $1,000,000 • Death benefit calculation is adjusted
if purchase payments exceed
$3,000,000 |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
Combination Enhanced
Death Benefit Option |
Enhanced death benefit |
0.40% (Daily
Net Assets) |
0.40% (Daily
Net Assets) |
• Limited availability • Annuitant must be 80 or younger at
application
• May not be elected if another death benefit option is elected • Must be elected at application
• Election is irrevocable • Certain ownership changes and
assignments could reduce the death
benefit
• Nationwide may limit purchase payments to $1,000,000 • Death benefit calculation is adjusted
if purchase payments exceed
$3,000,000 |
Spousal Protection
Annuity Option |
Second death benefit |
0.20% (Daily
Net Assets) |
0.20% (Daily
Net Assets) |
• Not applicable to Charitable Remainder Trusts • Must be elected at application
• Election is irrevocable • One or both spouses (or a revocable
trust of which either or both of the
spouses is/are grantor(s)) must be
named as the Contract Owner
• For contracts issued as an IRA or Roth IRA, only the person for whom the IRA or Roth IRA was established may be named as the Contract Owner • Only available to Contract Owner’s
spouse
• Spouses must be Co-Annuitants • Both spouses must be 85 or younger
at contract issuance
• Spouses must be named as beneficiaries • No other person may be named as
Contract Owner, Annuitant, or
primary beneficiary
• If the Contract Owner requests to add a Co-Annuitant after contract issuance, the date of marriage must be after the contract issue date and Nationwide will require the Contract Owner to provide a copy of the marriage certificate • Benefit is forfeited if certain changes
to the parties or assignments are
made |
Beneficiary Protector II
Option |
Payment of an amount
that could be used to
pay taxes assessed on
death benefit proceeds |
0.35% (Daily
Net Assets
and Fixed
Account
interest
credited and
GTO
guaranteed
rate of
return) |
0.35% (Daily
Net Assets
and Fixed
Account
interest
credited and
GTO
guaranteed
rate of
return) |
• Must be elected at application
• Election is irrevocable • Annuitant must be 75 or younger at
application |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
Extra Value Option |
Additional money is
deposited to the
contract (bonus credits) |
0.45% (Daily
Net Assets,
Fixed
Account
interested
credited, and
GTO
guaranteed
rate of
return) |
0.45% (Daily
Net Assets,
Fixed
Account
interested
credited, and
GTO
guaranteed
rate of
return) |
• Must be elected at application • Election is irrevocable
• Not available if a living benefit option is elected • Bonus credit only applies to deposits
made during the first Contract Year
• Bonus credits are subject to recapture under certain circumstances • Fixed Account allocations may be
restricted under certain
circumstances |
Capital Preservation
Plus Lifetime Income
Option |
Principal protection and
guaranteed lifetime
income stream |
1.00% (Daily
Net Assets
and GTO
guaranteed
rate of
return) |
0.75% (Daily
Net Assets
and GTO
guaranteed
rate of
return) |
• Limited availability • May not be elected if another living
benefit is elected
• Restrictions on termination apply • Not available for beneficially owned
contracts
• Investment restrictions apply • Not available if a loan is outstanding
• No new loans are permitted • Additional purchase payments are
not permitted during the program
period
• Enhanced Fixed Account Dollar Cost Averaging is not available • Surrenders cannot be taken
exclusively from the GTO during the
program period
• Transfers to and from the GTO are not permitted during the program period • Current charge could change
• Determining life must be at 35 or older at the time of election • Determining life cannot be changed |
Capital Preservation
Plus Option |
Principal protection |
0.50% (Daily
Net Assets
and GTO
guaranteed
rate of
return) |
0.50% (Daily
Net Assets
and GTO
guaranteed
rate of
return) |
• No longer available
• Must be elected at application • Investment restrictions apply
• Not available if a loan is outstanding • No new loans are permitted
• Additional purchase payments are not permitted during the program period • Enhanced Fixed Account Dollar Cost
Averaging is not available
• Surrenders cannot be taken exclusively from the GTO • Transfers to and from the GTO are
not permitted during the program
period
• Restrictions on termination apply |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
5% Nationwide Lifetime
Income Rider |
Guaranteed lifetime
income stream |
1.00%
(Current
Income
Benefit
Base) |
0.85%
(Current
Income
Benefit
Base) |
• Limited availability • May not be elected if another living
benefit is elected
• Election is irrevocable • Not available for beneficially owned
contracts
• Investment limitations • Current charge could change
• Subsequent purchase payment limitations • Determining life must be between 45
and 85 at application
• Determining life cannot be changed |
Joint Option for the 5%
Nationwide Lifetime
Income Rider |
Extension of
guaranteed lifetime
income stream for
spouse |
0.15%
(Current
Income
Benefit
Base) |
0.15%
(Current
Income
Benefit
Base) |
• Limited availability • Only available if the 5% Nationwide
Lifetime Income Rider option is
elected
• Must be elected at application • Limitations on revocability
• Not available for beneficially owned contracts • Not available for Charitable
Remainder Trusts
• Only available to Contract Owner’s spouse • Both spouses must be between 45
and 85 at application
• Restrictions exist on the parties named to the contract |
7% Nationwide Lifetime
Income Rider |
Guaranteed lifetime
income stream |
1.00%
(Current
Income
Benefit
Base) |
0.95%
(Current
Income
Benefit
Base) |
• Limited availability
• May not be elected if another living benefit is elected • Must be elected at application
• Election is irrevocable • Not available for beneficially owned
contracts
• Investment limitations • Current charge could change
• Subsequent purchase payment limitations • Determining life must be between 45
and 85 at application
• Determining life cannot be changed |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
Joint Option for the 7%
Nationwide Lifetime
Income Rider |
Extension of
guaranteed lifetime
income stream for
spouse |
0.15%
(Current
Income
Benefit
Base) |
0.15%
(Current
Income
Benefit
Base) |
• Limited availability • Only available if the 7% Nationwide
Lifetime Income Rider option is
elected
• Must be elected at application • Limitations on revocability
• Not available for beneficially owned contracts • Not available for Charitable
Remainder Trusts
• Only available to Contract Owner’s spouse • Both spouses must be between 45
and 85 at application
• Restrictions exist on the parties named to the contract |
10% Nationwide
Lifetime Income Rider |
Guaranteed lifetime
income stream |
1.20%
(Current
Income
Benefit
Base) |
1.00%
(Current
Income
Benefit
Base) |
• May not be elected if another living benefit is elected • Must be elected at application
• Election is irrevocable • Not available for beneficially owned
contracts
• Not available if a loan is outstanding • Investment limitations
• Current charge could change • Subsequent purchase payment
limitations
• Determining life must be between 45 and 85 at application • Determining life cannot be changed |
Joint Option for the 10%
Nationwide Lifetime
Income Rider |
Extension of
guaranteed lifetime
income stream for
spouse |
0.30%
(Current
Income
Benefit
Base) |
0.20%
(Current
Income
Benefit
Base) |
• Limited availability
• Only available if the 10% Nationwide Lifetime Income Rider option is elected • Must be elected at application
• Limitations on revocability • Not available for beneficially owned
contracts
• Not available for Charitable Remainder Trusts • Only available to Contract Owner’s
spouse
• Both spouses must be between 45 and 85 at application • Restrictions exist on the parties
named to the contract |
If Cumulative Purchase Payments are |
Then the PPC% is | |
$0 -
$499,999 |
0.0% |
(no PPC
is payable) |
$500,000 - $999,999 |
0.5% |
|
$1,000,000 or more |
1.0% |
|
Example: |
On March 1, Ms. Z makes an initial deposit of $200,000 to her contract. Her contract is the
only one eligible to receive PPCs. For this deposit, she does not receive a PPC since
her Cumulative Purchase Payments are less than $500,000.
|
On April 1, Ms. Z applies additional purchase payments of $350,000. Cumulative Purchase
Payments now equal $550,000. Nationwide will apply PPCs to Ms. Z's contract equal to
$2,750, which is (0.5% x $550,000) - $0. |
On May 1, Ms. Z takes a withdrawal of $150,000. Cumulative Purchase Payments now
equal $400,000. |
On June 1, Ms. Z applies additional purchase payments of $500,000. Cumulative Purchase
Payments now equal $900,000. Nationwide will apply PPCs to Ms. Z's contract equal to
$1,750, which is ($900,000 x 0.5%) - $2,750. At this point in time, a
total of $4,500 in PPCs have been applied to Ms. Z's
contract. |
On July 1, Ms. Z applies additional purchase payments of $300,000. Cumulative Purchase
Payments now equal $1,200,000. Nationwide will apply PPCs to Ms. Z's contract equal to
$7,500, which is ($1,200,000 x 1.0%) - $4,500. At this point in time, a
total of $12,000 in PPCs have been applied to Ms. Z's
contract |
Example: |
For an example of how the Standard Death Benefit (Five-Year Enhanced Death Benefit) is
calculated, see Appendix C: Standard Death Benefit (Five-Year Enhanced Death Benefit)
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any five-year Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment
for amounts subsequently withdrawn, plus purchase payments received after that five-year Contract
Anniversary. |
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | ||
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
Standard Death Benefit (Five-Year Enhanced Death Benefit). On the date of Ms. P’s
death, her Contract Value = $3,500,000, her total purchase payments =
$4,000,000, and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or
0.75, and the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the One-Year Enhanced Death Benefit II Option is calculated, see
Appendix D: One-Year Enhanced Death Benefit II Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for
amounts subsequently withdrawn, plus purchase payments received after that Contract
Anniversary. |
|
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | |
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
One-Year Enhanced Death Benefit II Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the One-Year Enhanced Death Benefit Option is calculated, see
Appendix E: One-Year Enhanced Death Benefit Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for
amounts subsequently withdrawn, plus purchase payments received after that Contract
Anniversary. |
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | ||
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
One-Year Enhanced Death Benefit Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the One-Month Enhanced Death Benefit II Option is calculated, see
Appendix F: One-Month Enhanced Death Benefit II Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any Monthly Contract Anniversary prior to the Annuitant's 81st birthday, less an adjustment
for amounts subsequently withdrawn, plus purchase payments received after that Monthly Contract
Anniversary. |
|
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | |
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
One-Month Enhanced Death Benefit II Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the One-Month Enhanced Death Benefit Option is calculated, see
Appendix G: One-Month Enhanced Death Benefit Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any Monthly Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment
for amounts subsequently withdrawn, plus purchase payments received after that Monthly Contract
Anniversary. |
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | ||
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
One-Month Enhanced Death Benefit Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the Combination Enhanced Death Benefit II Option is calculated,
see Appendix H: Combination Enhanced Death Benefit II Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; |
|
|
(3) |
the highest Contract Value on any Contract Anniversary before the Annuitant's 81st birthday, less an adjustment for
amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary;
or |
|
|
(4) |
the 5% interest anniversary value. |
|
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | |
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
Combination Enhanced Death Benefit II Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the Combination Enhanced Death Benefit Option is calculated, see
Appendix I: Combination Enhanced Death Benefit Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; |
|
|
(3) |
the highest Contract Value on any Contract Anniversary before the Annuitant's 81st birthday, less an adjustment for
amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary;
or |
|
|
(4) |
the 5% interest anniversary value. |
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | ||
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
Combination Enhanced Death Benefit Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. Ms. P elected the
Spousal Protection Annuity Option. The death benefit on Ms. P’s contract equals
$24,000. |
Ms. P was married to Mr. P at the time of her death. Under the Spousal Protection Annuity
Option, assuming all conditions were met, Mr. P has the option, instead of receiving
the $24,000 death benefit, to continue the contract as if it were his
own. If he elects to do so, the Contract Value, if it is lower than
$24,000, will be adjusted to equal the $24,000 death benefit. From that
point forward, the contract will be his and all provisions of the contract
apply. Upon Mr. P’s death, his beneficiary will then receive a death benefit
equal to the elected death benefit under the contract.
|
a |
= |
the Contract Value on the date the death benefit is calculated and prior to any death benefit calculation; and |
b |
= |
purchase payments, proportionally adjusted for withdrawals. |
Example: |
The Annuitant was age 56 when he purchased the Contract, so his Earnings Percentage
will be 40%. On the date of the Annuitant’s death, the Contract Value = $75,000
and the total purchase payments (adjusted for withdrawals) = $68,000. The
amount of the benefit would be calculated as follows: 40% x
($75,000-$68,000), which equals $2,800. |
a |
= |
Contract Value on the date the second death benefit is calculated (before the second death benefit is calculated); |
b |
= |
the Contract Value on the date the first benefit and the first death benefit were calculated (after the first benefit and
the first death benefit were applied), proportionately adjusted for withdrawals; and
|
c |
= |
purchase payments made after the first benefit was applied, proportionately adjusted for withdrawals. |
Example: |
Continuing on from the previous example, after the death benefit and the first benefit under
the Beneficiary Protector II Option were applied, the Contract Value = $77,800. The
Co- Annuitant was age 72 when the first Annuitant died so the Earnings
Percentage for the second benefit will be 25%. Two years after the credit
for the first benefit, the Co-Annuitant made a subsequent purchase
payment of $5,000. Four years later, the Co-Annuitant passed away. On the
date of her death, the Contract Value = $86,000 and the total purchase
payments (adjusted for withdrawals) = $73,000. The amount of the benefit would be calculated as follows: 25% x ($86,000-$77,800-$5,000), which equals $800. |
Example: |
Mr. C elects the Extra Value Option and submits an initial purchase payment of $50,000. On
the date the initial purchase payment is applied (and in addition to that initial
purchase payment), Nationwide will apply another $1,500 (which is 3% of
$50,000) to Mr. C’s contract. |
Example: |
Ms. D elected the CPPLI Option and elected a 10-year program period for the preservation
phase. Nationwide informed her of her investment options and she provided her
allocation instructions. At the beginning of the program period, her
Contract Value was $50,000. At the end of the program period, Ms.
D’s Contract Value was $56,000, so no adjustment was made to her
contract. Had her Contract Value been less than $50,000 at the end of the
program period, Nationwide would have adjusted the Contract Value to equal
$50,000. |
Age of Determining Life |
Lifetime Withdrawal
Percentage |
age
35 up to age 59½ |
4
% |
age
59½ through 66 |
5
% |
age
67 through 71 |
6
% |
age
72 or older |
7
% |
Example: |
At the end of the 10-year program period, Ms. D elected to enter the withdrawal phase of
the CPPLI Option. For an example of how the lifetime withdrawal amount under the CPPLI
Option is calculated, see Appendix J: Capital Preservation Plus Lifetime Income Option Example. |
Example: |
Ms. D elected the Capital Preservation Plus Option and elected a 10-year program period.
Nationwide informed her of her investment options and she provided her allocation
instructions. At the beginning of the program period, her Contract Value
was $50,000. At the end of the program period, Ms. D’s Contract
Value was $56,000, so no adjustment was made to her contract. Had her
Contract Value been less than $50,000 at the end of the program period,
Nationwide would have adjusted the Contract Value to equal $50,000. |
Example: |
Mr. J purchased a contract with the 5% Nationwide Lifetime Income Rider at the age of 55.
He decides to start taking income at the age of 65. The 5% Nationwide Lifetime Income
Rider will pay Mr. J lifetime income based on the Lifetime Withdrawal
Percentage applied to the Current Income Benefit Base. Assume Mr.
J’s Current Income Benefit Base is equal to the 5% roll-up amount.
If Mr. J’s Lifetime Withdrawal Percentage was 5% and his 5% roll-up
amount was $150,000, then his lifetime income would be $7,500 ($150,000 x 5%)
annually. |
Contract Owner’s Age (at time of first lifetime income withdrawal) |
45 up to 59½ |
59½ through 64 |
65 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
3.00% |
4.00% |
5.00% |
6.00% |
Contract Owner’s Age (at time of first lifetime income withdrawal) |
45 up to 59½ |
59½ through 66 |
67 through 71 |
72 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
4.00% |
5.00% |
5.50% |
6.00% |
7.00% |
dollar amount of the excess withdrawal |
X |
Current Income Benefit Base prior to the
withdrawal |
Contract Value (reduced by the amount of the
Lifetime Withdrawal Amount withdrawn) |
Contract Owner’s Age* |
Up to Age 70 |
71-75 |
76-80 |
81-85 |
86-90 |
91-95 |
96+ |
Annual Benefit Multiplier |
5.5 |
4.5 |
3.5 |
2.5 |
2.0 |
1.5 |
1.0 |
Example: |
Mr. J purchased a contract with the 7% Nationwide Lifetime Income Rider at the age of 55.
He decides to start taking income at the age of 65. The 7% Nationwide Lifetime Income
Rider will pay Mr. J lifetime income based on the Lifetime Withdrawal
Percentage applied to the Current Income Benefit Base. Assume Mr.
J’s Current Income Benefit Base is equal to the 7% roll-up amount.
If Mr. J’s Lifetime Withdrawal Percentage was 5% and his 7% roll-up
amount was $170,000, then his lifetime income would be $8,500 ($170,000 x 5%)
annually. |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 64 |
65 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
3.00% |
4.00% |
5.00% |
6.00% |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 66 |
67 through 71 |
72 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
4.00% |
5.00% |
5.50% |
6.00% |
7.00% |
dollar amount of the excess withdrawal |
X |
Current Income Benefit Base prior to the
withdrawal |
Contract Value (reduced by the amount of the
Lifetime Withdrawal Amount withdrawn) |
Contract Owner’s Age* |
Up to Age 70 |
71-75 |
76-80 |
81-85 |
86-90 |
91-95 |
96+ |
Annual Benefit Multiplier |
5.5 |
4.5 |
3.5 |
2.5 |
2.0 |
1.5 |
1.0 |
Example: |
Mr. J purchased a contract with the 10% Nationwide Lifetime Income Rider at the age of 55.
He decides to start taking income at the age of 65. The 10% Nationwide Lifetime Income
Rider will pay Mr. J lifetime income based on the Lifetime Withdrawal
Percentage applied to the Current Income Benefit Base. Assume Mr.
J’s Current Income Benefit Base is equal to the 10% roll-up amount.
If Mr. J’s Lifetime Withdrawal Percentage was 5% and his 10% roll-
up amount was $200,000, then his lifetime income would be $10,000 ($200,000 x 5%)
annually. |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 64 |
65 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
3.00% |
4.00% |
5.25% |
6.25% |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 64 |
65 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
3.00% |
4.00% |
5.00% |
6.00% |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 66 |
67 through 71 |
72 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
4.00% |
5.00% |
5.50% |
6.00% |
7.00% |
dollar amount of the excess withdrawal |
X |
Current Income Benefit Base prior to the
withdrawal |
Contract Value (reduced by the amount of the
Lifetime Withdrawal Amount withdrawn) |
Contract Owner’s Age* |
Up to Age 70 |
71-75 |
76-80 |
81-85 |
86-90 |
91-95 |
96+ |
Annual Benefit Multiplier |
5.5 |
4.5 |
3.5 |
2.5 |
2.0 |
1.5 |
1.0 |
Example: |
At the time of application, Ms. J purchased the Joint Option for the 5% Nationwide Lifetime
Income Rider. She began taking Lifetime Withdrawals when she was 62. Three years later,
Ms. J passed away. Mr. J, Ms. J’s surviving spouse, is entitled to
continue to receive the same Lifetime Withdrawals for the duration of his
lifetime. At Mr. J’s death, the contract will
terminate. |
Example: |
At the time of application, Ms. J purchased the Joint Option for the 7% Nationwide Lifetime
Income Rider. She began taking Lifetime Withdrawals when she was 62. Three years later,
Ms. J passed away. Mr. J, Ms. J’s surviving spouse, is entitled to
continue to receive the same Lifetime Withdrawals for the duration of his
lifetime. At Mr. J’s death, the contract will
terminate. |
Example: |
At the time of application, Ms. J purchased the Joint Option for the 10% Nationwide Lifetime
Income Rider. She began taking Lifetime Withdrawals when she was 62. Three years later,
Ms. J passed away. Mr. J, Ms. J’s surviving spouse, is entitled to
continue to receive the same Lifetime Withdrawals for the duration of his
lifetime. At Mr. J’s death, the contract will
terminate. |
Trading Behavior |
Nationwide's Response |
Six or more transfer events within
one calendar quarter |
Nationwide will mail a letter to the Contract Owner notifying them that:
(1)they have been identified as engaging in harmful trading practices; and (2)if their transfer events total 11 within two consecutive calendar quarters or 20 within one
calendar year, the Contract Owner will be limited to submitting transfer requests via
U.S. mail on a Nationwide issued form. |
11 transfer events within two
consecutive calendar quarters
OR
20 transfer events within one
calendar year |
Nationwide will automatically limit the Contract Owner to submitting transfer requests via U.S.
mail on a Nationwide issued form. |
Contract Values |
Maximum Outstanding Loan Balance Allowed |
up to $20,000 |
up to 80% of Contract Value (not more than $10,000) |
$20,000 and over |
up to 50% of Contract Value (not more than $50,000*) |
Example: |
|
|
|
|
|
Ms. T takes a loan from her contract of $50,000. After default, the first time interest
is calculated as follows: | |||||
1A.The
total interest rate (collateral interest rate plus finance interest rate) is applied to the outstanding principal; | |||||
6.25% (total
interest rate) |
x |
$50,000
(outstanding principal) |
= |
$3,125 ($2,000
=collateral interest $1,125 = finance interest) |
|
1B.The
amount from 1A representing collateral interest is added to the outstanding principal; | |||||
$2,000
(collateral interest) |
+ |
$50,000
(outstanding principal) |
= |
$52,000
(outstanding
principal and collateral interest) |
|
1C.The
amount from 1A representing finance interest is held separately, and subsequently accrues interest at the total interest rate on a compound basis and will become the outstanding finance interest; and | |||||
$1,125
(outstanding
finance
interest) |
|
|
|
|
|
1D.The
outstanding principal and collateral interest, and the outstanding finance interest, are added to determine the total outstanding principal and interest. | |||||
$52,000
(outstanding
principal and collateral interest) |
+ |
$1,125
(outstanding
finance
interest) |
= |
$53,125 (total
outstanding principal and interest) |
|
Thereafter, when interest is calculated: |
|
|
|
|
|
2A.The
total interest rate (collateral interest rate plus finance interest rate) is applied to the outstanding principal and collateral interest from 1A above; |
Example: |
|
|
|
|
|
6.25% (total
interest rate) |
x |
$52,000 (1A
outstanding principal and
collateral interest) |
= |
$3,250 ($2,080 =
collateral interest $1,170 = finance interest) |
|
2B.The
amount from step 2A representing collateral interest is added to the outstanding principal and collateral interest from 1A; | |||||
$2,080
(collateral interest) |
+ |
$52,000 (1A
outstanding principal and
collateral interest) |
= |
$54,080
(outstanding
principal and collateral interest) |
|
2C.The
total interest rate is applied to the outstanding finance interest from 1C and added to that outstanding finance interest; | |||||
6.25% (total
interest rate) |
x |
$1,125
(outstanding finance
interest) |
= |
$70.31 (finance
interest) |
|
$70.31 (finance
interest) |
+ |
$1,125
(outstanding
finance interest) |
= |
$1,195.31
(outstanding
finance interest) |
|
2D.The
amount from step 2A representing finance interest is added to the outstanding finance interest amount in 2C; | |||||
$1,170 (finance
interest) |
+ |
$1,195.31
(outstanding
finance interest) |
= |
$2,365.31
(outstanding
finance interest) |
|
2E.The
outstanding principal and collateral interest from 2B, and the outstanding finance interest from 2D are added together to determine the total outstanding principal and interest. | |||||
$54,080 (total
outstanding principal and collateral interest) |
+ |
$2,365.31
(outstanding
finance interest) |
= |
$56,445.31 (total
outstanding principal and interest) |
|
This method of interest calculation and accrual is applied to the total outstanding
principal and collateral interest, and finance interest balances until the
entire loan balance is paid. Under this method of interest calculation, after 15 years of default, a $50,000 loan on which no payments were made will accrue as follows: | |||||
Outstanding Principal |
|
$50,000 |
| ||
Outstanding Collateral Interest |
|
$40,047 |
| ||
Outstanding Finance Interest |
|
$34,091 |
| ||
Total Outstanding Principal and Interest |
|
$124,138 |
|
Example: |
Mr. C elects to participate in Asset Rebalancing and has instructed his Contract Value be
allocated as follows: 40% to Sub-Account A, 40% to Sub-Account B, and 20% to
Sub- Account C. Mr. C elects to rebalance quarterly. Each quarter,
Nationwide will automatically rebalance Mr. C’s Contract Value by
transferring Contract Value among the three elected Sub-Accounts so that
his 40%/40%/20% allocation remains intact. |
Example: |
Ms. T elects to participate in Dollar Cost Averaging and has transferred $25,000 to an
eligible Sub-Account (Sub-Account S) that will serve as the source investment option
for her Dollar Cost Averaging program. She would like the Dollar Cost
Averaging transfers to be allocated as follows: $500 to Sub-Account L and
$1,000 to Sub-Account M. Each month, Nationwide will automatically
transfer $1,500 from Sub-Account S and allocate $1,000 to Sub-Account M
and $500 to Sub-Account L. |
Example: |
Mr. E elects to participate in Enhanced Fixed Account Dollar Cost Averaging and has
allocated new purchase payments of $22,000 to the Fixed Account, which will receive an
enhanced interest crediting rate. He would like the Enhanced Fixed
Account Dollar Cost Averaging transfers to be allocated as follows:
$1,000 to Sub-Account L and $1,000 to Sub- Account M. Each month,
Nationwide will automatically transfer $2,000 from the Fixed Account and
allocate $1,000 to Sub-Account M and $1,000 to Sub-Account L. |
Example: |
Ms. S, who has elected a living benefit, elects to participate in Dollar Cost Averaging for
Living Benefits and has allocated new purchase payments of $22,000 to the Fixed
Account. She would like the Dollar Cost Averaging for Living Benefits
transfers to be allocated as follows: $1,000 to Sub-Account L and $1,000
to Sub-Account M, both of which are permitted Sub-Accounts in the living
benefit that Ms. S elected. Each month, Nationwide will automatically
transfer $2,000 from the Fixed Account and allocate $1,000 to Sub-Account M
and $1,000 to Sub-Account L. |
Example: |
Mr. V elects to participate in Fixed Account Interest Out Dollar Cost Averaging and has
allocated new purchase payments of $25,000 to the Fixed Account. He would like the
Fixed Account Interest Out Dollar Cost Averaging transfers to be
allocated as follows: 50% to Sub- Account L and 50% to Sub-Account M. Each
month, Nationwide will automatically transfer the interest credited to
the Fixed Account allocations to Sub-Account M and Sub-Account L on a
50%/50% basis. |
Contract Owner's Age |
Percentage of Contract Value |
Under
age 59½ |
5
% |
59½ through age 61 |
7
% |
62
through age 64 |
8
% |
65
through age 74 |
10
% |
75
and over |
13
% |
Example: |
Ms. H elects to take Systematic Withdrawals equal to $5,000 on a quarterly basis. She has
not directed that the withdrawals be taken from specific Sub-Accounts, so each quarter,
Nationwide will withdraw $5,000 from Ms. H’s contract
proportionally from each Sub- Account, and will mail her a check or wire
the funds to the financial institution of her choice. |
Conservative: |
Designed for Contract Owners that are willing to accept very little risk but still
want to see a small amount of growth. |
Moderately Conservative: |
Designed for Contract Owners that are willing to accept some market volatility in
exchange for greater potential income and growth. |
Balanced: |
Designed for Contract Owners that are willing to accept some market volatility in
exchange for potential long-term returns. |
Moderate: |
Designed for Contract Owners that are willing to accept some short-term price
fluctuations in exchange for potential long-term returns.
|
Capital Appreciation: |
Designed for Contract Owners that are willing to accept more short-term price
fluctuations in exchange for potential long-term returns.
|
Moderately Aggressive: |
Designed for Contract Owners willing to accept sharp, short-term price fluctuations
in exchange for potential long-term returns. |
Aggressive: |
Designed for Contract Owners that are willing to accept more sharp, short-term price
fluctuations in exchange for potential higher long-term returns. |
Example: |
Ms. V elected a living benefit that permits the use of Custom Portfolio Asset Rebalancing
Service and elects to enroll in the service. At the time of enrollment, Ms. V elects to
participate in the Moderate portfolio. She then selects the Sub-Accounts
from the list of Sub-Accounts available in the Moderate portfolio, and
the allocation percentages. Each quarter, Nationwide will automatically
rebalance Ms. V’s Contract Value by transferring Contract Value
among the elected Sub-Accounts so that her allocation percentages remain
intact. |
Example: |
Mr. Y, who elected a living benefit, elects a Static Asset Allocation Model, the XYZ Option
(33% Sub-Account X, 33% Sub-Account Y, and 34% Sub-Account Z). As a result, Mr.
Y’s entire Contract Value will be allocated as follows: 33%
Sub-Account X, 33% Sub-Account Y, and 34% Sub-Account Z. Each quarter,
Nationwide will automatically rebalance Mr. Y’s Contract Value by
transferring Contract Value among the Sub-Accounts so that the selected
Static Asset Allocation Model percentages remain intact. |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
Discovery Value Portfolio: Class B
Investment Advisor: AllianceBernstein L.P. |
1.06% |
16.86% |
10.51% |
7.29% |
Equity |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
International Value Portfolio: Class B
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2020
Investment Advisor: AllianceBernstein L.P. |
1.15% |
14.83% |
5.55% |
1.83% |
Equity |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
Relative Value Portfolio: Class A
Investment Advisor: AllianceBernstein L.P. |
0.61%* |
12.03% |
11.85% |
9.32% |
Equity |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
Relative Value Portfolio: Class B
This underlying mutual fund is no longer available to receive transfers or
new purchase payments effective May 1, 2024
Investment Advisor: AllianceBernstein L.P. |
0.86%* |
11.72% |
11.57% |
9.05% |
Equity |
Allspring Variable Trust - VT Small Cap Growth Fund: Class
2 This underlying mutual fund is only available in contracts for
which good order applications were received before May 1,
2024 Investment Advisor: Allspring Funds Management, LLC
Sub-Advisor: Allspring Global Investments, LLC |
1.17% |
4.11% |
7.68% |
6.60% |
Allocation |
American Funds Insurance Series® - American Funds®
Global Balanced Fund: Class 4
Investment Advisor: Capital Research and Management Company |
1.00%* |
13.45% |
7.16% |
5.20% |
Fixed Income |
American Funds Insurance Series® - American High-Income
Trust: Class 4
Investment Advisor: Capital Research and Management Company |
0.80%* |
12.18% |
5.84% |
4.15% |
Allocation |
American Funds Insurance Series® - Capital Income
Builder®: Class 4
Investment Advisor: Capital Research and Management Company |
0.77%* |
8.76% |
7.18% |
|
Equity |
American Funds Insurance Series® - Global Small
Capitalization Fund: Class 4
Investment Advisor: Capital Research and Management Company |
1.16%* |
15.79% |
8.03% |
5.51% |
Equity |
American Funds Insurance Series® - New World Fund®:
Class 4 Investment Advisor: Capital Research and Management
Company |
1.07%* |
15.67% |
8.37% |
4.43% |
Fixed Income |
American Funds Insurance Series® - U.S. Government
Securities Fund: Class 2
Investment Advisor: Capital Research and Management Company |
0.49%* |
2.89% |
1.04% |
1.52% |
Equity |
American Funds Insurance Series® - Washington Mutual
Investors Fund: Class 4
Investment Advisor: Capital Research and Management Company |
0.75%* |
16.97% |
12.33% |
9.64% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Fixed Income |
BlackRock Variable Series Funds II, Inc. - BlackRock High Yield
V.I. Fund: Class III
Investment Advisor: BlackRock Advisors, LLC
Investment Sub-Advisor: BlackRock International Limited |
0.79%* |
12.94% |
5.50% |
4.22% |
Fixed Income |
BlackRock Variable Series Funds II, Inc. - BlackRock Total Return
V.I. Fund: Class III
Investment Advisor: BlackRock Advisors, LLC
Investment Sub-Advisor: BlackRock International Limited and BlackRock
(Singapore) Limited |
0.80%* |
5.42% |
1.03% |
1.62% |
Allocation |
BlackRock Variable Series Funds, Inc. - BlackRock 60/40 Target
Allocation ETF V.I. Fund: Class III
Investment Advisor: BlackRock Advisors, LLC |
0.56%* |
15.32% |
8.69% |
|
Equity |
BlackRock Variable Series Funds, Inc. - BlackRock Equity Dividend
V.I. Fund: Class III
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2017
Investment Advisor: BlackRock Advisors, LLC |
0.92%* |
11.99% |
11.27% |
8.73% |
Allocation |
BlackRock Variable Series Funds, Inc. - BlackRock Global
Allocation V.I. Fund: Class III
Investment Advisor: BlackRock Advisors, LLC
Investment Sub-Advisor: BlackRock International Limited and BlackRock
(Singapore) Limited |
1.02%* |
12.49% |
7.38% |
4.63% |
Equity |
BNY Mellon Investment Portfolios - MidCap Stock Portfolio:
Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2021
Investment Advisor: BNY Mellon Investment Adviser, Inc.
Sub-Advisor: Newton Investment Management North America, LLC |
1.05%* |
17.99% |
10.42% |
7.17% |
Equity |
BNY Mellon Investment Portfolios - Small Cap Stock Index
Portfolio: Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2013
Investment Advisor: BNY Mellon Investment Adviser, Inc. |
0.60%* |
15.39% |
10.40% |
8.04% |
Equity |
BNY Mellon Variable Investment Fund - Opportunistic Small Cap
Portfolio: Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2004
Investment Advisor: BNY Mellon Investment Adviser, Inc.
Sub-Advisor: Newton Investment Management North America, LLC |
1.07% |
9.01% |
8.88% |
5.89% |
Allocation |
Calvert Variable Series, Inc. - Calvert VP SRI Balanced
Portfolio: Class F
Investment Advisor: Calvert Research and Management |
0.90% |
16.42% |
9.99% |
7.14% |
Equity |
Calvert Variable Trust, Inc. - CVT Nasdaq 100 Index Portfolio:
Class F (formerly, Calvert Variable Products, Inc.
- Calvert VP Nasdaq 100 Index Portfolio: Class
F) Investment Advisor: Calvert Research and Management
Investment Sub-Advisor: Ameritas Investment Partners, Inc. |
0.73%* |
54.02% |
21.80% |
17.01% |
Equity |
Columbia Funds Variable Insurance Trust II - Columbia Variable
Portfolio - Seligman Global Technology: Class
2 Investment Advisor: Columbia Management Investment Advisors,
LLC |
1.20%* |
44.87% |
25.34% |
20.11% |
Fixed Income |
Columbia Funds Variable Series Trust II - Columbia Variable
Portfolio - High Yield Bond Fund: Class
2 Investment Advisor: Columbia Management Investment Advisors,
LLC |
0.89%* |
11.87% |
5.31% |
4.17% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Delaware VIP Trust - Macquarie VIP Small Cap Value Series:
Service Class (formerly, Delaware VIP Trust -
Delaware VIP Small Cap Value Series: Service
Class) Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware statutory
trust)
Investment Sub-Advisor: Macquarie Investment Management Global
Limited |
1.08% |
9.10% |
9.87% |
6.77% |
Fixed Income |
Eaton Vance Variable Trust - Eaton Vance VT Floating-Rate Income
Fund: Initial Class
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Eaton Vance Management |
1.17% |
11.21% |
4.13% |
3.22% |
Allocation |
Federated Hermes Insurance Series - Federated Hermes Managed
Volatility Fund II: Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2004
Investment Advisor: Federated Global Investment Management Corp.
Sub-Advisor: Federated Global Investment Management Corp., Federated
Investment Management Company, Federated Equity Management
Company of Pennsylvania |
1.22%* |
8.33% |
5.88% |
3.93% |
Fixed Income |
Federated Hermes Insurance Series - Federated Hermes Quality
Bond Fund II: Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2008
Investment Advisor: Federated Investment Management Company |
1.06%* |
5.85% |
2.10% |
2.00% |
Equity |
Fidelity Variable Insurance Products - Emerging Markets
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR UK, FMR HK, FMR Japan, FIA, and
FIA(UK) |
1.14% |
9.49% |
7.55% |
4.92% |
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2010 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.65% |
9.08% |
5.26% |
4.29% |
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2020 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.72% |
12.22% |
7.22% |
5.48% |
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2030 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.77% |
14.46% |
9.02% |
6.59% |
Allocation |
Fidelity Variable Insurance Products Fund - VIP Balanced
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.69% |
21.23% |
12.15% |
8.80% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Fidelity Variable Insurance Products Fund - VIP Contrafund®
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.81% |
33.12% |
16.36% |
11.33% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Energy Portfolio:
Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.86% |
0.70% |
13.36% |
2.37% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Equity-Income
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.72% |
10.38% |
12.01% |
8.31% |
Fixed Income |
Fidelity Variable Insurance Products Fund - VIP Floating Rate
High Income Portfolio: Initial Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.75% |
12.17% |
5.60% |
|
Equity |
Fidelity Variable Insurance Products Fund - VIP Growth &
Income Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.74% |
18.37% |
14.50% |
9.99% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Growth Portfolio:
Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.83% |
35.89% |
19.34% |
14.51% |
Fixed Income |
Fidelity Variable Insurance Products Fund - VIP Investment Grade
Bond Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.63% |
6.00% |
1.72% |
2.08% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Mid Cap
Portfolio: Service Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2017
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity
Management & Research (Hong Kong) Limited and Fidelity Management
& Research (Japan) Limited |
0.82% |
14.80% |
12.17% |
7.85% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Fidelity Variable Insurance Products Fund - VIP Overseas
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR UK, FMR HK, FMR Japan, FIA, and
FIA(UK) |
0.98% |
20.22% |
9.71% |
4.65% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Real Estate
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.85% |
10.89% |
4.96% |
5.77% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Value Strategies
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.85% |
20.61% |
16.63% |
9.10% |
Allocation |
Franklin Templeton Variable Insurance Products Trust - Franklin
Allocation VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2021
Investment Advisor: Franklin Advisers, Inc.
Sub-Advisor: Brandywine Global Investment Management, LLC
(Brandywine); ClearBridge Investments, LLC (ClearBridge); Franklin
Templeton Institutional, LLC (FT Institutional); Templeton Global Advisors
Limited (Global Advisors) |
0.82%* |
14.61% |
7.57% |
4.75% |
Allocation |
Franklin Templeton Variable Insurance Products Trust - Franklin
Income VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2022
Investment Advisor: Franklin Advisers, Inc. |
0.71%* |
8.62% |
6.98% |
5.01% |
Equity |
Franklin Templeton Variable Insurance Products Trust - Franklin
Small Cap Value VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2013
Investment Advisor: Franklin Mutual Advisers, LLC |
0.91%* |
12.75% |
11.06% |
7.04% |
Equity |
Franklin Templeton Variable Insurance Products Trust - Templeton
Developing Markets VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before April 30, 2014
Investment Advisor: Templeton Asset Management, Ltd.
Sub-Advisor: Franklin Templeton Investment Management Limited
(FTIML) |
1.35%* |
12.62% |
4.22% |
2.32% |
Equity |
Franklin Templeton Variable Insurance Products Trust - Templeton
Foreign VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before April 30, 2014
Investment Advisor: Templeton Investment Counsel, LLC |
1.07%* |
20.76% |
5.27% |
1.28% |
Fixed Income |
Franklin Templeton Variable Insurance Products Trust - Templeton
Global Bond VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2019
Investment Advisor: Franklin Advisers, Inc. |
0.75%* |
2.88% |
-2.13% |
-0.66% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Alternative |
Goldman Sachs Variable Insurance Trust - Goldman Sachs
Multi- Strategy Alternatives Portfolio: Service
Shares Investment Advisor: Goldman Sachs Asset Management,
L.P. |
1.21%* |
7.77% |
4.16% |
|
Allocation |
Goldman Sachs Variable Insurance Trust - Goldman Sachs Trend
Driven Allocation Fund: Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2018
Investment Advisor: Goldman Sachs Asset Management, L.P. |
0.97%* |
15.57% |
4.81% |
3.41% |
Equity |
Invesco - Invesco V.I. Discovery Mid Cap Growth Fund: Series
II This underlying mutual fund is only available in contracts for
which good order applications were received before April 30,
2020 Investment Advisor: Invesco Advisers, Inc. |
1.12% |
12.85% |
12.47% |
9.51% |
Equity |
Invesco - Invesco V.I. Global Fund: Series II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Invesco Advisers, Inc. |
1.07% |
34.45% |
12.02% |
8.20% |
Fixed Income |
Invesco - Invesco V.I. Global Strategic Income Fund: Series
II This underlying mutual fund is only available in contracts for
which good order applications were received before May 1,
2015 Investment Advisor: Invesco Advisers, Inc. |
1.17%* |
8.60% |
1.04% |
1.25% |
Equity |
Invesco - Invesco V.I. Main Street Mid Cap Fund: Series II
Shares This underlying mutual fund is only available in contracts for
which good order applications were received before May 1,
2015 Investment Advisor: Invesco Advisers, Inc. |
1.19% |
14.14% |
10.32% |
6.45% |
Equity |
Invesco - Invesco V.I. Main Street Small Cap Fund: Series
II Investment Advisor: Invesco Advisers, Inc. |
1.13% |
17.82% |
12.78% |
8.66% |
Allocation |
Ivy Variable Insurance Portfolios - Macquarie VIP Asset Strategy
Series: Service Class (formerly, Ivy Variable
Insurance Portfolios - Delaware Ivy Asset Strategy:
Class II) This underlying mutual fund is only available in contracts
for which good order applications were received before May 1,
2017 Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware statutory
trust)
Sub-Advisor: Macquarie Investment Management Global
Limited;Macquarie Investment Management Austria Kapitalanlage
AG;Macquarie Investment Management Europe Limited |
0.85%* |
13.90% |
8.27% |
3.48% |
Fixed Income |
Ivy Variable Insurance Portfolios - Macquarie VIP High Income
Series: Service Class (formerly, Ivy Variable
Insurance Portfolios - Delaware Ivy High Income:
Class II) This underlying mutual fund is only available in contracts
for which good order applications were received before May 1,
2017 Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware statutory
trust)
Sub-Advisor: Macquarie Investment Management Global
Limited;Macquarie Investment Management Austria Kapitalanlage
AG;Macquarie Investment Management Europe Limited |
0.96% |
11.95% |
4.46% |
3.70% |
Equity |
Ivy Variable Insurance Portfolios - Macquarie VIP Mid Cap Growth
Series: Service Class (formerly, Ivy Variable
Insurance Portfolios - Delaware Ivy Mid Cap Growth:
Class II) Investment Advisor: Delaware Management Company, a series
of Macquarie Investment Management Business Trust (a Delaware
statutory trust)
Investment Sub-Advisor: Macquarie Investment Management Global
Limited |
1.10%* |
19.59% |
14.63% |
10.47% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
Janus Aspen Series - Janus Henderson Balanced Portfolio: Service
Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.87% |
15.13% |
9.37% |
7.73% |
Equity |
Janus Aspen Series - Janus Henderson Enterprise Portfolio:
Service Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.97% |
17.78% |
13.14% |
11.82% |
Fixed Income |
Janus Aspen Series - Janus Henderson Flexible Bond Portfolio:
Service Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.82%* |
5.29% |
1.55% |
1.66% |
Equity |
Janus Aspen Series - Janus Henderson Forty Portfolio: Service
Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2014
Investment Advisor: Janus Henderson Investors US LLC |
0.80% |
39.65% |
16.64% |
13.45% |
Equity |
Janus Aspen Series - Janus Henderson Global Research Portfolio:
Service Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.86% |
26.47% |
13.05% |
8.74% |
Equity |
Janus Aspen Series - Janus Henderson Global Sustainable Equity
Portfolio: Institutional Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.87%* |
23.32% |
|
|
Equity |
Janus Aspen Series - Janus Henderson Global Technology and
Innovation Portfolio: Service Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.97% |
54.27% |
20.05% |
16.86% |
Equity |
Janus Aspen Series - Janus Henderson Overseas Portfolio: Service
Shares
Investment Advisor: Janus Henderson Investors US LLC |
1.14% |
10.58% |
10.92% |
3.38% |
Equity |
Legg Mason Partners Variable Equity Trust - ClearBridge Variable
Small Cap Growth Portfolio: Class II
Investment Advisor: Franklin Templeton Fund Advisor, LLC
Investment Sub-Advisor: ClearBridge Investments, LLC |
1.05% |
8.12% |
9.29% |
7.62% |
Equity |
Lincoln Variable Insurance Products Trust - LVIP American Century
Disciplined Core Value Fund: Service
Class This underlying mutual fund is only available in contracts for
which good order applications were received before April 26,
2024 Investment Advisor: Lincoln Financial Investments
Corporation Sub-Advisor: American Century Investment Management,
Inc. |
0.96%* |
8.24% |
9.92% |
7.92% |
Fixed Income |
Lincoln Variable Insurance Products Trust - LVIP American Century
Inflation Protection Fund: Service
Class This underlying mutual fund is only available in contracts for
which good order applications were received before April 26,
2024 Investment Advisor: Lincoln Financial Investments
Corporation Sub-Advisor: American Century Investment Management,
Inc. |
0.77%* |
3.40% |
2.65% |
1.90% |
Equity |
Lincoln Variable Insurance Products Trust - LVIP American Century
Mid Cap Value Fund: Service Class
This underlying mutual fund is only available in contracts for which good
order applications were received before April 26, 2024
Investment Advisor: Lincoln Financial Investments Corporation
Sub-Advisor: American Century Investment Management, Inc. |
1.01%* |
6.03% |
10.90% |
8.61% |
Equity |
Lincoln Variable Insurance Products Trust - LVIP American Century
Value Fund: Service Class
This underlying mutual fund is only available in contracts for which good
order applications were received before April 26, 2024
Investment Advisor: Lincoln Financial Investments Corporation
Sub-Advisor: American Century Investment Management, Inc. |
0.86%* |
9.02% |
11.71% |
8.36% |
Fixed Income |
Lord Abbett Series Fund, Inc. - Total Return Portfolio: Class
VC Investment Advisor: Lord, Abbett & Co. LLC |
0.71% |
6.34% |
1.21% |
1.83% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
MFS® Variable Insurance Trust - MFS New Discovery Series:
Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.12%* |
14.25% |
10.81% |
7.41% |
Equity |
MFS® Variable Insurance Trust - MFS Value Series: Service
Class Investment Advisor: Massachusetts Financial Services
Company |
0.94%* |
7.63% |
11.07% |
8.25% |
Equity |
MFS® Variable Insurance Trust II - MFS International Growth
Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.13%* |
14.39% |
9.20% |
6.09% |
Equity |
MFS® Variable Insurance Trust II - MFS International
Intrinsic Value Portfolio: Service
Class Investment Advisor: Massachusetts Financial Services
Company |
1.14%* |
17.37% |
8.31% |
6.66% |
Equity |
MFS® Variable Insurance Trust II - MFS Massachusetts
Investors Growth Stock Portfolio: Service
Class This underlying mutual fund is only available in contracts for
which good order applications were received before March 27,
2015 Investment Advisor: Massachusetts Financial Services
Company |
0.98%* |
23.70% |
16.39% |
12.44% |
Equity |
MFS® Variable Insurance Trust II - MFS Research
International Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.14%* |
12.83% |
8.23% |
3.89% |
Fixed Income |
MFS® Variable Insurance Trust III - MFS Limited Maturity
Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
0.70%* |
5.77% |
2.01% |
1.47% |
Equity |
MFS® Variable Insurance Trust III - MFS Mid Cap Value
Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.04%* |
12.39% |
12.60% |
8.46% |
Fixed Income |
Morgan Stanley Variable Insurance Fund, Inc. - Emerging Markets
Debt Portfolio: Class II
This underlying mutual fund is no longer available to receive transfers or
new purchase payments effective May 1, 2004
Investment Advisor: Morgan Stanley Investment Management Inc.
Sub-Advisor: Morgan Stanley Investment Management Limited |
1.15%* |
11.69% |
1.38% |
2.07% |
Equity |
Morgan Stanley Variable Insurance Fund, Inc. - Global
Infrastructure Portfolio: Class II
Investment Advisor: Morgan Stanley Investment Management Inc. |
1.12%* |
4.27% |
6.55% |
4.98% |
Equity |
Morgan Stanley Variable Insurance Fund, Inc. - Growth Portfolio:
Class II
Investment Advisor: Morgan Stanley Investment Management Inc. |
0.82%* |
48.32% |
10.95% |
11.62% |
Equity |
Nationwide Variable Insurance Trust - NVIT Allspring Discovery
Fund: Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Allspring Global Investments, LLC |
1.08%* |
20.44% |
9.35% |
7.35% |
Allocation |
Nationwide Variable Insurance Trust - NVIT American Funds Asset
Allocation Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.93%* |
13.84% |
8.79% |
6.84% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT American Funds Bond
Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.87%* |
4.50% |
1.49% |
1.69% |
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds Global
Growth Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
1.06%* |
22.14% |
13.21% |
9.14% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds Growth
Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.98%* |
37.95% |
18.22% |
13.91% |
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds
Growth- Income Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.91%* |
25.68% |
12.93% |
10.49% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Amundi Multi Sector
Bond Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Amundi Asset Management, US |
0.80% |
8.70% |
4.89% |
3.75% |
Equity |
Nationwide Variable Insurance Trust - NVIT AQR Large Cap
Defensive Style Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: AQR Capital Management, LLC |
1.03% |
8.03% |
11.24% |
9.84% |
Equity |
Nationwide Variable Insurance Trust - NVIT BlackRock Equity
Dividend Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
1.05%* |
11.77% |
11.00% |
8.19% |
Allocation |
Nationwide Variable Insurance Trust - NVIT BlackRock Managed
Global Allocation Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC and
Nationwide Asset Management, LLC |
1.14%* |
11.81% |
5.54% |
|
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Aggressive Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
1.09%* |
19.54% |
11.17% |
7.29% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Balanced
Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.95%* |
13.32% |
6.70% |
4.75% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Capital
Appreciation Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
1.00%* |
16.28% |
8.91% |
6.10% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.86%* |
8.83% |
3.53% |
2.83% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Managed
Growth & Income Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
1.02%* |
12.49% |
5.00% |
3.47% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Managed
Growth Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
1.01%* |
12.42% |
6.39% |
4.29% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Moderate
Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.97%* |
14.92% |
7.93% |
5.53% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Moderately Aggressive Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
1.04%* |
17.90% |
10.14% |
6.74% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Moderately Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.91%* |
11.70% |
5.70% |
4.19% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Fixed Income |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Core Plus
Bond Fund: Class P
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Insight North America LLC |
0.73%* |
7.36% |
1.98% |
2.04% |
Equity |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic
U.S. Core Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Newton Investment Management Limited |
0.87%* |
23.56% |
15.23% |
11.57% |
Equity |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic
U.S. Equity Income: Class II
This underlying mutual fund is no longer available to receive transfers or
new purchase payments effective September 11, 2020
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Newton Investment Management Limited |
1.05%* |
8.65% |
13.10% |
8.95% |
Equity |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic
U.S. Equity Income: Class Z
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Newton Investment Management Limited |
1.00% |
8.78% |
13.08% |
8.90% |
Equity |
Nationwide Variable Insurance Trust - NVIT Calvert Equity Fund:
Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Atlanta Capital Management Company, LLC
|
0.87%* |
20.68% |
10.98% |
8.56% |
Equity |
Nationwide Variable Insurance Trust - NVIT Columbia Overseas
Value Fund: Class I
This underlying mutual fund is no longer available to receive transfers or
new purchase payments effective October 16, 2020
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Columbia Management Investment Advisers, LLC |
1.02% |
15.56% |
7.25% |
2.74% |
Equity |
Nationwide Variable Insurance Trust - NVIT Columbia Overseas
Value Fund: Class Z
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Columbia Management Investment Advisers,
LLC |
1.13% |
15.36% |
7.06% |
2.52% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Core Bond Fund: Class
II This underlying mutual fund is only available in contracts for
which good order applications were received before May 1,
2023 Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Nationwide Asset Management, LLC |
0.84% |
5.05% |
0.47% |
1.44% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT DoubleLine Total
Return Tactical Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: DoubleLine Capital LP |
0.99%* |
5.66% |
0.19% |
|
Equity |
Nationwide Variable Insurance Trust - NVIT Emerging Markets Fund:
Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2024
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: NS Partners Ltd |
1.35%* |
3.86% |
-0.01% |
-0.13% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Federated High Income
Bond Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Federated Investment Management Company
|
0.91%* |
13.13% |
4.93% |
4.15% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Bond Fund:
Class I
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2022
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Nationwide Asset Management, LLC |
0.69%* |
4.70% |
0.21% |
0.82% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Money
Market Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Federated Investment Management Company
|
0.47% |
4.75% |
1.60% |
0.98% |
Equity |
Nationwide Variable Insurance Trust - NVIT International Equity
Fund: Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2020
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Lazard Asset Management LLC |
1.23%* |
21.46% |
8.40% |
4.59% |
Equity |
Nationwide Variable Insurance Trust - NVIT International Index
Fund: Class VIII
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.81%* |
17.22% |
7.48% |
3.61% |
Equity |
Nationwide Variable Insurance Trust - NVIT Invesco Small Cap
Growth Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Invesco Advisers, Inc. |
1.34% |
17.16% |
11.25% |
8.06% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Aggressive Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.91% |
19.38% |
9.32% |
6.73% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Balanced Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.86% |
13.04% |
5.59% |
4.41% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Capital Appreciation Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.87% |
16.38% |
7.57% |
5.72% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.86% |
8.03% |
2.64% |
2.53% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Managed Growth & Income Fund: Class
II Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.84%* |
12.13% |
4.11% |
3.27% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Managed Growth Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.85%* |
12.96% |
5.64% |
4.21% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderate Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.86% |
14.72% |
6.53% |
5.08% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Aggressive Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.88% |
17.93% |
8.43% |
6.19% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.85% |
11.25% |
4.60% |
3.83% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT iShares® Fixed
Income ETF Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.72%* |
5.22% |
|
|
Equity |
Nationwide Variable Insurance Trust - NVIT iShares® Global
Equity ETF Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.73%* |
20.48% |
|
|
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy Large Cap
Core Fund: Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Jacobs Levy Equity Management, Inc. |
0.89%* |
23.20% |
13.40% |
10.26% |
Equity |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy Large Cap
Growth Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. |
0.95%* |
34.99% |
22.78% |
15.03% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Loomis Short Term Bond
Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Loomis, Sayles & Company, L.P. |
0.80% |
5.69% |
1.19% |
1.10% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Managed American
Funds Asset Allocation Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.97% |
17.22% |
7.60% |
|
Equity |
Nationwide Variable Insurance Trust - NVIT Managed American
Funds Growth-Income Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.96% |
24.31% |
10.94% |
|
Equity |
Nationwide Variable Insurance Trust - NVIT Mid Cap Index Fund:
Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.41% |
16.06% |
12.16% |
8.86% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Cap Value Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. and WCM
Investment Management, LLC |
1.31%* |
17.15% |
10.77% |
6.57% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Company Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. and
Invesco Advisers, Inc. |
1.30%* |
13.69% |
13.02% |
8.20% |
Equity |
Nationwide Variable Insurance Trust - NVIT NS Partners
International Focused Growth Fund: Class
II Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: NS Partners Ltd |
1.23%* |
15.54% |
7.15% |
3.51% |
Equity |
Nationwide Variable Insurance Trust - NVIT Real Estate Fund:
Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Wellington Management Company LLP |
1.17%* |
12.64% |
7.64% |
6.71% |
Equity |
Nationwide Variable Insurance Trust - NVIT S&P 500®
Index Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.50%* |
25.80% |
15.14% |
11.49% |
Equity |
Nationwide Variable Insurance Trust - NVIT Small Cap Index Fund:
Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.60%* |
16.35% |
9.45% |
6.69% |
Equity |
Nationwide Variable Insurance Trust - NVIT Victory Mid Cap Value
Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Victory Capital Management Inc. |
1.02%* |
8.63% |
9.93% |
7.81% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Neuberger Berman Advisers Management Trust - Mid-Cap Growth
Portfolio: Class S Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before November 6,
2015 Investment Advisor: Neuberger Berman Investment Advisers
LLC |
1.11%* |
17.96% |
11.86% |
8.69% |
Fixed Income |
Neuberger Berman Advisers Management Trust - Short Duration
Bond Portfolio: Class I Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2012
Investment Advisor: Neuberger Berman Investment Advisers LLC |
0.86% |
5.90% |
1.65% |
1.21% |
Equity |
Neuberger Berman Advisers Management Trust - Sustainable Equity
Portfolio: Class I Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2008
Investment Advisor: Neuberger Berman Investment Advisers LLC |
0.90% |
26.90% |
13.97% |
9.99% |
Allocation |
PIMCO Variable Insurance Trust - All Asset Portfolio: Advisor
Class Investment Advisor: PIMCO
Investment Sub-Advisor: Research Affiliates, LLC |
2.29%* |
8.02% |
5.90% |
3.93% |
Fixed Income |
PIMCO Variable Insurance Trust - Emerging Markets Bond Portfolio:
Advisor Class
Investment Advisor: PIMCO |
1.37% |
11.00% |
2.14% |
2.68% |
Fixed Income |
PIMCO Variable Insurance Trust - Income Portfolio: Advisor
Class Investment Advisor: PIMCO |
1.13% |
8.14% |
3.22% |
|
Fixed Income |
PIMCO Variable Insurance Trust - International Bond Portfolio
(U.S. Dollar-Hedged): Advisor Class
Investment Advisor: PIMCO |
1.28%* |
8.89% |
1.54% |
2.95% |
Fixed Income |
PIMCO Variable Insurance Trust - International Bond Portfolio
(Unhedged): Advisor Class
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2024
Investment Advisor: PIMCO |
1.38%* |
6.11% |
-1.26% |
-0.46% |
Fixed Income |
PIMCO Variable Insurance Trust - Low Duration Portfolio: Advisor
Class
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2024
Investment Advisor: PIMCO |
0.79% |
4.87% |
0.88% |
0.82% |
Fixed Income |
PIMCO Variable Insurance Trust - Real Return Portfolio: Advisor
Class
Investment Advisor: PIMCO |
0.94% |
3.57% |
3.05% |
2.15% |
Fixed Income |
PIMCO Variable Insurance Trust - Short-Term Portfolio: Advisor
Class
Investment Advisor: PIMCO |
0.76% |
5.80% |
2.02% |
1.77% |
Equity |
Pioneer Variable Contracts Trust - Pioneer Fund VCT Portfolio:
Class II
Investment Advisor: Amundi Asset Management US, Inc. |
1.05% |
28.58% |
16.45% |
11.94% |
Allocation |
Putnam Variable Trust - Putnam VT George Putnam Balanced Fund:
Class IB
Investment Advisor: Putnam Investment Management, LLC |
0.92% |
19.90% |
10.43% |
8.03% |
Equity |
Putnam Variable Trust - Putnam VT International Equity Fund:
Class IB
Investment Advisor: Putnam Investment Management, LLC |
1.10% |
18.51% |
9.05% |
3.70% |
Equity |
Putnam Variable Trust - Putnam VT International Value Fund: Class
IB
Investment Advisor: Putnam Investment Management, LLC |
1.13% |
18.68% |
9.70% |
3.88% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Putnam Variable Trust - Putnam VT Large Cap Growth Fund: Class
IB
This underlying mutual fund is only available in contracts for which good
order applications were received before November 19,
2016 Investment Advisor: Putnam Investment Management,
LLC |
0.90% |
44.47% |
18.49% |
14.40% |
Equity |
Putnam Variable Trust - Putnam VT Large Cap Value Fund: Class
IB Investment Advisor: Putnam Investment Management, LLC
|
0.82% |
15.67% |
14.50% |
10.26% |
Equity |
Putnam Variable Trust - Putnam VT Sustainable Leaders Fund: Class
IB
Investment Advisor: Putnam Investment Management, LLC |
0.90% |
26.11% |
16.09% |
12.59% |
Alternative |
Rydex Variable Trust - Multi-Hedge Strategies Fund
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2019
Investment Advisor: Guggenheim Investments |
1.75%* |
4.37% |
4.21% |
2.52% |
Equity |
T. Rowe Price Equity Series, Inc. - T. Rowe Price Health Sciences
Portfolio: II
Investment Advisor: T. Rowe Price Associates, Inc. |
1.11% |
2.68% |
10.96% |
11.03% |
Equity |
T. Rowe Price Equity Series, Inc. - T. Rowe Price Mid-Cap Growth
Portfolio: II
Investment Advisor: T. Rowe Price Associates, Inc.
Investment Sub-Advisor: T. Rowe Price Investment Management, Inc.
|
1.09%* |
19.63% |
11.36% |
10.22% |
Equity |
VanEck VIP Trust - VanEck VIP Global Resources Fund: Class
S Investment Advisor: Van Eck Associates Corporation
|
1.36% |
-3.84% |
10.34% |
-1.26% |
Equity |
VanEck VIP Trust - VanEck VIP Global Resources Fund: Initial
Class This underlying mutual fund is no longer available to receive
transfers or new purchase payments effective May 1,
2012 Investment Advisor: Van Eck Associates Corporation
|
1.12% |
-3.58% |
10.61% |
-1.01% |
Equity |
Virtus Variable Insurance Trust - Virtus Duff & Phelps Real
Estate Securities Series: Class A
Investment Advisor: Virtus Investment Advisers, Inc.
Investment Sub-Advisor: Duff & Phelps Investment Management Co., an
affiliate of VIA. |
1.10%* |
11.03% |
8.55% |
7.95% |
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5% Nationwide
Lifetime Income
Rider |
7% Nationwide
Lifetime Income
Rider |
10% Nationwide
Lifetime Income
Rider |
AllianceBernstein Variable Products Series Fund, Inc. -
AB VPS Discovery Value Portfolio: Class B |
|
X |
|
|
|
|
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Federated Hermes Insurance Series - Federated
Hermes Quality Bond Fund II: Service Shares
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2008 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - Fidelity VIP
Freedom Fund 2010 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2023 |
X |
X |
X |
X |
X |
X |
Fidelity Variable Insurance Products Fund - Fidelity VIP
Freedom Fund 2020 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2023 |
X |
X |
X |
X |
X |
|
Fidelity Variable Insurance Products Fund - Fidelity VIP
Freedom Fund 2030 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2023 |
X |
X |
X |
|
|
|
Fidelity Variable Insurance Products Fund - VIP Equity-
Income Portfolio: Service Class 2 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - VIP Growth
Portfolio: Service Class 2 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - VIP Mid Cap
Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2017 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - VIP
Overseas Portfolio: Service Class 2 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - VIP Value
Strategies Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2006 |
X |
X |
|
|
|
|
Franklin Templeton Variable Insurance Products Trust -
Franklin Income VIP Fund: Class 2 |
X |
X |
|
|
|
|
Invesco - Invesco V.I. Discovery Mid Cap Growth Fund:
Series II
This underlying mutual fund is only available in contracts
for which good order applications were received before
April 30, 2020 |
X |
X |
|
|
|
|
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Ivy Variable Insurance Portfolios - Macquarie VIP Asset
Strategy Series: Service Class (formerly, Ivy Variable
Insurance Portfolios - Delaware Ivy Asset Strategy:
Class II)
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2017 |
X |
X |
|
|
|
|
Janus Aspen Series - Janus Henderson Balanced
Portfolio: Service Shares |
X |
X |
|
|
|
|
Janus Aspen Series - Janus Henderson Forty Portfolio:
Service Shares
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2014 |
X |
X |
|
|
|
|
Lincoln Variable Insurance Products Trust - LVIP
American Century Disciplined Core Value Fund: Service
Class
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2004 |
X |
X |
|
|
|
|
Lincoln Variable Insurance Products Trust - LVIP
American Century Inflation Protection Fund: Service
Class |
X |
X |
|
|
|
|
Lincoln Variable Insurance Products Trust - LVIP
American Century Mid Cap Value Fund: Service Class |
X |
X |
|
|
|
|
MFS® Variable Insurance Trust - MFS Value Series:
Service Class |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT American
Funds Asset Allocation Fund: Class II |
X |
X |
X |
X |
|
X |
Nationwide Variable Insurance Trust - NVIT American
Funds Bond Fund: Class II |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT American
Funds Growth Fund: Class II |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT AQR Large
Cap Defensive Style Fund: Class II |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Aggressive Fund: Class II |
X |
X |
X |
|
|
|
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Balanced Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Capital Appreciation Fund: Class II |
X |
X |
X |
X |
|
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Conservative Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Managed Growth & Income Fund: Class II |
|
|
|
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Managed Growth Fund: Class II |
|
|
|
X |
X |
X |
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Moderate Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Moderately Aggressive Fund: Class II |
X |
X |
X |
X |
|
|
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Moderately Conservative Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT BNY Mellon
Core Plus Bond Fund: Class P |
|
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Government
Bond Fund: Class I |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Government
Money Market Fund: Class I |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Aggressive Fund: Class II |
X |
X |
X |
|
|
|
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Balanced Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Capital Appreciation Fund: Class II |
X |
X |
X |
X |
|
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Conservative Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Managed Growth & Income Fund: Class II |
|
|
|
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Managed Growth Fund: Class II |
|
|
|
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Moderate Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Moderately Aggressive Fund: Class II |
X |
X |
X |
X |
|
|
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Moderately Conservative Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy
Large Cap Growth Fund: Class II |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Loomis
Short Term Bond Fund: Class II
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2023 |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Managed
American Funds Asset Allocation Fund: Class II |
|
|
|
|
X |
X |
Nationwide Variable Insurance Trust - NVIT Mid Cap
Index Fund: Class I |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Victory Mid
Cap Value Fund: Class II |
X |
X |
|
|
|
|
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Neuberger Berman Advisers Management Trust - Short
Duration Bond Portfolio: Class I Shares
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2012 |
X |
X |
|
|
|
|
Static Asset Allocation Models - American Funds
Managed Option (33% NVIT - NVIT American Funds
Bond Fund, 33% NVIT - NVIT Managed American Funds
Asset Allocation Fund, 34% NVIT - NVIT Managed
American Funds Growth-Income Fund) |
|
|
|
X |
X |
X |
Static Asset Allocation Models - Balanced Option (50%
Nationwide NVIT Investor Dest. Moderate Fund and
50% Nationwide NVIT Investor Dest. Moderately
Conservative Fund)
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2009 |
X |
X |
X |
X |
X |
X |
Static Asset Allocation Models - BlackRock Option (34%
NVIT BlackRock Equity Dividend V.I. Fund, 33% NVIT
BlackRock Managed Global Allocation Fund, 33%
BlackRock Total Return V.I. Fund) |
|
|
|
X |
X |
X |
Static Asset Allocation Models - Capital Appreciation
Option (50% Nationwide NVIT Investor Dest. Moderate
Fund and 50% Nationwide NVIT Investor Dest.
Moderately Aggressive Fund)
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2009 |
X |
X |
X |
X |
X |
X |
Static Asset Allocation Models - Fidelity® VIP Funds
Option (35% Fidelity VIP Balanced Portfolio - Service
Class 2, 30% Fidelity VIP Growth & Income Portfolio -
Service Class 2, 35% Fidelity VIP Investment Grade
Bond Portfolio - Service Class 2) |
|
|
|
X |
X |
X |
Static Asset Allocation Models - Nationwide Variable
Insurance Trust iShares Option (50% Nationwide
Variable Insurance Trust - NVIT iShares® Fixed Income
ETF Fund: Class II, 50% Nationwide Variable Insurance
Trust - NVIT iShares® Global Equity ETF Fund: Class II) |
|
|
|
X |
X |
X |
Custom Portfolio Asset Rebalancing Service -
Aggressive |
X |
X |
X |
|
|
|
Custom Portfolio Asset Rebalancing Service - Balanced |
X |
X |
X |
X |
X |
X |
Custom Portfolio Asset Rebalancing Service - Capital
Appreciation |
X |
X |
X |
X |
X |
|
Custom Portfolio Asset Rebalancing Service -
Conservative |
X |
X |
X |
X |
X |
X |
Custom Portfolio Asset Rebalancing Service - Moderate |
X |
X |
X |
|
|
|
Custom Portfolio Asset Rebalancing Service -
Moderately Aggressive |
X |
X |
X |
X |
|
|
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Custom Portfolio Asset Rebalancing Service -
Moderately Conservative |
X |
X |
X |
X |
X |
X |
Asset Class |
Conservative |
Moderately Conservative |
Balanced |
Moderate |
Capital Appreciation |
Moderately Aggressive1 |
Aggressive
(CPP &
Standard CPPLI
only) |
Large Growth |
6% |
12% |
14% |
17% |
19% |
21% |
22% |
Large Value |
6% |
12% |
14% |
17% |
19% |
21% |
22% |
Mid-Cap |
2% |
3% |
4% |
4% |
6% |
7% |
8% |
Small-Cap |
2% |
3% |
4% |
4% |
4% |
5% |
6% |
International Growth |
2% |
5% |
7% |
9% |
11% |
13% |
16% |
International Value |
2% |
5% |
7% |
9% |
11% |
13% |
16% |
Bonds |
51% |
41% |
36% |
31% |
25% |
20% |
10% |
Short-Term Bonds |
29% |
19% |
14% |
9% |
5% |
0% |
0% |
Cash |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
GRAND TOTAL |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
Investment Option |
Large Value |
Large Growth |
International Growth |
Mid-Cap |
Small-Cap |
International Value |
Bonds |
Short-
Term Bonds |
Cash |
AllianceBernstein Variable
Products Series Fund, Inc. - AB
VPS Discovery Value Portfolio:
Class B |
|
|
|
X |
|
|
|
|
|
BlackRock Variable Series
Funds II, Inc. - BlackRock Total
Return V.I. Fund: Class III |
|
|
|
|
|
|
X |
|
|
Delaware VIP Trust -
Macquarie VIP Small Cap
Value Series: Service Class |
|
|
|
|
X |
|
|
|
|
Fidelity Variable Insurance
Products Fund - VIP Equity-
Income Portfolio: Service Class
2 |
X |
|
|
|
|
|
|
|
|
Fidelity Variable Insurance
Products Fund - VIP Growth &
Income Portfolio: Service Class
2 |
X |
|
|
|
|
|
|
|
|
Investment Option |
Large
Value |
Large
Growth |
International
Growth |
Mid-Cap |
Small-Cap |
International
Value |
Bonds |
Short-
Term
Bonds |
Cash |
Fidelity Variable Insurance
Products Fund - VIP Growth
Portfolio: Service Class 2 |
|
X |
|
|
|
|
|
|
|
Fidelity Variable Insurance
Products Fund - VIP
Investment Grade Bond
Portfolio: Service Class 2 |
|
|
|
|
|
|
X |
|
|
Fidelity Variable Insurance
Products Fund - VIP Overseas
Portfolio: Service Class 2 |
|
|
X |
|
|
|
|
|
|
Invesco - Invesco V.I. Main
Street Small Cap Fund: Series
II |
|
|
|
|
X |
|
|
|
|
Ivy Variable Insurance
Portfolios - Macquarie VIP Mid
Cap Growth Series: Service
Class |
|
|
|
X |
|
|
|
|
|
Janus Aspen Series - Janus
Henderson Flexible Bond
Portfolio: Service Shares |
|
|
|
|
|
|
X |
|
|
Lincoln Variable Insurance
Products Trust - LVIP American
Century Inflation Protection
Fund: Service Class |
|
|
|
|
|
|
X |
|
|
Lincoln Variable Insurance
Products Trust - LVIP American
Century Mid Cap Value Fund:
Service Class |
|
|
|
X |
|
|
|
|
|
Lord Abbett Series Fund, Inc. -
Total Return Portfolio: Class VC |
|
|
|
|
|
|
X |
|
|
MFS® Variable Insurance Trust
- MFS New Discovery Series:
Service Class |
|
|
|
|
X |
|
|
|
|
MFS® Variable Insurance Trust
- MFS Value Series: Service
Class |
X |
|
|
|
|
|
|
|
|
MFS® Variable Insurance Trust
II - MFS International Intrinsic
Value Portfolio: Service Class |
|
|
|
|
|
X |
|
|
|
Nationwide Variable Insurance
Trust - NVIT Allspring
Discovery Fund: Class II |
|
|
|
X |
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT American Funds
Bond Fund: Class II |
|
|
|
|
|
|
X |
|
|
Nationwide Variable Insurance
Trust - NVIT American Funds
Global Growth Fund: Class II |
|
|
X |
|
|
|
|
|
|
Investment Option |
Large
Value |
Large
Growth |
International
Growth |
Mid-Cap |
Small-Cap |
International
Value |
Bonds |
Short-
Term
Bonds |
Cash |
Nationwide Variable Insurance
Trust - NVIT American Funds
Growth Fund: Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT American Funds
Growth-Income Fund: Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT AQR Large Cap
Defensive Style Fund: Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT BlackRock Equity
Dividend Fund: Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT BNY Mellon Core
Plus Bond Fund: Class P |
|
|
|
|
|
|
X |
|
|
Nationwide Variable Insurance
Trust - NVIT BNY Mellon
Dynamic U.S. Core Fund:
Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT BNY Mellon
Dynamic U.S. Equity Income:
Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Calvert Equity
Fund: Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Columbia
Overseas Value Fund: Class I |
|
|
|
|
|
X |
|
|
|
Nationwide Variable Insurance
Trust - NVIT Core Bond Fund:
Class II |
|
|
|
|
|
|
X |
|
|
Nationwide Variable Insurance
Trust - NVIT Government Bond
Fund: Class I |
|
|
|
|
|
|
X |
|
|
Nationwide Variable Insurance
Trust - NVIT Government
Money Market Fund: Class I |
|
|
|
|
|
|
|
|
X |
Nationwide Variable Insurance
Trust - NVIT International
Equity Fund: Class II |
|
|
X |
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT International Index
Fund: Class VIII |
|
|
|
|
|
X |
|
|
|
Nationwide Variable Insurance
Trust - NVIT Invesco Small Cap
Growth Fund: Class II |
|
|
|
|
X |
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Jacobs Levy Large
Cap Core Fund: Class II |
X |
|
|
|
|
|
|
|
|
Investment Option |
Large
Value |
Large
Growth |
International
Growth |
Mid-Cap |
Small-Cap |
International
Value |
Bonds |
Short-
Term
Bonds |
Cash |
Nationwide Variable Insurance
Trust - NVIT Jacobs Levy Large
Cap Growth Fund: Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Loomis Short
Term Bond Fund: Class II |
|
|
|
|
|
|
|
X |
|
Nationwide Variable Insurance
Trust - NVIT Mid Cap Index
Fund: Class I |
|
|
|
X |
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Multi-Manager
Small Cap Value Fund: Class II |
|
|
|
|
X |
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Multi-Manager
Small Company Fund: Class II |
|
|
|
|
X |
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT NS Partners
International Focused Growth
Fund: Class II |
|
|
X |
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT S&P 500® Index
Fund: Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Small Cap Index
Fund: Class II |
|
|
|
|
X |
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Victory Mid Cap
Value Fund: Class II |
|
|
|
X |
|
|
|
|
|
PIMCO Variable Insurance
Trust - Short-Term Portfolio:
Advisor Class |
|
|
|
|
|
|
|
X |
|
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
01-01-1991 |
Five-year Contract
Anniversary |
n/a |
$116,678 |
01-01-1993 |
Partial Withdrawal |
$10,000 |
$104,344 |
01-01-1996 |
Five-year Contract
Anniversary |
n/a |
$110,814 |
03-01-1996 |
Annuitant’s 86th birthday |
n/a |
$111,026 |
01-01-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$119,140 |
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
$119,140 |
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
$91,254 |
(3) |
the highest Contract Value on any five-year Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after
that five-year Contract Anniversary. |
$110,814 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
01-01-1990 |
Partial Withdrawal |
$10,000 |
$106,678 |
01-01-1994 |
Contract Anniversary |
n/a |
$123,362 |
03-01-1996 |
Annuitant’s 86th birthday |
n/a |
$111,026 |
02-01-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$119,368 |
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
$119,368 |
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
$91,429 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$123,362 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
01-01-1990 |
Partial Withdrawal |
$10,000 |
$106,678 |
01-01-1994 |
Contract Anniversary |
n/a |
$123,362 |
03-01-1996 |
Annuitant’s 86th birthday |
n/a |
$111,026 |
02-01-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$119,368 |
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
$119,368 |
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
$91,429 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$123,362 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
02-14-1988 |
Subsequent Purchase
Payment |
$25,000 |
$133,673 |
07-28-1996 |
Partial Withdrawal |
$10,000 |
$176,253 |
09-30-2004 |
Annuitant’s 81st birthday |
n/a |
$242,931 |
03-01-2005 |
Subsequent Purchase
Payment |
$11,000 |
$257,931 |
05-15-2007 |
Partial Withdrawal |
$7,000 |
$274,236 |
04-18-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$295,786 |
(1) |
the Contract Value as of the date that Nationwide receives all the
information necessary to pay the death benefit; |
$295,786 |
(2) |
the total of all purchase payments, less an adjustment for amounts
withdrawn; or |
$125,617 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 81st birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$247,366 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
02-14-1988 |
Subsequent Purchase
Payment |
$25,000 |
$133,673 |
07-28-1996 |
Partial Withdrawal |
$10,000 |
$176,253 |
09-30-2004 |
Annuitant’s 81st birthday |
n/a |
$242,931 |
03-01-2005 |
Subsequent Purchase
Payment |
$11,000 |
$257,931 |
05-15-2007 |
Partial Withdrawal |
$7,000 |
$274,236 |
04-18-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$295,786 |
(1) |
the Contract Value as of the date that Nationwide receives all the
information necessary to pay the death benefit; |
$295,786 |
(2) |
the total of all purchase payments, less an adjustment for amounts
withdrawn; or |
$125,617 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the
Annuitant's 81st birthday, less an adjustment for amounts
subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$247,366 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
02-14-1988 |
Subsequent Purchase
Payment |
$25,000 |
$133,666 |
07-28-1996 |
Partial Withdrawal |
$10,000 |
$176,202 |
09-30-2004 |
Annuitant’s 81st birthday |
n/a |
$242,807 |
03-01-2005 |
Subsequent Purchase
Payment |
$11,000 |
$257,803 |
05-15-2007 |
Partial Withdrawal |
$7,000 |
$274,079 |
04-18-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$295,602 |
(1) |
the Contract Value as of the date that Nationwide receives all the
information necessary to pay the death benefit; |
$295,602 |
(2) |
the total of all purchase payments, less an adjustment for amounts
withdrawn; or |
$126,067 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the
Annuitant's 81st birthday, less an adjustment for amounts
subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$240,646 |
(4) |
the interest anniversary value |
$252,134 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
02-14-1988 |
Subsequent Purchase
Payment |
$25,000 |
$133,666 |
07-28-1996 |
Partial Withdrawal |
$10,000 |
$176,202 |
09-30-2004 |
Annuitant’s 81st birthday |
n/a |
$242,807 |
03-01-2005 |
Subsequent Purchase
Payment |
$11,000 |
$257,803 |
05-15-2007 |
Partial Withdrawal |
$7,000 |
$274,079 |
04-18-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$295,602 |
(1) |
the Contract Value as of the date that Nationwide receives all the
information necessary to pay the death benefit; |
$295,602 |
(2) |
the total of all purchase payments, less an adjustment for amounts
withdrawn; or |
$126,067 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 81st birthday, less an adjustment for amounts subsequently
withdrawn, plus purchase payments received after that Contract
Anniversary. |
$240,646 |
(4) |
the interest anniversary value |
$252,134 |
Accumulation
Unit – An accounting unit of measure used to calculate the Contract Value allocated to the Variable
Account before the Annuitization Date. |
Annuitant
– The person(s) whose length of
life determines how long annuity payments are paid. The Annuitant must
be living on the date the contract is issued. |
Annuitization
Date – The date on which annuity
payments begin. |
Annuity Commencement Date – The date on which annuity payments are
scheduled to begin. |
Annuity Unit
– An accounting unit of measure used to calculate the value of variable annuity payments. |
Charitable Remainder Trust – A trust meeting the requirements of Section
664 of the Internal Revenue Code. |
Co-Annuitant
– The person designated by the
Contract Owner to receive the benefit associated with the Spousal
Protection Annuity Option. |
Contingent
Annuitant – The individual who
becomes the Annuitant if the Annuitant dies before the Annuitization Date. |
Contract
Anniversary – Each recurring
one-year anniversary of the date the contract was issued. |
Contract
Owner(s) – The person(s) who owns all rights under the contract. |
Contract
Value – The value of all Accumulation Units in a contract plus any amount held in the Fixed Account, the
GTOs (including PPCs), and the collateral fixed account.
|
Contract
Year – Each year the contract is in force beginning with the date the contract is issued. |
Current Income Benefit Base – For purposes of the 10% Nationwide Lifetime Income Rider, 7% Nationwide Lifetime
Income Rider, and 5% Nationwide Lifetime Income Rider, it is equal to the Original Income Benefit Base adjusted
throughout the life of the contract to account for subsequent purchase payments, excess
withdrawals, and reset opportunities. This amount is multiplied by the
Lifetime Withdrawal Percentage to arrive at the Lifetime Withdrawal Amount for any given year. |
Daily
Net Assets – A figure that is
calculated at the end of each Valuation Date and represents the sum of all
the Contract Owners interests in the Sub-Accounts after the deduction of underlying mutual fund expenses. |
Fixed
Account – An investment option that is funded by Nationwide's General Account. Amounts allocated to the Fixed Account will receive periodic interest subject to a guaranteed minimum crediting
rate. |
General
Account – All assets of Nationwide other than those of the Variable Account or in other separate accounts of Nationwide. |
Guaranteed
Term Options("GTOs") – Investment options that provide a guaranteed fixed interest rate paid over
specific term duration and contain a market value adjustment feature. Guaranteed Term
Option is referred to as Target Term Option in certain state
jurisdictions. |
Individual Retirement Account – An account that qualifies for favorable tax treatment under Section 408(a) of the
Internal Revenue Code, but does not include Roth IRAs. |
Individual Retirement Annuity or IRA – An annuity contract that qualifies for
favorable tax treatment under Section 408(b) of the Internal Revenue
Code, but does not include Roth IRAs or Simple IRAs. |
Investment-Only Contract – A contract purchased by a qualified pension,
profit-sharing, or stock bonus plan as defined by Section 401(a) of the
Internal Revenue Code. |
Lifetime
Withdrawal – For purposes of the
10% Nationwide Lifetime Income Rider, 7% Nationwide Lifetime Income
Rider, and 5% Nationwide Lifetime Income Rider, it is a withdrawal of all or a portion
of the Lifetime Withdrawal Amount. |
Lifetime Withdrawal Amount – For purposes of the 10% Nationwide Lifetime
Income Rider, 7% Nationwide Lifetime Income Rider, and 5% Nationwide
Lifetime Income Rider, the maximum amount that can be withdrawn between
Contract Anniversaries without reducing the Current Income Benefit Base. It is calculated annually, on each Contract
Anniversary, by multiplying the Current Income Benefit Base by the Lifetime Withdrawal Percentage. |
Lifetime Withdrawal Percentage – An age-based percentage used to determine the
Lifetime Withdrawal Amount
under the 10% Nationwide Lifetime Income Rider, 7% Nationwide Lifetime Income Rider,
and 5% Nationwide Lifetime Income Rider. The applicable percentage is
multiplied by the Current Income Benefit Base to arrive at the
Lifetime Withdrawal Amount for any given year. |
Monthly Contract Anniversary – Each recurring one-month anniversary of the date the contract was issued. |
Nationwide
– Nationwide Life Insurance
Company. |
Net
Asset Value – The value of one share of an underlying mutual fund at the close of regular trading on the New
York Stock Exchange. |
Non-Qualified Contract – A contract which does not qualify for favorable tax treatment as a Qualified
Plan, IRA, Roth
IRA,
SEP IRA, Simple IRA, or Tax Sheltered Annuity. |
Original Income Benefit Base – For purposes of the 10% Nationwide Lifetime Income Rider, 7% Nationwide Lifetime
Income Rider, and 5% Nationwide Lifetime Income Rider, the initial benefit base
calculated on the date the option is elected, which is equal to the
Contract Value. |
Qualified
Plan – A retirement plan that receives favorable tax treatment under Section 401 of the Internal Revenue
Code, including Investment-Only Contracts. In this prospectus, all provisions applicable to Qualified Plans also apply
to Investment-Only Contracts unless specifically stated otherwise. |
Roth
IRA – An annuity contract that qualifies for favorable tax treatment under Section 408A of the Internal Revenue
Code. |
SEC – Securities and Exchange
Commission. |
SEP
IRA – An annuity contract which qualifies for favorable tax treatment under Section 408(k) of the Internal
Revenue Code. |
Service
Center – The department of Nationwide responsible for receiving all service and transaction requests relating to the contract. For service and transaction requests submitted other than by telephone (including fax requests), the
Service Center is Nationwide's mail and document processing facility. For service and transaction requests communicated by telephone, the Service Center is Nationwide's operations processing facility. Information on how to contact the Service Center is in the Contacting the Service Center provision. |
Simple
IRA – An annuity contract which qualifies for favorable tax treatment under Section 408(p) of the Internal
Revenue Code. |
Sub-Accounts
– Divisions of the Variable Account, each of which invests in a single underlying mutual fund. |
Target
Term Option – Investment options that are, in all material respects, the same as Guaranteed Term Options. All
references in this prospectus to Guaranteed Term Options will also mean Target Term Options (in applicable
jurisdictions). |
Tax
Sheltered Annuity – An annuity
that qualifies for favorable tax treatment under Section 403(b) of the Internal Revenue Code. The Tax Sheltered Annuities sold under this prospectus are not available in connection with
investment plans that are subject to ERISA. |
Valuation
Date – Each day the New York Stock Exchange is open for business or any other day during which there is
a sufficient degree of trading such that the current Net Asset Value of the underlying mutual fund shares might be
materially affected. Values of the Variable Account are determined as of the close of regular trading on the New
York Stock Exchange, which generally closes at 4:00 p.m.
EST. |
Valuation
Period – The period of time commencing at the close of a Valuation
Date and ending at the close of regular trading on the New York Stock Exchange for the next succeeding Valuation
Date. |
Variable Account – Nationwide Variable Account-II, a separate
account that Nationwide established to hold Contract
Owner assets allocated to variable investment options. The Variable Account is divided into Sub-Accounts, each of
which invests in a separate underlying mutual fund. |
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FEES AND EXPENSES
(see Fee Table
and Charges and
Deductions) | |||
Charges for Early
Withdrawals |
If the Contract Owner withdraws money from the contract within 7 years following his/her
last purchase payment, a Contingent Deferred Sales Charge (or "CDSC")
may apply (see Contingent Deferred Sales
Charge). The CDSC is used to recoup sales and other expenses associated with the contract that Nationwide incurs during the early years of the
contract. The CDSC will not exceed 7% of the amount of purchase payments withdrawn,
declining to 0% over 7 years.
For example, for a contract with a $100,000 investment, a withdrawal taken during
the CDSC period could result in a CDSC of up to $7,000.
| ||
Transaction Charges |
Nationwide also charges a loan processing fee at the time each new loan is processed (see Loan Privilege). | ||
Ongoing Fees and
Expenses (annual
charges) |
The table below describes the fees and expenses that you may pay each year,
depending on the options chosen. Please refer to your contract
specifications page for information about the specific fees you will
pay each year based on the options you have elected. | ||
Annual Fee |
Minimum |
Maximum | |
Base Contract |
1.10%1 |
1.13%1 | |
Investment options (underlying mutual fund fees
and expenses) |
0.41%2 |
4.26%2 | |
Optional benefits available for an additional
charge (for a single optional benefit, if elected) |
0.10%3 |
1.20%3 | |
1 As a percentage of Daily Net Assets, plus a percentage attributable to the Contract
Maintenance Charge.
2 As a percentage of underlying mutual fund assets. 3 As a percentage of Daily Net Assets or Current
Income Benefit Base, depending on the optional benefit(s)
elected. | |||
Because each contract is customizable, the options elected affect how much each
Contract Owner will pay. To help you understand the cost of owning the
contract, the following table shows the lowest and highest cost a
Contract Owner could pay each year,
based on current charges. This estimate assumes that no withdrawals are taken from
the contract, which could add a CDSC that substantially increases costs.
| |||
Lowest Annual Cost Estimate:
$1,411.42 |
Highest Annual Cost Estimate:
$6,480.49 | ||
Assumes:
• Investment of $100,000 • 5% annual appreciation
• Least expensive underlying mutual fund fees and expenses • No optional benefits
• No CDSC • No additional purchase payments, transfers or
withdrawals |
Assumes: • Investment of $100,000
• 5% annual appreciation • Most expensive combination of
optional benefits and underlying
mutual fund fees and expenses
• No CDSC • No additional purchase payments,
transfers or withdrawals |
RISKS | |
Risk of Loss |
Contract Owners of variable annuities can lose money by investing in the contract,
including loss of principal (see Principal Risks). |
RISKS | |
Not a Short-Term
Investment |
The contract is not a short-term investment and is not appropriate for an investor
who needs ready access to cash. Nationwide has designed the contract to offer features,
pricing, and investment options that encourage long-term ownership (see Principal Risks).
A CDSC may apply for up to 7 years following the last purchase payment and could
reduce the value of the contract if purchase payments are withdrawn
during that time (see Contingent Deferred Sales
Charge). The benefits of tax deferral and living benefit protections also mean that the contract is more beneficial to investors with a long time
horizon (see Principal Risks). |
Risks Associated with
Investment Options |
• Investment in this contract is subject to the risk of poor investment performance of the
investment options chosen by the Contract Owner.
• Each investment option (including the Fixed Account and Guaranteed Term Options) has its own unique risks. • Review the prospectuses and disclosures for the investment options before
making an investment decision.
See Principal Risks. |
Insurance Company Risks |
Investment in the contract is subject to the risks associated with Nationwide, including that
any obligations (including interest payable for allocations to the Fixed Account and
Guaranteed Term Options), guarantees, or benefits are subject to the claims-paying ability of Nationwide. More information about Nationwide, including its financial strength ratings, is available by contacting Nationwide at the address and/or toll-free phone number indicated in Contacting the Service Center (see Principal Risks). |
RESTRICTIONS |
|
Investments |
• Nationwide reserves the right to add, remove, and substitute investment options
available under the contract (see The Sub-Accounts and Underlying Mutual Funds).
• Allocations to the Fixed Account may not be transferred to another investment option except at the end of a Fixed Account interest rate guarantee period (see The Fixed Account). • Allocations to the Guaranteed Term Options that are transferred to another investment
option prior to maturity are subject to a market value adjustment (see Guaranteed Term Options).
• Allocations to the Guaranteed Term Options may not be transferred to another available investment option during the Capital Preservation Plus program period (see Capital Preservation Plus Option).
• Not all investment options may be available under your contract (see
Appendix A: Underlying Mutual Funds Available Under the Contract).
• Transfers between Sub-Accounts are subject to policies designed to deter short-term and excessively frequent transfers. Nationwide may restrict the form in which transfer requests will be accepted (see Transfer Restrictions). |
Optional Benefits |
• Certain optional benefits limit or restrict the investment options
available for investment. • Nationwide reserves the right to discontinue offering any optional benefit. Such a
discontinuance will only apply to new contracts and will not impact
any contracts already in force.
• For certain optional benefits, Nationwide reserves the right to refuse or limit subsequent purchase payments. • For certain optional benefits, a Contract Owner’s ability to continue to receive certain
benefits is contingent on a Contract Owner’s agreement to new terms and conditions.
• For certain optional benefits, while withdrawals are not restricted, the impact of certain
withdrawals could have a negative impact on the amount of the benefit ultimately
available.
• For certain optional benefits, certain withdrawals could negatively impact the amount of
the benefit by an amount greater than the amount withdrawn and/or could terminate
the optional benefit.
See Benefits Under the Contract. |
TAXES | |
Tax Implications |
• Consult with a tax professional to determine the tax implications of an investment in and
payments received under this contract.
• If the contract is purchased through a tax-qualified plan or IRA, there is no additional tax
deferral.
• Earnings in the contract are taxed at ordinary income tax rates at the time of
withdrawals and there may be a tax penalty if withdrawals are taken before the
Contract Owner reaches age 59½.
See Appendix B: Contract Types and Tax Information. |
CONFLICTS OF INTEREST | |
Investment Professional
Compensation |
Some financial professionals receive compensation for selling the contract.
Compensation can take the form of commission and other indirect
compensation in that Nationwide may
share the revenue it earns on this contract with the financial professional’s
firm. This conflict of interest may influence a financial
professional, as these financial professionals may have a financial
incentive to offer or recommend this contract over another investment
(see Distribution, Promotional, and Sales Expenses). |
Exchanges |
Some financial professionals may have a financial incentive to offer an investor a new
contract in place of the one he/she already owns. An investor should only exchange
his/her contract if he/she determines, after comparing the features,
fees, and risks of both contracts, that it is preferable for him/her
to purchase the new contract, rather than to continue to own the
existing one (see Replacements and Distribution, Promotional, and Sales Expenses). |
Transaction Expenses | |
Maximum Contingent Deferred Sales Charge ("CDSC") (as a percentage of
purchase payments surrendered) |
7% |
Number of Completed Years from Date of Purchase Payment |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
CDSC Percentage |
7% |
7% |
6% |
5% |
4% |
3% |
2% |
0% |
Loan Processing Fee |
$251
|
Annual Contract Expenses | |
Annual Loan Interest Charge (assessed as a reduction to the credited
interest rate) |
2.25%2
|
Maximum Administrative
Expense3 |
$30 |
Base Contract Expenses4 (assessed as an annualized percentage of the Daily Net Assets) |
1.10% |
Optional Benefit Expenses5
|
|
Optional Death Benefits6 (assessed as an annualized percentage of Daily Net Assets) |
|
One-Year Enhanced Death Benefit II Option Charge |
0.15%7
|
One-Year Enhanced Death Benefit Option Charge (available until September
1, 2004 or until state approval is received for the One-Year Enhanced Death
Benefit II Option) |
0.10% |
One-Month Enhanced Death Benefit II Option Charge |
0.35%8
|
One-Month Enhanced Death Benefit Option Charge (available until September
1, 2004 or until state approval is received for the One-Month Enhanced
Death Benefit II Option) |
0.30% |
Combination Enhanced Death Benefit II Option Charge |
0.45%9
|
Combination Enhanced Death Benefit Option Charge (available until
September 1, 2004 or until state approval is received for the Combination
Enhanced Death Benefit II Option) |
0.40%10
|
Spousal Protection Annuity Option Charge (assessed as an annualized
percentage of Daily Net Assets) |
0.20% |
Beneficiary Protector II Option Charge (assessed as an annualized
percentage of Daily Net Assets) |
0.35%11
|
In addition to the charge assessed to Variable Account allocations, allocations made to the Fixed Account or to the
Guaranteed Term Options will be assessed a fee of 0.35%. |
|
Extra Value Option Charge (assessed as an annualized percentage of Daily
Net Assets) |
0.45%12
|
In addition to the charge assessed to Variable Account allocations, allocations made to the Fixed Account and the
Guaranteed Term Options for the first seven Contract Years will be assessed a fee of
0.45%. |
|
Capital Preservation Plus Lifetime Income Option Charge13 (assessed as an annualized percentage of Daily Net
Assets) |
1.00%14
|
In addition to the charge assessed to Variable Account allocations, allocations made to the Guaranteed Term Options
or Target Term Options will be assessed a fee of no more than 1.00%. |
|
Capital Preservation Plus Option Charge (assessed as an annualized
percentage of Daily Net Assets) (no longer available) |
0.50% |
In addition to the charge assessed to Variable Account allocations, allocations made to the Guaranteed Term Options
or Target Term Options will be assessed a fee of 0.50%. |
|
Living Benefit Options15 (assessed annually as a percentage of Current Income
Benefit Base16) |
|
Maximum 5% Nationwide Lifetime Income Rider Option Charge (only available
in NY) |
1.00%17
|
Joint Option for the 5% Nationwide Lifetime Income Rider Option Charge
(this is in addition to the charge for the 5% Nationwide Lifetime Income Rider option) (only available in NY) |
0.15% |
Annual Contract Expenses | |
Maximum 7% Nationwide Lifetime Income Rider Option Charge (not available
in NY) |
1.00%18
|
Joint Option for the 7% Nationwide Lifetime Income Rider Option Charge
(this is in addition to the charge for the 7% Nationwide Lifetime Income Rider option) (not available in NY) |
0.15% |
Maximum 10% Nationwide Lifetime Income Rider Option Charge |
1.20%19
|
Maximum Joint Option for the 10% Nationwide Lifetime Income Rider Option Charge (this is in addition to the charge for the 10% Nationwide Lifetime Income Rider option) (not available in NY) |
0.30%20
|
Annual Underlying Mutual Fund Expenses | ||
|
Minimum |
Maximum |
(Expenses that are deducted from underlying mutual fund assets, including
management fees, distribution and/or service (12b-1) fees, and other
expenses, as a percentage of average underlying mutual fund net
assets.) |
0.41% |
4.26% |
|
If the contract is surrendered at the end of the applicable time
period |
If the contract is annuitized at the end of the applicable time
period |
If the contract is not surrendered | |||||||||
|
1 Yr. |
3 Yrs. |
5 Yrs. |
10 Yrs. |
1 Yr. |
3 Yrs. |
5 Yrs. |
10 Yrs. |
1 Yr. |
3 Yrs. |
5 Yrs. |
10 Yrs. |
Maximum Annual Underlying
Mutual Fund
Expenses (4.26%) |
$15,757 |
$30,296 |
$43,616 |
$74,155 |
* |
$25,296 |
$40,616 |
$74,155 |
$8,757 |
$25,296 |
$40,616 |
$74,155 |
Minimum Annual Underlying
Mutual Fund
Expenses (0.41%) |
$11,715 |
$19,184 |
$26,707 |
$47,755 |
* |
$14,184 |
$23,707 |
$47,755 |
$4,715 |
$14,184 |
$23,707 |
$47,755 |
Number of Completed Years from Date of Purchase Payment |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
7+ |
CDSC
Percentage |
7% |
7% |
6% |
5% |
4% |
3% |
2% |
0% |
Example: |
On a contract where the only optional benefit elected is the Extra Value Option, the Variable
Account value will be calculated using unit values with Variable Account charges of
1.55% for the first seven Contract Years. At the end of that period, the
charge associated with the Extra Value Option will be removed. From that
point on, the Variable Account value will be calculated using the unit
values with Variable Account charges at 1.10%. Thus, the Extra Value
Option charge is no longer included in the daily Sub-Account valuation for the contract. |
Example: |
Sub-Account X with charges of 1.55% will have a lower unit value than Sub-Account X with
charges of 1.10% (higher expenses result in lower unit values). When, upon re-rating,
the unit values used in calculating Variable Account value are dropped
from the higher expense level to the lower expense level, the higher unit
values will cause an incidental increase in the Contract Value. In order
to avoid this incidental increase, Nationwide adjusts the number of units
in the contract down so that the Contract Value after the re-rating is the same as the Contract Value before the re-rating. |
Name of Benefit |
Purpose |
Maximum
Fee |
Brief Description of Restrictions/Limitations
|
Purchase Payment
Credits |
Additional credits on
aggregate purchase
payment amounts |
None |
• Requires notification to Nationwide of assets outside the contract • Subject to recapture in certain circumstances |
Standard Death Benefit
(Five-Year Enhanced
Death Benefit) |
Death benefit upon
death of Annuitant prior
to Annuitization |
None |
• Certain ownership changes and assignments could reduce the death benefit • Nationwide may limit purchase payments to
$1,000,000
• Death benefit calculation is adjusted if purchase payments exceed $3,000,000 |
Asset Rebalancing (see
Contract Owner
Services) |
Automatic reallocation
of assets on a
predetermined
percentage basis |
None |
• Assets in the Fixed Account and GTOs are excluded from the program |
Dollar Cost Averaging
(see Contract Owner Services) |
Long-term transfer
program involving
automatic transfer of
assets |
None |
• Transfers are only permitted from the Fixed Account and a limited number of Sub-Accounts • Transfers may not be directed to the Fixed Account
or GTOs
• Transfers from the Fixed Account must be equal to or less than 1/30th of the Fixed Account value at the time the program is requested |
Enhanced Fixed
Account Dollar Cost
Averaging (see Contract Owner Services) |
Long-term transfer
program involving
automatic transfer of
Fixed Account
allocations with higher
interest crediting rate |
None |
• Transfers are only permitted from the Fixed Account • Only new purchase payments to the contract are
eligible for the program
• Transfers may not be directed to the Fixed Account or GTOs |
Dollar Cost Averaging
for Living Benefits (see
Contract Owner
Services) |
Long-term transfer
program involving
automatic transfer of
assets |
None |
• Only available for contracts that elect a living benefit • Transfers are only permitted from the Fixed Account
• Only new purchase payments to the contract are eligible for the program • Only those investment options available with the
elected living benefit are eligible for the program
• Once elected, no transfers among or between Sub- Accounts are permitted until the program is completed or terminated |
Fixed Account Interest
Out Dollar Cost
Averaging (see Contract Owner Services) |
Automatic transfer of
interest earned on Fixed
Account allocations |
None |
• Transfers may not be directed to the Fixed Account
or GTOs |
Name of Benefit |
Purpose |
Maximum
Fee |
Brief Description of Restrictions/Limitations
|
Systematic Withdrawals
(see Contract Owner Services) |
Automatic withdrawals
of Contract Value on a
periodic basis |
None |
• Withdrawals must be at least $100 each |
Custom Portfolio Asset
Rebalancing Service
(see Contract Owner Services) |
Customizable asset
allocation tool with
automatic reallocation
on a periodic basis |
None |
• Only available for contracts that elect Capital Preservation Plus Option or a living benefit. • During the program, cannot participate in other
asset allocation or asset rebalancing programs
• Allocation limitations exist based on asset allocation models with distinct investment goals |
Static Asset Allocation
Model (see Contract Owner Services) |
Preset asset allocation
models with periodic
rebalancing |
None |
• Only available for contracts that elect Capital
Preservation Plus Option or a living benefit
• Availability may be restricted based on the living benefit elected • The entire Contract Value must be allocated to the
elected model |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
Loans (see Loan Privilege) |
Loan from Contract
Value |
$25 Loan
Processing
Fee and
2.25%
compound
interest on
outstanding
loan balance |
$25 Loan
Processing
Fee and
2.25%
compound
interest on
outstanding
loan balance |
• Only available to owners of Tax Sheltered Annuities • Subject to terms of the Tax
Sheltered Annuity plan
• Minimum and maximum loan amounts apply • Loans must be repaid within a
specified period
• Loan payments must be made at least quarterly |
One-Year Enhanced
Death Benefit II Option |
Enhanced death benefit |
0.15% (Daily
Net Assets) |
0.15% (Daily
Net Assets) |
• Annuitant must be 80 or younger at
application
• May not be elected if another death benefit option is elected • Must be elected at application
• Election is irrevocable • Certain ownership changes and
assignments could reduce the death
benefit
• Nationwide may limit purchase payments to $1,000,000 • Death benefit calculation is adjusted
if purchase payments exceed
$3,000,000 |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
One-Year Enhanced
Death Benefit Option |
Enhanced death benefit |
0.10% (Daily
Net Assets) |
0.10% (Daily
Net Assets) |
• Limited availability • May not be elected if another death
benefit option is elected
• Must be elected at application • Election is irrevocable
• Certain ownership changes and assignments could reduce the death benefit • Nationwide may limit purchase
payments to $1,000,000
• Death benefit calculation is adjusted if purchase payments exceed $3,000,000 |
One-Month Enhanced
Death Benefit II Option |
Enhanced death benefit |
0.35% (Daily
Net Assets) |
0.35% (Daily
Net Assets) |
• Annuitant must be 80 or younger at application • May not be elected if another death
benefit option is elected
• Must be elected at application • Election is irrevocable
• Certain ownership changes and assignments could reduce the death benefit • Nationwide may limit purchase
payments to $1,000,000
• Death benefit calculation is adjusted if purchase payments exceed $3,000,000 |
One-Month Enhanced
Death Benefit Option |
Enhanced death benefit |
0.20% (Daily
Net Assets) |
0.20% (Daily
Net Assets) |
• Limited availability • May not be elected if another death
benefit option is elected
• Must be elected at application • Election is irrevocable
• Certain ownership changes and assignments could reduce the death benefit • Nationwide may limit purchase
payments to $1,000,000
• Death benefit calculation is adjusted if purchase payments exceed $3,000,000 |
Combination Enhanced
Death Benefit II Option |
Enhanced death benefit |
0.45% (Daily
Net Assets) |
0.45% (Daily
Net Assets) |
• Annuitant must be 75 or younger at
application
• May not be elected if another death benefit option is elected • Must be elected at application
• Election is irrevocable • Certain ownership changes and
assignments could reduce the death
benefit
• Nationwide may limit purchase payments to $1,000,000 • Death benefit calculation is adjusted
if purchase payments exceed
$3,000,000 |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
Combination Enhanced
Death Benefit Option |
Enhanced death benefit |
0.40% (Daily
Net Assets) |
0.40% (Daily
Net Assets) |
• Limited availability • Annuitant must be 80 or younger at
application
• May not be elected if another death benefit option is elected • Must be elected at application
• Election is irrevocable • Certain ownership changes and
assignments could reduce the death
benefit
• Nationwide may limit purchase payments to $1,000,000 • Death benefit calculation is adjusted
if purchase payments exceed
$3,000,000 |
Spousal Protection
Annuity Option |
Second death benefit |
0.20% (Daily
Net Assets) |
0.20% (Daily
Net Assets) |
• Not applicable to Charitable Remainder Trusts • Must be elected at application
• Election is irrevocable • One or both spouses (or a revocable
trust of which either or both of the
spouses is/are grantor(s)) must be
named as the Contract Owner
• For contracts issued as an IRA or Roth IRA, only the person for whom the IRA or Roth IRA was established may be named as the Contract Owner • Only available to Contract Owner’s
spouse
• Spouses must be Co-Annuitants • Both spouses must be 85 or younger
at contract issuance
• Spouses must be named as beneficiaries • No other person may be named as
Contract Owner, Annuitant, or
primary beneficiary
• If the Contract Owner requests to add a Co-Annuitant after contract issuance, the date of marriage must be after the contract issue date and Nationwide will require the Contract Owner to provide a copy of the marriage certificate • Benefit is forfeited if certain changes
to the parties or assignments are
made |
Beneficiary Protector II
Option |
Payment of an amount
that could be used to
pay taxes assessed on
death benefit proceeds |
0.35% (Daily
Net Assets
and Fixed
Account
interest
credited and
GTO
guaranteed
rate of
return) |
0.35% (Daily
Net Assets
and Fixed
Account
interest
credited and
GTO
guaranteed
rate of
return) |
• Must be elected at application
• Election is irrevocable • Annuitant must be 75 or younger at
application |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
Extra Value Option |
Additional money is
deposited to the
contract (bonus credits) |
0.45% (Daily
Net Assets,
Fixed
Account
interested
credited, and
GTO
guaranteed
rate of
return) |
0.45% (Daily
Net Assets,
Fixed
Account
interested
credited, and
GTO
guaranteed
rate of
return) |
• Must be elected at application • Election is irrevocable
• Not available if a living benefit option is elected • Bonus credit only applies to deposits
made during the first Contract Year
• Bonus credits are subject to recapture under certain circumstances • Fixed Account allocations may be
restricted under certain
circumstances |
Capital Preservation
Plus Lifetime Income
Option |
Principal protection and
guaranteed lifetime
income stream |
1.00% (Daily
Net Assets
and GTO
guaranteed
rate of
return) |
0.75% (Daily
Net Assets
and GTO
guaranteed
rate of
return) |
• Limited availability • May not be elected if another living
benefit is elected
• Restrictions on termination apply • Not available for beneficially owned
contracts
• Investment restrictions apply • Not available if a loan is outstanding
• No new loans are permitted • Additional purchase payments are
not permitted during the program
period
• Enhanced Fixed Account Dollar Cost Averaging is not available • Surrenders cannot be taken
exclusively from the GTO during the
program period
• Transfers to and from the GTO are not permitted during the program period • Current charge could change
• Determining life must be at 35 or older at the time of election • Determining life cannot be changed |
Capital Preservation
Plus Option |
Principal protection |
0.50% (Daily
Net Assets
and GTO
guaranteed
rate of
return) |
0.50% (Daily
Net Assets
and GTO
guaranteed
rate of
return) |
• No longer available
• Must be elected at application • Investment restrictions apply
• Not available if a loan is outstanding • No new loans are permitted
• Additional purchase payments are not permitted during the program period • Enhanced Fixed Account Dollar Cost
Averaging is not available
• Surrenders cannot be taken exclusively from the GTO • Transfers to and from the GTO are
not permitted during the program
period
• Restrictions on termination apply |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
5% Nationwide Lifetime
Income Rider |
Guaranteed lifetime
income stream |
1.00%
(Current
Income
Benefit
Base) |
0.85%
(Current
Income
Benefit
Base) |
• Limited availability • May not be elected if another living
benefit is elected
• Election is irrevocable • Not available for beneficially owned
contracts
• Investment limitations • Current charge could change
• Subsequent purchase payment limitations • Determining life must be between 45
and 85 at application
• Determining life cannot be changed |
Joint Option for the 5%
Nationwide Lifetime
Income Rider |
Extension of
guaranteed lifetime
income stream for
spouse |
0.15%
(Current
Income
Benefit
Base) |
0.15%
(Current
Income
Benefit
Base) |
• Limited availability • Only available if the 5% Nationwide
Lifetime Income Rider option is
elected
• Must be elected at application • Limitations on revocability
• Not available for beneficially owned contracts • Not available for Charitable
Remainder Trusts
• Only available to Contract Owner’s spouse • Both spouses must be between 45
and 85 at application
• Restrictions exist on the parties named to the contract |
7% Nationwide Lifetime
Income Rider |
Guaranteed lifetime
income stream |
1.00%
(Current
Income
Benefit
Base) |
0.95%
(Current
Income
Benefit
Base) |
• Limited availability
• May not be elected if another living benefit is elected • Must be elected at application
• Election is irrevocable • Not available for beneficially owned
contracts
• Investment limitations • Current charge could change
• Subsequent purchase payment limitations • Determining life must be between 45
and 85 at application
• Determining life cannot be changed |
Name of Benefit |
Purpose |
Maximum
Fee |
Current Fee |
Brief Description of Restrictions/
Limitations |
Joint Option for the 7%
Nationwide Lifetime
Income Rider |
Extension of
guaranteed lifetime
income stream for
spouse |
0.15%
(Current
Income
Benefit
Base) |
0.15%
(Current
Income
Benefit
Base) |
• Limited availability • Only available if the 7% Nationwide
Lifetime Income Rider option is
elected
• Must be elected at application • Limitations on revocability
• Not available for beneficially owned contracts • Not available for Charitable
Remainder Trusts
• Only available to Contract Owner’s spouse • Both spouses must be between 45
and 85 at application
• Restrictions exist on the parties named to the contract |
10% Nationwide
Lifetime Income Rider |
Guaranteed lifetime
income stream |
1.20%
(Current
Income
Benefit
Base) |
1.00%
(Current
Income
Benefit
Base) |
• May not be elected if another living benefit is elected • Must be elected at application
• Election is irrevocable • Not available for beneficially owned
contracts
• Not available if a loan is outstanding • Investment limitations
• Current charge could change • Subsequent purchase payment
limitations
• Determining life must be between 45 and 85 at application • Determining life cannot be changed |
Joint Option for the 10%
Nationwide Lifetime
Income Rider |
Extension of
guaranteed lifetime
income stream for
spouse |
0.30%
(Current
Income
Benefit
Base) |
0.20%
(Current
Income
Benefit
Base) |
• Limited availability
• Only available if the 10% Nationwide Lifetime Income Rider option is elected • Must be elected at application
• Limitations on revocability • Not available for beneficially owned
contracts
• Not available for Charitable Remainder Trusts • Only available to Contract Owner’s
spouse
• Both spouses must be between 45 and 85 at application • Restrictions exist on the parties
named to the contract |
If Cumulative Purchase Payments are |
Then the PPC% is | |
$0 -
$499,999 |
0.0% |
(no PPC
is payable) |
$500,000 - $999,999 |
0.5% |
|
$1,000,000 or more |
1.0% |
|
Example: |
On March 1, Ms. Z makes an initial deposit of $200,000 to her contract. Her contract is the
only one eligible to receive PPCs. For this deposit, she does not receive a PPC since
her Cumulative Purchase Payments are less than $500,000.
|
On April 1, Ms. Z applies additional purchase payments of $350,000. Cumulative Purchase
Payments now equal $550,000. Nationwide will apply PPCs to Ms. Z's contract equal to
$2,750, which is (0.5% x $550,000) - $0. |
On May 1, Ms. Z takes a withdrawal of $150,000. Cumulative Purchase Payments now
equal $400,000. |
On June 1, Ms. Z applies additional purchase payments of $500,000. Cumulative Purchase
Payments now equal $900,000. Nationwide will apply PPCs to Ms. Z's contract equal to
$1,750, which is ($900,000 x 0.5%) - $2,750. At this point in time, a
total of $4,500 in PPCs have been applied to Ms. Z's
contract. |
On July 1, Ms. Z applies additional purchase payments of $300,000. Cumulative Purchase
Payments now equal $1,200,000. Nationwide will apply PPCs to Ms. Z's contract equal to
$7,500, which is ($1,200,000 x 1.0%) - $4,500. At this point in time, a
total of $12,000 in PPCs have been applied to Ms. Z's
contract |
Example: |
For an example of how the Standard Death Benefit (Five-Year Enhanced Death Benefit) is
calculated, see Appendix C: Standard Death Benefit (Five-Year Enhanced Death Benefit)
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any five-year Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment
for amounts subsequently withdrawn, plus purchase payments received after that five-year Contract
Anniversary. |
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | ||
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
Standard Death Benefit (Five-Year Enhanced Death Benefit). On the date of Ms. P’s
death, her Contract Value = $3,500,000, her total purchase payments =
$4,000,000, and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or
0.75, and the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the One-Year Enhanced Death Benefit II Option is calculated, see
Appendix D: One-Year Enhanced Death Benefit II Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for
amounts subsequently withdrawn, plus purchase payments received after that Contract
Anniversary. |
|
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | |
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
One-Year Enhanced Death Benefit II Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the One-Year Enhanced Death Benefit Option is calculated, see
Appendix E: One-Year Enhanced Death Benefit Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for
amounts subsequently withdrawn, plus purchase payments received after that Contract
Anniversary. |
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | ||
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
One-Year Enhanced Death Benefit Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the One-Month Enhanced Death Benefit II Option is calculated, see
Appendix F: One-Month Enhanced Death Benefit II Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any Monthly Contract Anniversary prior to the Annuitant's 81st birthday, less an adjustment
for amounts subsequently withdrawn, plus purchase payments received after that Monthly Contract
Anniversary. |
|
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | |
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
One-Month Enhanced Death Benefit II Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the One-Month Enhanced Death Benefit Option is calculated, see
Appendix G: One-Month Enhanced Death Benefit Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
|
|
(3) |
the highest Contract Value on any Monthly Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment
for amounts subsequently withdrawn, plus purchase payments received after that Monthly Contract
Anniversary. |
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | ||
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
One-Month Enhanced Death Benefit Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the Combination Enhanced Death Benefit II Option is calculated,
see Appendix H: Combination Enhanced Death Benefit II Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; |
|
|
(3) |
the highest Contract Value on any Contract Anniversary before the Annuitant's 81st birthday, less an adjustment for
amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary;
or |
|
|
(4) |
the 5% interest anniversary value. |
|
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | |
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
Combination Enhanced Death Benefit II Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
For an example of how the Combination Enhanced Death Benefit Option is calculated, see
Appendix I: Combination Enhanced Death Benefit Option
Example. |
(A x F) + B(1 - F), where | |||
A |
= |
the greatest of: | |
|
|
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
|
|
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; |
|
|
(3) |
the highest Contract Value on any Contract Anniversary before the Annuitant's 81st birthday, less an adjustment for
amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary;
or |
|
|
(4) |
the 5% interest anniversary value. |
|
If Nationwide does not receive all information necessary to pay the death benefit within one year of the Annuitant's death, the
calculation for A above will be the greater of (1) or (2) above. | ||
B |
= |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; and | |
F |
= |
the ratio of $3,000,000 to the total of all purchase payments made to the contract. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
Combination Enhanced Death Benefit Option. On the date of Ms. P’s death, her
Contract Value = $3,500,000, her total purchase payments = $4,000,000,
and A = $4,300,000. Therefore, F = $3,000,000 / $4,000,000 or 0.75, and
the death benefit for Ms. P’s contract is determined as
follows: |
(A x F) + B(1 - F), which is |
($4,300,000 x 0.75) + $3,500,000(1 - 0.75), which is |
$3,225,000 + $875,000 |
The death benefit for Ms. P’s contract is $4,100,000. |
Example: |
On June 1, which is before her Annuitization Date, Ms. P passes away. Ms. P elected the
Spousal Protection Annuity Option. The death benefit on Ms. P’s contract equals
$24,000. |
Ms. P was married to Mr. P at the time of her death. Under the Spousal Protection Annuity
Option, assuming all conditions were met, Mr. P has the option, instead of receiving
the $24,000 death benefit, to continue the contract as if it were his
own. If he elects to do so, the Contract Value, if it is lower than
$24,000, will be adjusted to equal the $24,000 death benefit. From that
point forward, the contract will be his and all provisions of the contract
apply. Upon Mr. P’s death, his beneficiary will then receive a death benefit
equal to the elected death benefit under the contract.
|
a |
= |
the Contract Value on the date the death benefit is calculated and prior to any death benefit calculation; and |
b |
= |
purchase payments, proportionally adjusted for withdrawals. |
Example: |
The Annuitant was age 56 when he purchased the Contract, so his Earnings Percentage
will be 40%. On the date of the Annuitant’s death, the Contract Value = $75,000
and the total purchase payments (adjusted for withdrawals) = $68,000. The
amount of the benefit would be calculated as follows: 40% x
($75,000-$68,000), which equals $2,800. |
a |
= |
Contract Value on the date the second death benefit is calculated (before the second death benefit is calculated); |
b |
= |
the Contract Value on the date the first benefit and the first death benefit were calculated (after the first benefit and
the first death benefit were applied), proportionately adjusted for withdrawals; and
|
c |
= |
purchase payments made after the first benefit was applied, proportionately adjusted for withdrawals. |
Example: |
Continuing on from the previous example, after the death benefit and the first benefit under
the Beneficiary Protector II Option were applied, the Contract Value = $77,800. The
Co- Annuitant was age 72 when the first Annuitant died so the Earnings
Percentage for the second benefit will be 25%. Two years after the credit
for the first benefit, the Co-Annuitant made a subsequent purchase
payment of $5,000. Four years later, the Co-Annuitant passed away. On the
date of her death, the Contract Value = $86,000 and the total purchase
payments (adjusted for withdrawals) = $73,000. The amount of the benefit would be calculated as follows: 25% x ($86,000-$77,800-$5,000), which equals $800. |
Example: |
Mr. C elects the Extra Value Option and submits an initial purchase payment of $50,000. On
the date the initial purchase payment is applied (and in addition to that initial
purchase payment), Nationwide will apply another $1,500 (which is 3% of
$50,000) to Mr. C’s contract. |
Example: |
Ms. D elected the CPPLI Option and elected a 10-year program period for the preservation
phase. Nationwide informed her of her investment options and she provided her
allocation instructions. At the beginning of the program period, her
Contract Value was $50,000. At the end of the program period, Ms.
D’s Contract Value was $56,000, so no adjustment was made to her
contract. Had her Contract Value been less than $50,000 at the end of the
program period, Nationwide would have adjusted the Contract Value to equal
$50,000. |
Age of Determining Life |
Lifetime Withdrawal
Percentage |
age
35 up to age 59½ |
4
% |
age
59½ through 66 |
5
% |
age
67 through 71 |
6
% |
age
72 or older |
7
% |
Example: |
At the end of the 10-year program period, Ms. D elected to enter the withdrawal phase of
the CPPLI Option. For an example of how the lifetime withdrawal amount under the CPPLI
Option is calculated, see Appendix J: Capital Preservation Plus Lifetime Income Option Example. |
Example: |
Ms. D elected the Capital Preservation Plus Option and elected a 10-year program period.
Nationwide informed her of her investment options and she provided her allocation
instructions. At the beginning of the program period, her Contract Value
was $50,000. At the end of the program period, Ms. D’s Contract
Value was $56,000, so no adjustment was made to her contract. Had her
Contract Value been less than $50,000 at the end of the program period,
Nationwide would have adjusted the Contract Value to equal $50,000. |
Example: |
Mr. J purchased a contract with the 5% Nationwide Lifetime Income Rider at the age of 55.
He decides to start taking income at the age of 65. The 5% Nationwide Lifetime Income
Rider will pay Mr. J lifetime income based on the Lifetime Withdrawal
Percentage applied to the Current Income Benefit Base. Assume Mr.
J’s Current Income Benefit Base is equal to the 5% roll-up amount.
If Mr. J’s Lifetime Withdrawal Percentage was 5% and his 5% roll-up
amount was $150,000, then his lifetime income would be $7,500 ($150,000 x 5%)
annually. |
Contract Owner’s Age (at time of first lifetime income withdrawal) |
45 up to 59½ |
59½ through 64 |
65 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
3.00% |
4.00% |
5.00% |
6.00% |
Contract Owner’s Age (at time of first lifetime income withdrawal) |
45 up to 59½ |
59½ through 66 |
67 through 71 |
72 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
4.00% |
5.00% |
5.50% |
6.00% |
7.00% |
dollar amount of the excess withdrawal |
X |
Current Income Benefit Base prior to the
withdrawal |
Contract Value (reduced by the amount of the
Lifetime Withdrawal Amount withdrawn) |
Contract Owner’s Age* |
Up to Age 70 |
71-75 |
76-80 |
81-85 |
86-90 |
91-95 |
96+ |
Annual Benefit Multiplier |
5.5 |
4.5 |
3.5 |
2.5 |
2.0 |
1.5 |
1.0 |
Example: |
Mr. J purchased a contract with the 7% Nationwide Lifetime Income Rider at the age of 55.
He decides to start taking income at the age of 65. The 7% Nationwide Lifetime Income
Rider will pay Mr. J lifetime income based on the Lifetime Withdrawal
Percentage applied to the Current Income Benefit Base. Assume Mr.
J’s Current Income Benefit Base is equal to the 7% roll-up amount.
If Mr. J’s Lifetime Withdrawal Percentage was 5% and his 7% roll-up
amount was $170,000, then his lifetime income would be $8,500 ($170,000 x 5%)
annually. |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 64 |
65 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
3.00% |
4.00% |
5.00% |
6.00% |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 66 |
67 through 71 |
72 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
4.00% |
5.00% |
5.50% |
6.00% |
7.00% |
dollar amount of the excess withdrawal |
X |
Current Income Benefit Base prior to the
withdrawal |
Contract Value (reduced by the amount of the
Lifetime Withdrawal Amount withdrawn) |
Contract Owner’s Age* |
Up to Age 70 |
71-75 |
76-80 |
81-85 |
86-90 |
91-95 |
96+ |
Annual Benefit Multiplier |
5.5 |
4.5 |
3.5 |
2.5 |
2.0 |
1.5 |
1.0 |
Example: |
Mr. J purchased a contract with the 10% Nationwide Lifetime Income Rider at the age of 55.
He decides to start taking income at the age of 65. The 10% Nationwide Lifetime Income
Rider will pay Mr. J lifetime income based on the Lifetime Withdrawal
Percentage applied to the Current Income Benefit Base. Assume Mr.
J’s Current Income Benefit Base is equal to the 10% roll-up amount.
If Mr. J’s Lifetime Withdrawal Percentage was 5% and his 10% roll-
up amount was $200,000, then his lifetime income would be $10,000 ($200,000 x 5%)
annually. |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 64 |
65 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
3.00% |
4.00% |
5.25% |
6.25% |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 64 |
65 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
3.00% |
4.00% |
5.00% |
6.00% |
Contract Owner’s Age (at time of first withdrawal) |
45 up to 59½ |
59½ through 66 |
67 through 71 |
72 through 80 |
81 and older |
Lifetime Withdrawal Percentage |
4.00% |
5.00% |
5.50% |
6.00% |
7.00% |
dollar amount of the excess withdrawal |
X |
Current Income Benefit Base prior to the
withdrawal |
Contract Value (reduced by the amount of the
Lifetime Withdrawal Amount withdrawn) |
Contract Owner’s Age* |
Up to Age 70 |
71-75 |
76-80 |
81-85 |
86-90 |
91-95 |
96+ |
Annual Benefit Multiplier |
5.5 |
4.5 |
3.5 |
2.5 |
2.0 |
1.5 |
1.0 |
Example: |
At the time of application, Ms. J purchased the Joint Option for the 5% Nationwide Lifetime
Income Rider. She began taking Lifetime Withdrawals when she was 62. Three years later,
Ms. J passed away. Mr. J, Ms. J’s surviving spouse, is entitled to
continue to receive the same Lifetime Withdrawals for the duration of his
lifetime. At Mr. J’s death, the contract will
terminate. |
Example: |
At the time of application, Ms. J purchased the Joint Option for the 7% Nationwide Lifetime
Income Rider. She began taking Lifetime Withdrawals when she was 62. Three years later,
Ms. J passed away. Mr. J, Ms. J’s surviving spouse, is entitled to
continue to receive the same Lifetime Withdrawals for the duration of his
lifetime. At Mr. J’s death, the contract will
terminate. |
Example: |
At the time of application, Ms. J purchased the Joint Option for the 10% Nationwide Lifetime
Income Rider. She began taking Lifetime Withdrawals when she was 62. Three years later,
Ms. J passed away. Mr. J, Ms. J’s surviving spouse, is entitled to
continue to receive the same Lifetime Withdrawals for the duration of his
lifetime. At Mr. J’s death, the contract will
terminate. |
Trading Behavior |
Nationwide's Response |
Six or more transfer events within
one calendar quarter |
Nationwide will mail a letter to the Contract Owner notifying them that:
(1)they have been identified as engaging in harmful trading practices; and (2)if their transfer events total 11 within two consecutive calendar quarters or 20 within one
calendar year, the Contract Owner will be limited to submitting transfer requests via
U.S. mail on a Nationwide issued form. |
11 transfer events within two
consecutive calendar quarters
OR
20 transfer events within one
calendar year |
Nationwide will automatically limit the Contract Owner to submitting transfer requests via U.S.
mail on a Nationwide issued form. |
Contract Values |
Maximum Outstanding Loan Balance Allowed |
up to $20,000 |
up to 80% of Contract Value (not more than $10,000) |
$20,000 and over |
up to 50% of Contract Value (not more than $50,000*) |
Example: |
|
|
|
|
|
Ms. T takes a loan from her contract of $50,000. After default, the first time interest
is calculated as follows: | |||||
1A.The
total interest rate (collateral interest rate plus finance interest rate) is applied to the outstanding principal; | |||||
6.25% (total
interest rate) |
x |
$50,000
(outstanding principal) |
= |
$3,125 ($2,000
=collateral interest $1,125 = finance interest) |
|
1B.The
amount from 1A representing collateral interest is added to the outstanding principal; | |||||
$2,000
(collateral interest) |
+ |
$50,000
(outstanding principal) |
= |
$52,000
(outstanding
principal and collateral interest) |
|
1C.The
amount from 1A representing finance interest is held separately, and subsequently accrues interest at the total interest rate on a compound basis and will become the outstanding finance interest; and | |||||
$1,125
(outstanding
finance
interest) |
|
|
|
|
|
1D.The
outstanding principal and collateral interest, and the outstanding finance interest, are added to determine the total outstanding principal and interest. | |||||
$52,000
(outstanding
principal and collateral interest) |
+ |
$1,125
(outstanding
finance
interest) |
= |
$53,125 (total
outstanding principal and interest) |
|
Thereafter, when interest is calculated: |
|
|
|
|
|
2A.The
total interest rate (collateral interest rate plus finance interest rate) is applied to the outstanding principal and collateral interest from 1A above; |
Example: |
|
|
|
|
|
6.25% (total
interest rate) |
x |
$52,000 (1A
outstanding principal and
collateral interest) |
= |
$3,250 ($2,080 =
collateral interest $1,170 = finance interest) |
|
2B.The
amount from step 2A representing collateral interest is added to the outstanding principal and collateral interest from 1A; | |||||
$2,080
(collateral interest) |
+ |
$52,000 (1A
outstanding principal and
collateral interest) |
= |
$54,080
(outstanding
principal and collateral interest) |
|
2C.The
total interest rate is applied to the outstanding finance interest from 1C and added to that outstanding finance interest; | |||||
6.25% (total
interest rate) |
x |
$1,125
(outstanding finance
interest) |
= |
$70.31 (finance
interest) |
|
$70.31 (finance
interest) |
+ |
$1,125
(outstanding
finance interest) |
= |
$1,195.31
(outstanding
finance interest) |
|
2D.The
amount from step 2A representing finance interest is added to the outstanding finance interest amount in 2C; | |||||
$1,170 (finance
interest) |
+ |
$1,195.31
(outstanding
finance interest) |
= |
$2,365.31
(outstanding
finance interest) |
|
2E.The
outstanding principal and collateral interest from 2B, and the outstanding finance interest from 2D are added together to determine the total outstanding principal and interest. | |||||
$54,080 (total
outstanding principal and collateral interest) |
+ |
$2,365.31
(outstanding
finance interest) |
= |
$56,445.31 (total
outstanding principal and interest) |
|
This method of interest calculation and accrual is applied to the total outstanding
principal and collateral interest, and finance interest balances until the
entire loan balance is paid. Under this method of interest calculation, after 15 years of default, a $50,000 loan on which no payments were made will accrue as follows: | |||||
Outstanding Principal |
|
$50,000 |
| ||
Outstanding Collateral Interest |
|
$40,047 |
| ||
Outstanding Finance Interest |
|
$34,091 |
| ||
Total Outstanding Principal and Interest |
|
$124,138 |
|
Example: |
Mr. C elects to participate in Asset Rebalancing and has instructed his Contract Value be
allocated as follows: 40% to Sub-Account A, 40% to Sub-Account B, and 20% to
Sub- Account C. Mr. C elects to rebalance quarterly. Each quarter,
Nationwide will automatically rebalance Mr. C’s Contract Value by
transferring Contract Value among the three elected Sub-Accounts so that
his 40%/40%/20% allocation remains intact. |
Example: |
Ms. T elects to participate in Dollar Cost Averaging and has transferred $25,000 to an
eligible Sub-Account (Sub-Account S) that will serve as the source investment option
for her Dollar Cost Averaging program. She would like the Dollar Cost
Averaging transfers to be allocated as follows: $500 to Sub-Account L and
$1,000 to Sub-Account M. Each month, Nationwide will automatically
transfer $1,500 from Sub-Account S and allocate $1,000 to Sub-Account M
and $500 to Sub-Account L. |
Example: |
Mr. E elects to participate in Enhanced Fixed Account Dollar Cost Averaging and has
allocated new purchase payments of $22,000 to the Fixed Account, which will receive an
enhanced interest crediting rate. He would like the Enhanced Fixed
Account Dollar Cost Averaging transfers to be allocated as follows:
$1,000 to Sub-Account L and $1,000 to Sub- Account M. Each month,
Nationwide will automatically transfer $2,000 from the Fixed Account and
allocate $1,000 to Sub-Account M and $1,000 to Sub-Account L. |
Example: |
Ms. S, who has elected a living benefit, elects to participate in Dollar Cost Averaging for
Living Benefits and has allocated new purchase payments of $22,000 to the Fixed
Account. She would like the Dollar Cost Averaging for Living Benefits
transfers to be allocated as follows: $1,000 to Sub-Account L and $1,000
to Sub-Account M, both of which are permitted Sub-Accounts in the living
benefit that Ms. S elected. Each month, Nationwide will automatically
transfer $2,000 from the Fixed Account and allocate $1,000 to Sub-Account M
and $1,000 to Sub-Account L. |
Example: |
Mr. V elects to participate in Fixed Account Interest Out Dollar Cost Averaging and has
allocated new purchase payments of $25,000 to the Fixed Account. He would like the
Fixed Account Interest Out Dollar Cost Averaging transfers to be
allocated as follows: 50% to Sub- Account L and 50% to Sub-Account M. Each
month, Nationwide will automatically transfer the interest credited to
the Fixed Account allocations to Sub-Account M and Sub-Account L on a
50%/50% basis. |
Contract Owner's Age |
Percentage of Contract Value |
Under
age 59½ |
5
% |
59½ through age 61 |
7
% |
62
through age 64 |
8
% |
65
through age 74 |
10
% |
75
and over |
13
% |
Example: |
Ms. H elects to take Systematic Withdrawals equal to $5,000 on a quarterly basis. She has
not directed that the withdrawals be taken from specific Sub-Accounts, so each quarter,
Nationwide will withdraw $5,000 from Ms. H’s contract
proportionally from each Sub- Account, and will mail her a check or wire
the funds to the financial institution of her choice. |
Conservative: |
Designed for Contract Owners that are willing to accept very little risk but still
want to see a small amount of growth. |
Moderately Conservative: |
Designed for Contract Owners that are willing to accept some market volatility in
exchange for greater potential income and growth. |
Balanced: |
Designed for Contract Owners that are willing to accept some market volatility in
exchange for potential long-term returns. |
Moderate: |
Designed for Contract Owners that are willing to accept some short-term price
fluctuations in exchange for potential long-term returns.
|
Capital Appreciation: |
Designed for Contract Owners that are willing to accept more short-term price
fluctuations in exchange for potential long-term returns.
|
Moderately Aggressive: |
Designed for Contract Owners willing to accept sharp, short-term price fluctuations
in exchange for potential long-term returns. |
Aggressive: |
Designed for Contract Owners that are willing to accept more sharp, short-term price
fluctuations in exchange for potential higher long-term returns. |
Example: |
Ms. V elected a living benefit that permits the use of Custom Portfolio Asset Rebalancing
Service and elects to enroll in the service. At the time of enrollment, Ms. V elects to
participate in the Moderate portfolio. She then selects the Sub-Accounts
from the list of Sub-Accounts available in the Moderate portfolio, and
the allocation percentages. Each quarter, Nationwide will automatically
rebalance Ms. V’s Contract Value by transferring Contract Value
among the elected Sub-Accounts so that her allocation percentages remain
intact. |
Example: |
Mr. Y, who elected a living benefit, elects a Static Asset Allocation Model, the XYZ Option
(33% Sub-Account X, 33% Sub-Account Y, and 34% Sub-Account Z). As a result, Mr.
Y’s entire Contract Value will be allocated as follows: 33%
Sub-Account X, 33% Sub-Account Y, and 34% Sub-Account Z. Each quarter,
Nationwide will automatically rebalance Mr. Y’s Contract Value by
transferring Contract Value among the Sub-Accounts so that the selected
Static Asset Allocation Model percentages remain intact. |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
Discovery Value Portfolio: Class B (formerly,
AllianceBernstein Variable Products Series Fund,
Inc. - AB VPS Small/Mid Cap Value Portfolio: Class
B) Investment Advisor: AllianceBernstein L.P. |
1.05% |
-15.82% |
3.62% |
9.06% |
Equity |
AllianceBernstein Variable Products Series Fund, Inc. - AB VPS
International Value Portfolio: Class B
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2020
Investment Advisor: AllianceBernstein L.P. |
1.13%* |
-13.79% |
-2.55% |
2.51% |
Equity |
Allspring Variable Trust - VT Discovery All Cap Growth Fund:
Class 2 (formerly, Allspring Variable Trust - VT
Omega Growth Fund: Class 2)
Investment Advisor: Allspring Funds Management, LLC
Investment Sub-Advisor: Allspring Global Investments, LLC |
1.00%* |
-37.20% |
7.28% |
10.96% |
Equity |
Allspring Variable Trust - VT Small Cap Growth Fund: Class
2 Investment Advisor: Allspring Funds Management, LLC
Investment Sub-Advisor: Allspring Global Investments, LLC |
1.19% |
-34.42% |
7.09% |
10.58% |
Fixed Income |
American Century Variable Portfolios II, Inc. - American Century
VP Inflation Protection Fund: Class II
Investment Advisor: American Century Investment Management, Inc.
|
0.77% |
-13.08% |
1.38% |
0.67% |
Equity |
American Century Variable Portfolios, Inc. - American Century VP
Mid Cap Value Fund: Class II
Investment Advisor: American Century Investment Management, Inc.
|
1.01% |
-1.38% |
6.61% |
10.84% |
Equity |
American Century Variable Portfolios, Inc. - American Century VP
Value Fund: Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2022
Investment Advisor: American Century Investment Management, Inc.
|
0.88%* |
0.31% |
7.68% |
10.41% |
Equity |
American Funds Insurance Series® - Global Small
Capitalization Fund: Class 4
Investment Advisor: Capital Research and Management Company |
1.15%* |
-29.69% |
2.54% |
6.58% |
Equity |
American Funds Insurance Series® - New World Fund®:
Class 4 Investment Advisor: Capital Research and Management
Company |
1.07%* |
-22.25% |
2.07% |
4.02% |
Fixed Income |
American Funds Insurance Series® - U.S. Government
Securities Fund: Class 2
Investment Advisor: Capital Research and Management Company |
0.47%* |
-10.95% |
0.61% |
0.92% |
Equity |
American Funds Insurance Series® - Washington Mutual
Investors Fund: Class 4
Investment Advisor: Capital Research and Management Company |
0.77%* |
-8.69% |
6.84% |
11.08% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
BlackRock Variable Series Funds, Inc. - BlackRock Global
Allocation V.I. Fund: Class III
Investment Advisor: BlackRock Advisors, LLC
Investment Sub-Advisor: BlackRock International Limited and BlackRock
(Singapore) Limited |
1.01%* |
-16.07% |
3.25% |
4.80% |
Equity |
BNY Mellon Investment Portfolios - MidCap Stock Portfolio:
Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2021
Investment Advisor: BNY Mellon Investment Adviser, Inc.
Sub-Advisor: Newton Investment Management North America, LLC |
1.05%* |
-14.28% |
3.24% |
8.60% |
Equity |
BNY Mellon Investment Portfolios - Small Cap Stock Index
Portfolio: Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2013
Investment Advisor: BNY Mellon Investment Adviser, Inc. |
0.60%* |
-16.65% |
5.29% |
10.20% |
Fixed Income |
Columbia Funds Variable Series Trust II - Columbia Variable
Portfolio - High Yield Bond Fund: Class
2 Investment Advisor: Columbia Management Investment Advisors,
LLC |
0.89%* |
-10.78% |
2.14% |
3.61% |
Equity |
Delaware VIP Trust - Delaware VIP Small Cap Value Series: Service
Class
Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware statutory
trust)
Investment Sub-Advisor: Macquarie Investment Management Global
Limited |
1.08% |
-12.36% |
4.04% |
8.92% |
Fixed Income |
Eaton Vance Variable Trust - Eaton Vance VT Floating-Rate Income
Fund: Initial Class
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Eaton Vance Management |
1.17% |
-2.68% |
1.94% |
2.52% |
Fixed Income |
Federated Hermes Insurance Series - Federated Hermes Quality
Bond Fund II: Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2008
Investment Advisor: Federated Investment Management Company |
0.99%* |
-9.46% |
0.79% |
1.50% |
Equity |
Fidelity Variable Insurance Products - Emerging Markets
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited, Fidelity
Management & Research (Japan) Limited, FIL Investment Advisors, FIL
Investment Advisors (UK) Limited and FIL Investments (Japan)
Limited |
1.17% |
-20.37% |
1.46% |
4.35% |
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2010 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.65% |
-13.66% |
2.55% |
4.68% |
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2020 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.73% |
-15.97% |
3.47% |
5.79% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
Fidelity Variable Insurance Products Fund - Fidelity VIP Freedom
Fund 2030 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Fidelity Management & Research Company LLC
(FMR) |
0.79% |
-17.09% |
4.34% |
7.22% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Contrafund®
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.85% |
-26.49% |
8.39% |
11.15% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Energy Portfolio:
Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.89% |
62.87% |
6.94% |
4.54% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Equity-Income
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.76% |
-5.24% |
7.88% |
9.91% |
Fixed Income |
Fidelity Variable Insurance Products Fund - VIP Floating Rate
High Income Portfolio: Initial Class
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.72% |
-0.52% |
3.17% |
|
Equity |
Fidelity Variable Insurance Products Fund - VIP Growth Portfolio:
Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.86% |
-24.64% |
12.14% |
14.52% |
Fixed Income |
Fidelity Variable Insurance Products Fund - VIP Investment Grade
Bond Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.65% |
-13.21% |
0.38% |
1.28% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Mid Cap
Portfolio: Service Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2017
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity
Management & Research (Hong Kong) Limited and Fidelity Management
& Research (Japan) Limited |
0.86% |
-14.97% |
5.68% |
9.69% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Fidelity Variable Insurance Products Fund - VIP Overseas
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited, Fidelity
Management & Research (Japan) Limited, FIL Investment Advisors, FIL
Investment Advisors (UK) Limited and FIL Investments (Japan)
Limited |
1.02% |
-24.68% |
2.35% |
5.48% |
Equity |
Fidelity Variable Insurance Products Fund - VIP Value Strategies
Portfolio: Service Class 2
Investment Advisor: Fidelity Management & Research Company LLC
(FMR)
Investment Sub-Advisor: FMR Investment Management (UK) Limited,
Fidelity Management & Research (Hong Kong) Limited and Fidelity
Management & Research (Japan) Limited |
0.89% |
-7.35% |
8.10% |
9.94% |
Allocation |
Franklin Templeton Variable Insurance Products Trust - Franklin
Allocation VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2021
Investment Advisor: Franklin Advisers, Inc.
Sub-Advisor: Brandywine Global Investment Management, LLC
(Brandywine); ClearBridge Investments, LLC (ClearBridge); Franklin
Templeton Institutional, LLC (FT Institutional); Templeton Global Advisors
Limited (Global Advisors); Western Asset Management Company, LLC
(Western Asset); and Western Asset Management Company Limited
(Western Asset London) |
0.82%* |
-16.00% |
2.57% |
5.56% |
Allocation |
Franklin Templeton Variable Insurance Products Trust - Franklin
Income VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2022
Investment Advisor: Franklin Advisers, Inc. |
0.71% |
-5.47% |
4.30% |
5.51% |
Equity |
Franklin Templeton Variable Insurance Products Trust - Franklin
Small Cap Value VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2013
Investment Advisor: Franklin Mutual Advisers, LLC |
0.91%* |
-10.06% |
5.48% |
9.09% |
Equity |
Franklin Templeton Variable Insurance Products Trust - Templeton
Developing Markets VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before April 30, 2014
Investment Advisor: Templeton Asset Management, Ltd.
Sub-Advisor: Franklin Templeton Investment Management Limited
(FTIML) |
1.37%* |
-21.98% |
-1.67% |
1.02% |
Equity |
Franklin Templeton Variable Insurance Products Trust - Templeton
Foreign VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before April 30, 2014
Investment Advisor: Templeton Investment Counsel, LLC |
1.09%* |
-7.61% |
-1.97% |
1.47% |
Fixed Income |
Franklin Templeton Variable Insurance Products Trust - Templeton
Global Bond VIP Fund: Class 2
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2019
Investment Advisor: Franklin Advisers, Inc. |
0.77%* |
-4.95% |
-2.32% |
-0.78% |
Alternative |
Goldman Sachs Variable Insurance Trust - Goldman Sachs
Multi- Strategy Alternatives Portfolio: Service
Shares Investment Advisor: Goldman Sachs Asset Management,
L.P. |
1.21%* |
-6.54% |
1.15% |
|
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Allocation |
Goldman Sachs Variable Insurance Trust - Goldman Sachs Trend
Driven Allocation Fund: Service Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2018
Investment Advisor: Goldman Sachs Asset Management, L.P. |
0.97%* |
-19.16% |
0.92% |
3.23% |
Equity |
Invesco - Invesco V.I. Discovery Mid Cap Growth Fund: Series
II This underlying mutual fund is only available in contracts for
which good order applications were received before April 30,
2020 Investment Advisor: Invesco Advisers, Inc. |
1.11% |
-31.13% |
8.37% |
11.55% |
Equity |
Invesco - Invesco V.I. Global Fund: Series II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Invesco Advisers, Inc. |
1.06% |
-31.94% |
2.59% |
7.59% |
Fixed Income |
Invesco - Invesco V.I. Global Strategic Income Fund: Series
II This underlying mutual fund is only available in contracts for
which good order applications were received before May 1,
2015 Investment Advisor: Invesco Advisers, Inc. |
1.16%* |
-11.71% |
-1.53% |
0.38% |
Equity |
Invesco - Invesco V.I. Main Street Mid Cap Fund: Series II
Shares This underlying mutual fund is only available in contracts for
which good order applications were received before May 1,
2015 Investment Advisor: Invesco Advisers, Inc. |
1.18% |
-14.45% |
4.82% |
7.72% |
Equity |
Invesco - Invesco V.I. Main Street Small Cap Fund: Series
II Investment Advisor: Invesco Advisers, Inc. |
1.12% |
-16.04% |
6.74% |
10.60% |
Allocation |
Ivy Variable Insurance Portfolios - Delaware Ivy Asset Strategy:
Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2017
Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware statutory
trust)
Sub-Advisor: Macquarie Investment Management Global
Limited;Macquarie Investment Management Austria Kapitalanlage
AG;Macquarie Investment Management Europe Limited |
0.87%* |
-14.74% |
4.31% |
4.45% |
Fixed Income |
Ivy Variable Insurance Portfolios - Delaware Ivy High Income:
Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2017
Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware statutory
trust)
Sub-Advisor: Macquarie Investment Management Global
Limited;Macquarie Investment Management Austria Kapitalanlage
AG;Macquarie Investment Management Europe Limited |
0.92% |
-10.97% |
1.73% |
3.58% |
Equity |
Ivy Variable Insurance Portfolios - Delaware Ivy Mid Cap Growth:
Class II
Investment Advisor: Delaware Management Company, a series of
Macquarie Investment Management Business Trust (a Delaware statutory
trust)
Investment Sub-Advisor: Macquarie Investment Management Global
Limited |
1.10%* |
-30.80% |
10.59% |
11.39% |
Allocation |
Janus Aspen Series - Janus Henderson Balanced Portfolio: Service
Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.86% |
-16.62% |
6.42% |
8.16% |
Equity |
Janus Aspen Series - Janus Henderson Forty Portfolio: Service
Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2014
Investment Advisor: Janus Henderson Investors US LLC |
0.80% |
-33.73% |
9.48% |
12.72% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Janus Aspen Series - Janus Henderson Global Sustainable Equity
Portfolio: Institutional Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.87%* |
|
|
|
Equity |
Janus Aspen Series - Janus Henderson Global Technology and
Innovation Portfolio: Service Shares
Investment Advisor: Janus Henderson Investors US LLC |
0.97% |
-37.12% |
10.28% |
15.34% |
Equity |
Janus Aspen Series - Janus Henderson Overseas Portfolio: Service
Shares
Investment Advisor: Janus Henderson Investors US LLC |
1.14% |
-8.84% |
5.20% |
3.72% |
Equity |
Lazard Retirement Series, Inc. - Lazard Retirement Emerging
Markets Equity Portfolio: Service
Shares This underlying mutual fund is only available in contracts for
which good order applications were received before May 1,
2021 Investment Advisor: Lazard Asset Management LLC
|
1.38% |
-15.12% |
-3.19% |
-0.12% |
Equity |
MFS® Variable Insurance Trust - MFS New Discovery Series:
Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.12%* |
-29.99% |
7.53% |
9.71% |
Equity |
MFS® Variable Insurance Trust - MFS Value Series: Service
Class Investment Advisor: Massachusetts Financial Services
Company |
0.94%* |
-6.14% |
7.08% |
10.77% |
Equity |
MFS® Variable Insurance Trust II - MFS International Growth
Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.13%* |
-15.18% |
4.24% |
6.03% |
Equity |
MFS® Variable Insurance Trust II - MFS International
Intrinsic Value Portfolio: Service
Class Investment Advisor: Massachusetts Financial Services
Company |
1.15%* |
-23.75% |
2.77% |
7.56% |
Equity |
MFS® Variable Insurance Trust II - MFS Research
International Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.21%* |
-17.80% |
2.43% |
4.42% |
Fixed Income |
MFS® Variable Insurance Trust III - MFS Limited Maturity
Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
0.70%* |
-4.24% |
1.07% |
0.95% |
Equity |
MFS® Variable Insurance Trust III - MFS Mid Cap Value
Portfolio: Service Class
Investment Advisor: Massachusetts Financial Services Company |
1.04%* |
-9.00% |
7.32% |
10.59% |
Fixed Income |
Morgan Stanley Variable Insurance Fund, Inc. - Core Plus Fixed
Income Portfolio: Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2009
Investment Advisor: Morgan Stanley Investment Management Inc. |
0.90%* |
-14.58% |
0.03% |
1.76% |
Equity |
Morgan Stanley Variable Insurance Fund, Inc. - Growth Portfolio:
Class II
Investment Advisor: Morgan Stanley Investment Management Inc. |
0.82%* |
-60.16% |
3.99% |
11.57% |
Equity |
Nationwide Variable Insurance Trust - NVIT Allspring Discovery
Fund: Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Allspring Global Investments, LLC |
1.08%* |
-37.82% |
3.83% |
8.87% |
Allocation |
Nationwide Variable Insurance Trust - NVIT American Funds Asset
Allocation Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.94%* |
-13.74% |
4.93% |
7.69% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT American Funds Bond
Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.85%* |
-12.80% |
0.38% |
0.98% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds Global
Growth Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
1.06%* |
-25.05% |
6.64% |
9.71% |
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds Growth
Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.98%* |
-30.22% |
10.71% |
13.20% |
Equity |
Nationwide Variable Insurance Trust - NVIT American Funds
Growth-Income Fund: Class II
Investment Advisor: Capital Research and Management Company,
Nationwide Fund Advisors |
0.92%* |
-16.82% |
7.41% |
11.11% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Amundi Multi Sector
Bond Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Amundi Asset Management, US |
0.82% |
-2.30% |
2.67% |
2.77% |
Equity |
Nationwide Variable Insurance Trust - NVIT AQR Large Cap
Defensive Style Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: AQR Capital Management, LLC |
1.03% |
-8.66% |
9.47% |
11.96% |
Equity |
Nationwide Variable Insurance Trust - NVIT BlackRock Equity
Dividend Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
1.05%* |
-4.29% |
6.88% |
10.28% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Aggressive Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
1.10%* |
-15.22% |
4.86% |
8.15% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Balanced
Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.96%* |
-13.70% |
2.74% |
4.88% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Capital
Appreciation Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
1.01%* |
-15.05% |
3.89% |
6.54% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.88%* |
-12.07% |
1.26% |
2.46% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Managed
Growth & Income Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
1.03%* |
-13.82% |
1.07% |
|
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Managed
Growth Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
1.03%* |
-15.23% |
2.41% |
|
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM) Moderate
Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.99%* |
-14.13% |
3.43% |
5.79% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Moderately Aggressive Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
1.05%* |
-15.13% |
4.47% |
7.30% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Moderately Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.94%* |
-13.07% |
2.39% |
4.15% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Fixed Income |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Core Plus
Bond Fund: Class P
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Insight North America LLC |
0.73%* |
-13.60% |
0.28% |
1.13% |
Equity |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic
U.S. Core Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Newton Investment Management Limited |
0.87%* |
-22.26% |
10.11% |
12.67% |
Equity |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic
U.S. Equity Income: Class II
This underlying mutual fund is no longer available to receive transfers or
new purchase payments effective September 11, 2020
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Newton Investment Management Limited |
1.04%* |
-1.30% |
9.04% |
11.06% |
Equity |
Nationwide Variable Insurance Trust - NVIT BNY Mellon Dynamic
U.S. Equity Income: Class Z
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Newton Investment Management Limited |
0.99% |
-1.30% |
8.98% |
10.99% |
Equity |
Nationwide Variable Insurance Trust - NVIT Calvert Equity Fund:
Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Atlanta Capital Management Company, LLC
|
0.87%* |
-22.95% |
5.60% |
10.07% |
Equity |
Nationwide Variable Insurance Trust - NVIT Columbia Overseas
Value Fund: Class I
This underlying mutual fund is no longer available to receive transfers or
new purchase payments effective October 16, 2020
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Columbia Management Investment Advisers, LLC |
0.99% |
-5.99% |
0.70% |
3.14% |
Equity |
Nationwide Variable Insurance Trust - NVIT Columbia Overseas
Value Fund: Class Z
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Columbia Management Investment Advisers,
LLC |
1.10% |
-6.13% |
0.50% |
2.91% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Core Bond Fund: Class
II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Nationwide Asset Management, LLC |
0.84% |
-14.98% |
-0.66% |
0.73% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT DoubleLine Total
Return Tactical Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: DoubleLine Capital LP |
1.00%* |
-13.21% |
-0.85% |
|
Equity |
Nationwide Variable Insurance Trust - NVIT Emerging Markets Fund:
Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: NS Partners Ltd and Loomis, Sayles &
Company L.P. |
1.34%* |
-24.92% |
-4.54% |
-0.47% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Federated High Income
Bond Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Federated Investment Management Company
|
0.91%* |
-11.93% |
1.75% |
3.58% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Bond Fund:
Class I
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2022
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Nationwide Asset Management, LLC |
0.70%* |
-12.55% |
-0.71% |
-0.06% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Government Money
Market Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Federated Investment Management Company
|
0.48% |
1.29% |
0.94% |
0.51% |
Equity |
Nationwide Variable Insurance Trust - NVIT International Equity
Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Lazard Asset Management LLC |
1.23%* |
-14.38% |
0.98% |
4.25% |
Equity |
Nationwide Variable Insurance Trust - NVIT International Index
Fund: Class VIII
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.81%* |
-14.60% |
0.99% |
3.94% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Aggressive Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.90% |
-18.89% |
3.57% |
7.41% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Balanced Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.85% |
-14.99% |
2.01% |
4.45% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Capital Appreciation Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.86% |
-17.57% |
2.97% |
6.00% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.85% |
-12.19% |
0.70% |
2.22% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Managed Growth & Income Fund: Class
II Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.83%* |
-14.17% |
0.58% |
|
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Managed Growth Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.85%* |
-15.16% |
1.81% |
|
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderate Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.86% |
-16.55% |
2.44% |
5.25% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Aggressive Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.87% |
-18.28% |
3.23% |
6.59% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors |
0.85% |
-14.39% |
1.61% |
3.76% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT iShares® Fixed
Income ETF Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.72%* |
-13.74% |
|
|
Equity |
Nationwide Variable Insurance Trust - NVIT iShares® Global
Equity ETF Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.74%* |
-16.38% |
|
|
Equity |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy Large Cap
Core Fund: Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Jacobs Levy Equity Management, Inc. |
0.88%* |
-17.11% |
7.65% |
11.96% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy Large Cap
Growth Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. |
1.06%* |
-12.64% |
14.84% |
14.99% |
Fixed Income |
Nationwide Variable Insurance Trust - NVIT Loomis Short Term
Bond Fund: Class II
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2023
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Loomis, Sayles & Company, L.P. |
0.80% |
-5.67% |
0.24% |
0.55% |
Allocation |
Nationwide Variable Insurance Trust - NVIT Managed American
Funds Asset Allocation Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.94% |
-14.30% |
3.21% |
|
Equity |
Nationwide Variable Insurance Trust - NVIT Managed American
Funds Growth-Income Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Nationwide Asset Management, LLC |
0.96% |
-15.41% |
5.66% |
|
Equity |
Nationwide Variable Insurance Trust - NVIT Mid Cap Index Fund:
Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.41% |
-13.40% |
6.27% |
10.35% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Mid Cap
Value Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: American Century Investment Management,
Inc., Thompson, Siegel & Walmsley LLC and Victory Capital
Management Inc. |
1.02%* |
-2.66% |
5.12% |
10.23% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Cap Growth Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Invesco Advisers, Inc. and Wellington
Management Company, LLP |
1.34%* |
-30.51% |
5.95% |
10.31% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Cap Value Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. and
WCM Investment Management, LLC |
1.31%* |
-13.16% |
3.36% |
8.48% |
Equity |
Nationwide Variable Insurance Trust - NVIT Multi-Manager Small
Company Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Jacobs Levy Equity Management, Inc. and
Invesco Advisers, Inc. |
1.30%* |
-18.98% |
7.17% |
10.52% |
Equity |
Nationwide Variable Insurance Trust - NVIT NS Partners
International Focused Growth Fund: Class
II Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: NS Partners LTD |
1.23%* |
-38.08% |
0.37% |
4.00% |
Equity |
Nationwide Variable Insurance Trust - NVIT Real Estate Fund:
Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Wellington Management Company LLP |
1.17%* |
-28.72% |
4.25% |
5.73% |
Equity |
Nationwide Variable Insurance Trust - NVIT S&P 500®
Index Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.51%* |
-18.56% |
8.88% |
12.00% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
Nationwide Variable Insurance Trust - NVIT Small Cap Index Fund:
Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: BlackRock Investment Management, LLC |
0.61%* |
-20.72% |
3.66% |
8.56% |
Equity |
Neuberger Berman Advisers Management Trust - Mid-Cap Growth
Portfolio: Class S Shares (formerly, Neuberger
Berman Advisers Management Trust - Mid-Cap Growth
Portfolio: S Class Shares) This underlying mutual fund is only
available in contracts for which good order applications were
received before November 6, 2015 Investment Advisor: Neuberger Berman
Investment Advisers LLC |
1.11%* |
-28.83% |
6.77% |
9.95% |
Fixed Income |
Neuberger Berman Advisers Management Trust - Short Duration
Bond Portfolio: Class I Shares (formerly, Neuberger
Berman Advisers Management Trust - Short Duration
Bond Portfolio: I Class Shares)
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2012
Investment Advisor: Neuberger Berman Investment Advisers LLC |
0.85%* |
-5.19% |
0.69% |
0.70% |
Equity |
Neuberger Berman Advisers Management Trust - Sustainable Equity
Portfolio: I Class Shares
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2008
Investment Advisor: Neuberger Berman Investment Advisers LLC |
0.93%* |
-18.45% |
7.40% |
10.89% |
Allocation |
PIMCO Variable Insurance Trust - All Asset Portfolio: Advisor
Class Investment Advisor: PIMCO
Investment Sub-Advisor: Research Affiliates, LLC |
1.64%* |
-11.87% |
3.12% |
3.15% |
Fixed Income |
PIMCO Variable Insurance Trust - Emerging Markets Bond Portfolio:
Advisor Class
Investment Advisor: PIMCO |
1.14% |
-15.80% |
-0.95% |
0.87% |
Fixed Income |
PIMCO Variable Insurance Trust - Income Portfolio: Advisor
Class Investment Advisor: PIMCO |
0.92% |
-7.87% |
1.67% |
|
Fixed Income |
PIMCO Variable Insurance Trust - International Bond Portfolio
(Unhedged): Advisor Class
Investment Advisor: PIMCO |
1.09% |
-19.06% |
-3.23% |
-1.71% |
Fixed Income |
PIMCO Variable Insurance Trust - Low Duration Portfolio: Advisor
Class
Investment Advisor: PIMCO |
0.77% |
-5.84% |
-0.02% |
0.32% |
Equity |
Putnam Variable Trust - Putnam VT International Value Fund: Class
IB
Investment Advisor: Putnam Investment Management, LLC |
1.15% |
-6.81% |
1.97% |
4.19% |
Equity |
Putnam Variable Trust - Putnam VT Large Cap Value Fund: Class
IB Investment Advisor: Putnam Investment Management, LLC
|
0.82% |
-3.13% |
9.26% |
11.76% |
Equity |
Putnam Variable Trust - Putnam VT Sustainable Leaders Fund:
Class IB
Investment Advisor: Putnam Investment Management, LLC |
0.91% |
-22.91% |
10.48% |
13.48% |
Alternative |
Rydex Variable Trust - Multi-Hedge Strategies Fund
This underlying mutual fund is only available in contracts for which good
order applications were received before May 1, 2019
Investment Advisor: Guggenheim Investments |
1.67%* |
-3.40% |
2.25% |
2.25% |
Equity |
T. Rowe Price Equity Series, Inc. - T. Rowe Price Health Sciences
Portfolio: II
Investment Advisor: T. Rowe Price Associates, Inc. |
1.19%* |
-12.69% |
10.56% |
15.35% |
Equity |
T. Rowe Price Equity Series, Inc. - T. Rowe Price Mid-Cap Growth
Portfolio: II
Investment Advisor: T. Rowe Price Associates, Inc.
Investment Sub-Advisor: T. Rowe Price Investment Management, Inc.
|
1.09%* |
-22.75% |
6.94% |
11.68% |
Type |
Underlying Mutual Fund and Adviser/Subadviser |
Current
Expenses |
Average Annual Total
Returns
(as of 12/31/2023) | ||
1 year |
5 year |
10 year | |||
Equity |
VanEck VIP Trust - VanEck VIP Global Resources Fund: Class
S Investment Advisor: Van Eck Associates Corporation
|
1.33% |
8.12% |
4.01% |
0.11% |
Equity |
VanEck VIP Trust - VanEck VIP Global Resources Fund: Initial
Class This underlying mutual fund is no longer available to receive
transfers or new purchase payments effective May 1,
2012 Investment Advisor: Van Eck Associates Corporation
|
1.09% |
8.39% |
4.26% |
0.35% |
Equity |
Virtus Variable Insurance Trust - Virtus Duff & Phelps Real
Estate Securities Series: Class A
Investment Advisor: Virtus Investment Advisers, Inc.
Investment Sub-Advisor: Duff & Phelps Investment Management Co.
|
1.10%* |
-26.09% |
4.88% |
6.92% |
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5% Nationwide
Lifetime Income
Rider |
7% Nationwide
Lifetime Income
Rider |
10% Nationwide
Lifetime Income
Rider |
AllianceBernstein Variable Products Series Fund, Inc. -
AB VPS Discovery Value Portfolio: Class B |
|
X |
|
|
|
|
Federated Hermes Insurance Series - Federated
Hermes Quality Bond Fund II: Service Shares
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2008 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - Fidelity VIP
Freedom Fund 2010 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2023 |
X |
X |
X |
X |
X |
X |
Fidelity Variable Insurance Products Fund - Fidelity VIP
Freedom Fund 2020 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2023 |
X |
X |
X |
X |
X |
|
Fidelity Variable Insurance Products Fund - Fidelity VIP
Freedom Fund 2030 Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2023 |
X |
X |
X |
|
|
|
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Fidelity Variable Insurance Products Fund - VIP Equity-
Income Portfolio: Service Class 2 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - VIP Growth
Portfolio: Service Class 2 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - VIP Mid Cap
Portfolio: Service Class 2
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2017 |
X |
X |
|
|
|
|
Fidelity Variable Insurance Products Fund - VIP
Overseas Portfolio: Service Class 2 |
X |
X |
|
|
|
|
Franklin Templeton Variable Insurance Products Trust -
Franklin Income VIP Fund: Class 2 |
X |
X |
|
|
|
|
Invesco - Invesco V.I. Discovery Mid Cap Growth Fund:
Series II
This underlying mutual fund is only available in contracts
for which good order applications were received before
April 30, 2020 |
X |
X |
|
|
|
|
Ivy Variable Insurance Portfolios - Macquarie VIP Asset
Strategy Series: Service Class This underlying mutual fund is only available in contracts for which good order applications were received before May 1, 2017 |
X |
X |
|
|
|
|
Janus Aspen Series - Janus Henderson Balanced
Portfolio: Service Shares |
X |
X |
|
|
|
|
Janus Aspen Series - Janus Henderson Forty Portfolio:
Service Shares
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2014 |
X |
X |
|
|
|
|
Lincoln Variable Insurance Products Trust - LVIP
American Century Inflation Protection Fund: Service
Class |
X |
X |
|
|
|
|
Lincoln Variable Insurance Products Trust - LVIP
American Century Mid Cap Value Fund: Service Class |
X |
X |
|
|
|
|
MFS® Variable Insurance Trust - MFS Value Series:
Service Class |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT American
Funds Asset Allocation Fund: Class II |
X |
X |
X |
X |
|
X |
Nationwide Variable Insurance Trust - NVIT American
Funds Bond Fund: Class II |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT American
Funds Growth Fund: Class II |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT AQR Large
Cap Defensive Style Fund: Class II |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Aggressive Fund: Class II |
X |
X |
X |
|
|
|
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Balanced Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Capital Appreciation Fund: Class II |
X |
X |
X |
X |
|
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Conservative Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Managed Growth & Income Fund: Class II |
|
|
|
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Managed Growth Fund: Class II |
|
|
|
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Moderate Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Moderately Aggressive Fund: Class II |
X |
X |
X |
X |
|
|
Nationwide Variable Insurance Trust - NVIT
Blueprint(SM) Moderately Conservative Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT BNY Mellon
Core Plus Bond Fund: Class P |
|
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Government
Bond Fund: Class I |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Government
Money Market Fund: Class I |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Aggressive Fund: Class II |
X |
X |
X |
|
|
|
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Balanced Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Capital Appreciation Fund: Class II |
X |
X |
X |
X |
|
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Conservative Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Managed Growth & Income Fund: Class II |
|
|
|
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Managed Growth Fund: Class II |
|
|
|
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Moderate Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Moderately Aggressive Fund: Class II |
X |
X |
X |
X |
|
|
Nationwide Variable Insurance Trust - NVIT Investor
Destinations Moderately Conservative Fund: Class II |
X |
X |
X |
X |
X |
X |
Nationwide Variable Insurance Trust - NVIT Jacobs Levy
Large Cap Growth Fund: Class II |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Loomis
Short Term Bond Fund: Class II
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2023 |
X |
X |
|
|
|
|
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Nationwide Variable Insurance Trust - NVIT Managed
American Funds Asset Allocation Fund: Class II |
|
|
|
|
X |
X |
Nationwide Variable Insurance Trust - NVIT Mid Cap
Index Fund: Class I |
X |
X |
|
|
|
|
Nationwide Variable Insurance Trust - NVIT Victory Mid
Cap Value Fund: Class II |
X |
X |
|
|
|
|
Neuberger Berman Advisers Management Trust - Short
Duration Bond Portfolio: Class I Shares
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2012 |
X |
X |
|
|
|
|
Static Asset Allocation Models - American Funds
Managed Option (33% NVIT - NVIT American Funds
Bond Fund, 33% NVIT - NVIT Managed American Funds
Asset Allocation Fund, 34% NVIT - NVIT Managed
American Funds Growth-Income Fund) |
|
|
|
X |
X |
X |
Static Asset Allocation Models - American Funds Option
(33% NVIT American Funds Asset Allocation Fund, 33%
NVIT American Funds Bond Fund and 34% NVIT
American Funds Growth-Income Fund) |
X |
X |
X |
X |
X |
X |
Static Asset Allocation Models - Balanced Option (50%
Nationwide NVIT Investor Dest. Moderate Fund and
50% Nationwide NVIT Investor Dest. Moderately
Conservative Fund)
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2009 |
X |
X |
X |
X |
X |
X |
Static Asset Allocation Models - Capital Appreciation
Option (50% Nationwide NVIT Investor Dest. Moderate
Fund and 50% Nationwide NVIT Investor Dest.
Moderately Aggressive Fund)
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2009 |
X |
X |
X |
X |
X |
X |
Static Asset Allocation Models - Nationwide Variable
Insurance Trust iShares Option (50% Nationwide
Variable Insurance Trust - NVIT iShares® Fixed Income
ETF Fund: Class II, 50% Nationwide Variable Insurance
Trust - NVIT iShares® Global Equity ETF Fund: Class II) |
|
|
|
X |
X |
X |
Custom Portfolio Asset Rebalancing Service -
Aggressive |
X |
X |
X |
|
|
|
Custom Portfolio Asset Rebalancing Service - Balanced |
X |
X |
X |
X |
X |
X |
Custom Portfolio Asset Rebalancing Service - Capital
Appreciation |
X |
X |
X |
X |
X |
|
Custom Portfolio Asset Rebalancing Service -
Conservative |
X |
X |
X |
X |
X |
X |
Custom Portfolio Asset Rebalancing Service - Moderate |
X |
X |
X |
|
|
|
Investment Option |
CPP |
CPPLI |
Enhanced
CPP/CPPLI |
5%
Nationwide
Lifetime
Income
Rider |
7%
Nationwide
Lifetime
Income
Rider |
10%
Nationwide
Lifetime
Income
Rider |
Custom Portfolio Asset Rebalancing Service -
Moderately Aggressive
This underlying mutual fund is only available in contracts
for which good order applications were received before
May 1, 2009 |
X |
X |
X |
X |
|
|
Custom Portfolio Asset Rebalancing Service -
Moderately Conservative |
X |
X |
X |
X |
X |
X |
Asset Class |
Conservative |
Moderately Conservative |
Balanced |
Moderate |
Capital Appreciation |
Moderately Aggressive1 |
Aggressive
(CPP &
Standard CPPLI
only) |
Large Growth |
6% |
12% |
14% |
17% |
19% |
21% |
22% |
Large Value |
6% |
12% |
14% |
17% |
19% |
21% |
22% |
Mid-Cap |
2% |
3% |
4% |
4% |
6% |
7% |
8% |
Small-Cap |
2% |
3% |
4% |
4% |
4% |
5% |
6% |
International Growth |
2% |
5% |
7% |
9% |
11% |
13% |
16% |
International Value |
2% |
5% |
7% |
9% |
11% |
13% |
16% |
Bonds |
51% |
41% |
36% |
31% |
25% |
20% |
10% |
Short-Term Bonds |
29% |
19% |
14% |
9% |
5% |
0% |
0% |
Cash |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
GRAND TOTAL |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
Investment Option |
Large Value |
Large Growth |
International Growth |
Mid-Cap |
Small-Cap |
International Value |
Bonds |
Short-
Term Bonds |
Cash |
AllianceBernstein Variable
Products Series Fund, Inc. - AB
VPS Discovery Value Portfolio:
Class B |
|
|
|
X |
|
|
|
|
|
BlackRock Variable Series
Funds II, Inc. - BlackRock Total
Return V.I. Fund: Class III |
|
|
|
|
|
|
X |
|
|
Delaware VIP Trust -
Macquarie VIP Small Cap
Value Series: Service Class |
|
|
|
|
X |
|
|
|
|
Investment Option |
Large
Value |
Large
Growth |
International
Growth |
Mid-Cap |
Small-Cap |
International
Value |
Bonds |
Short-
Term
Bonds |
Cash |
Fidelity Variable Insurance
Products Fund - VIP Equity-
Income Portfolio: Service Class
2 |
X |
|
|
|
|
|
|
|
|
Fidelity Variable Insurance
Products Fund - VIP Growth &
Income Portfolio: Service Class
2 |
X |
|
|
|
|
|
|
|
|
Fidelity Variable Insurance
Products Fund - VIP Growth
Portfolio: Service Class 2 |
|
X |
|
|
|
|
|
|
|
Fidelity Variable Insurance
Products Fund - VIP
Investment Grade Bond
Portfolio: Service Class 2 |
|
|
|
|
|
|
X |
|
|
Fidelity Variable Insurance
Products Fund - VIP Overseas
Portfolio: Service Class 2 |
|
|
X |
|
|
|
|
|
|
Invesco - Invesco V.I. Main
Street Small Cap Fund: Series
II |
|
|
|
|
X |
|
|
|
|
Ivy Variable Insurance
Portfolios - Macquarie VIP Mid
Cap Growth Series: Service
Class |
|
|
|
X |
|
|
|
|
|
Janus Aspen Series - Janus
Henderson Flexible Bond
Portfolio: Service Shares |
|
|
|
|
|
|
X |
|
|
Lincoln Variable Insurance
Products Trust - LVIP American
Century Inflation Protection
Fund: Service Class |
|
|
|
|
|
|
X |
|
|
Lincoln Variable Insurance
Products Trust - LVIP American
Century Mid Cap Value Fund:
Service Class |
|
|
|
X |
|
|
|
|
|
Lord Abbett Series Fund, Inc. -
Total Return Portfolio: Class VC |
|
|
|
|
|
|
X |
|
|
MFS® Variable Insurance Trust
- MFS New Discovery Series:
Service Class |
|
|
|
|
X |
|
|
|
|
MFS® Variable Insurance Trust
- MFS Value Series: Service
Class |
X |
|
|
|
|
|
|
|
|
MFS® Variable Insurance Trust
II - MFS International Intrinsic
Value Portfolio: Service Class |
|
|
|
|
|
X |
|
|
|
Nationwide Variable Insurance
Trust - NVIT Allspring
Discovery Fund: Class II |
|
|
|
X |
|
|
|
|
|
Investment Option |
Large
Value |
Large
Growth |
International
Growth |
Mid-Cap |
Small-Cap |
International
Value |
Bonds |
Short-
Term
Bonds |
Cash |
Nationwide Variable Insurance
Trust - NVIT American Funds
Bond Fund: Class II |
|
|
|
|
|
|
X |
|
|
Nationwide Variable Insurance
Trust - NVIT American Funds
Global Growth Fund: Class II |
|
|
X |
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT American Funds
Growth Fund: Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT American Funds
Growth-Income Fund: Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT AQR Large Cap
Defensive Style Fund: Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT BlackRock Equity
Dividend Fund: Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT BNY Mellon Core
Plus Bond Fund: Class P |
|
|
|
|
|
|
X |
|
|
Nationwide Variable Insurance
Trust - NVIT BNY Mellon
Dynamic U.S. Core Fund:
Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT BNY Mellon
Dynamic U.S. Equity Income:
Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Calvert Equity
Fund: Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Columbia
Overseas Value Fund: Class I |
|
|
|
|
|
X |
|
|
|
Nationwide Variable Insurance
Trust - NVIT Core Bond Fund:
Class II |
|
|
|
|
|
|
X |
|
|
Nationwide Variable Insurance
Trust - NVIT Government Bond
Fund: Class I |
|
|
|
|
|
|
X |
|
|
Nationwide Variable Insurance
Trust - NVIT Government
Money Market Fund: Class I |
|
|
|
|
|
|
|
|
X |
Nationwide Variable Insurance
Trust - NVIT International
Equity Fund: Class II |
|
|
X |
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT International Index
Fund: Class VIII |
|
|
|
|
|
X |
|
|
|
Investment Option |
Large
Value |
Large
Growth |
International
Growth |
Mid-Cap |
Small-Cap |
International
Value |
Bonds |
Short-
Term
Bonds |
Cash |
Nationwide Variable Insurance
Trust - NVIT Invesco Small Cap
Growth Fund: Class II |
|
|
|
|
X |
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Jacobs Levy Large
Cap Core Fund: Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Jacobs Levy Large
Cap Growth Fund: Class II |
|
X |
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Loomis Short
Term Bond Fund: Class II |
|
|
|
|
|
|
|
X |
|
Nationwide Variable Insurance
Trust - NVIT Mid Cap Index
Fund: Class I |
|
|
|
X |
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Multi-Manager
Small Cap Value Fund: Class II |
|
|
|
|
X |
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Multi-Manager
Small Company Fund: Class II |
|
|
|
|
X |
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT NS Partners
International Focused Growth
Fund: Class II |
|
|
X |
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT S&P 500® Index
Fund: Class II |
X |
|
|
|
|
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Small Cap Index
Fund: Class II |
|
|
|
|
X |
|
|
|
|
Nationwide Variable Insurance
Trust - NVIT Victory Mid Cap
Value Fund: Class II |
|
|
|
X |
|
|
|
|
|
PIMCO Variable Insurance
Trust - Short-Term Portfolio:
Advisor Class |
|
|
|
|
|
|
|
X |
|
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
01-01-1991 |
Five-year Contract
Anniversary |
n/a |
$116,678 |
01-01-1993 |
Partial Withdrawal |
$10,000 |
$104,344 |
01-01-1996 |
Five-year Contract
Anniversary |
n/a |
$110,814 |
03-01-1996 |
Annuitant’s 86th birthday |
n/a |
$111,026 |
01-01-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$119,140 |
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
$119,140 |
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
$91,254 |
(3) |
the highest Contract Value on any five-year Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after
that five-year Contract Anniversary. |
$110,814 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
01-01-1990 |
Partial Withdrawal |
$10,000 |
$106,678 |
01-01-1994 |
Contract Anniversary |
n/a |
$123,362 |
03-01-1996 |
Annuitant’s 86th birthday |
n/a |
$111,026 |
02-01-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$119,368 |
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
$119,368 |
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
$91,429 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$123,362 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
01-01-1990 |
Partial Withdrawal |
$10,000 |
$106,678 |
01-01-1994 |
Contract Anniversary |
n/a |
$123,362 |
03-01-1996 |
Annuitant’s 86th birthday |
n/a |
$111,026 |
02-01-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$119,368 |
(1) |
the Contract Value as of the date that Nationwide receives all the information necessary to pay the death benefit; |
$119,368 |
(2) |
the total of all purchase payments, less an adjustment for amounts withdrawn; or |
$91,429 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 86th birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$123,362 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
02-14-1988 |
Subsequent Purchase
Payment |
$25,000 |
$133,673 |
07-28-1996 |
Partial Withdrawal |
$10,000 |
$176,253 |
09-30-2004 |
Annuitant’s 81st birthday |
n/a |
$242,931 |
03-01-2005 |
Subsequent Purchase
Payment |
$11,000 |
$257,931 |
05-15-2007 |
Partial Withdrawal |
$7,000 |
$274,236 |
04-18-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$295,786 |
(1) |
the Contract Value as of the date that Nationwide receives all the
information necessary to pay the death benefit; |
$295,786 |
(2) |
the total of all purchase payments, less an adjustment for amounts
withdrawn; or |
$125,617 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 81st birthday, less an adjustment for amounts subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$247,366 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
02-14-1988 |
Subsequent Purchase
Payment |
$25,000 |
$133,673 |
07-28-1996 |
Partial Withdrawal |
$10,000 |
$176,253 |
09-30-2004 |
Annuitant’s 81st birthday |
n/a |
$242,931 |
03-01-2005 |
Subsequent Purchase
Payment |
$11,000 |
$257,931 |
05-15-2007 |
Partial Withdrawal |
$7,000 |
$274,236 |
04-18-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$295,786 |
(1) |
the Contract Value as of the date that Nationwide receives all the
information necessary to pay the death benefit; |
$295,786 |
(2) |
the total of all purchase payments, less an adjustment for amounts
withdrawn; or |
$125,617 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the
Annuitant's 81st birthday, less an adjustment for amounts
subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$247,366 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
02-14-1988 |
Subsequent Purchase
Payment |
$25,000 |
$133,666 |
07-28-1996 |
Partial Withdrawal |
$10,000 |
$176,202 |
09-30-2004 |
Annuitant’s 81st birthday |
n/a |
$242,807 |
03-01-2005 |
Subsequent Purchase
Payment |
$11,000 |
$257,803 |
05-15-2007 |
Partial Withdrawal |
$7,000 |
$274,079 |
04-18-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$295,602 |
(1) |
the Contract Value as of the date that Nationwide receives all the
information necessary to pay the death benefit; |
$295,602 |
(2) |
the total of all purchase payments, less an adjustment for amounts
withdrawn; or |
$126,067 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the
Annuitant's 81st birthday, less an adjustment for amounts
subsequently withdrawn, plus purchase payments received after that Contract Anniversary. |
$240,646 |
(4) |
the interest anniversary value |
$252,134 |
Date |
Event/Transaction Type |
Transaction Amount |
Contract Value* |
01-01-1986 |
Initial Purchase Payment |
$100,000 |
$100,000 |
02-14-1988 |
Subsequent Purchase
Payment |
$25,000 |
$133,666 |
07-28-1996 |
Partial Withdrawal |
$10,000 |
$176,202 |
09-30-2004 |
Annuitant’s 81st birthday |
n/a |
$242,807 |
03-01-2005 |
Subsequent Purchase
Payment |
$11,000 |
$257,803 |
05-15-2007 |
Partial Withdrawal |
$7,000 |
$274,079 |
04-18-2009 |
Annuitant’s death and the
date Nationwide received
information to pay the death
benefit |
n/a |
$295,602 |
(1) |
the Contract Value as of the date that Nationwide receives all the
information necessary to pay the death benefit; |
$295,602 |
(2) |
the total of all purchase payments, less an adjustment for amounts
withdrawn; or |
$126,067 |
(3) |
the highest Contract Value on any Contract Anniversary prior to the Annuitant's 81st birthday, less an adjustment for amounts subsequently
withdrawn, plus purchase payments received after that Contract
Anniversary. |
$240,646 |
(4) |
the interest anniversary value |
$252,134 |
|
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|
President and Chief Operating Officer and Director |
Carter, John L. |
Executive Vice President-Chief Human Resources Officer |
Clements, Vinita J. |
Executive Vice President-Chief Technology Officer |
Fowler, James R. |
Executive Vice President and Director |
Frommeyer, Timothy G. |
Executive Vice President-Chief Legal Officer |
Howard, Mark S. |
Executive Vice President-Chief Marketing Officer |
Jones, Ramon |
Executive Vice President-Chief Customer, Strategy and Innovation Officer |
Mahaffey, Michael W. |
Executive Vice President-Chief Transformation Officer |
Shore, Amy T. |
Senior Vice President-NF Strategic Customer Solutions |
Ambrozy, Tina S. |
Senior Vice President-Strategic Planning |
Amodeo, Daniel W. |
Senior Vice President-Marketing Management - Financial Services |
Bair, Ann S. |
Senior Vice President-Corporate Controller and Chief Accounting Officer |
Benson, James D. |
Senior Vice President-Head of Taxation |
Biesecker, Pamela A. |
Senior Vice President-Marketing Content & Delivery |
Boyd, Michael A. |
Senior Vice President-Legal – NF |
Boyer, John N. |
Senior Vice President-Human Resources – IT & Legal |
Bretz, Angela D. |
Senior Vice President-Chief Technology Officer - Nationwide Financial |
Carrel, Michael W. |
Senior Vice President-Chief Investment Officer |
Coleman, Joel L. |
Senior Vice President-Chief Compliance Officer |
Dankovic, Rae Ann |
Senior Vice President-Chief Risk Officer |
Diem, Klaus K. |
Senior Vice President-External Affairs |
English, Steven M. |
Senior Vice President-Trial Division |
Failor, Scott E. |
Senior Vice President-Chief Financial Officer - Nationwide Financial and Director |
Ginnan, Steven A. |
Senior Vice President-Annuity Distribution |
Guymon, Rona |
Senior Vice President-Retirement Solutions Sales |
Hawley, Craig A. |
Senior Vice President-Nationwide Annuity and Director |
Henderson, Eric S. |
Senior Vice President-Corporate Operations & Litigation Legal |
Innis-Thompson, Janice |
Senior Vice President-Investment Management Group |
Jestice, Kevin T. |
Senior Vice President-Internal Audit |
Jordan, Gregory S. |
Senior Vice President-Chief Innovation and Digital Officer |
Kandhari, Chetan D. |
Senior Vice President-Chief Technology Officer – Technology Strategy, Data & Innovation |
Kolp, Melanie A. |
Senior Vice President and Treasurer |
LaPaul, David |
Senior Vice President-Chief Information Security Officer |
Lukens, Todd |
Senior Vice President-Marketing Management - P&C |
MacKenzie, Jennifer B. |
Senior Vice President-Technology CFO & Procurement |
O'Brien, Kevin G. |
Senior Vice President-Corporate Solutions |
Perez, Juan J. |
Senior Vice President-Talent & Organization Effectiveness |
Pheister, Erin R. |
Senior Vice President-Nationwide Retirement Institute |
Rodriguez, Kristi L. |
Senior Vice President-Corporate Real Estate |
Sherry, Kieran P. |
Senior Vice President-Finance & Strategy Legal and Corporate Secretary |
Skingle, Denise L. |
Senior Vice President-Nationwide Life and Director |
Snyder, Holly R. |
Senior Vice President-Total Rewards |
Sonneman, Christopher Paul |
Senior Vice President-Retirement Solutions |
Stevenson, Eric |
Senior Vice President-Chief Advanced Analytics Officer |
Terry, Shannon |
Senior Vice President-Chief Technology Officer – Property & Casualty |
Vasudeva, Guruprasad C. |
Senior Vice President-Human Resources - NF |
Webster, Cynthia S. |
Director |
Walker, Kirt A. |
Company |
Jurisdiction
of Domicile |
Brief Description of Business |
Nationwide Financial Services, Inc. |
Delaware |
The company acts primarily as a holding company for companies within the Nationwide organization that offer or distribute life insurance, long-term savings and retirement products. |
NFS Distributors, Inc. |
Delaware |
The company acts primarily as a holding company for Nationwide Financial Services, Inc. companies. |
Nationwide Financial General Agency, Inc. |
Pennsylvania |
The company is a multi-state licensed insurance agency. |
Nationwide Fund Distributors, LLC |
Delaware |
The company is a limited purpose broker-dealer. |
Nationwide Fund Management, LLC |
Delaware |
The company provides administration, transfer and dividend disbursing agent services to various mutual fund entities. |
Nationwide Retirement Solutions, Inc. |
Delaware |
The company markets and administers deferred compensation plans for public employees. |
Nationwide Securities, LLC |
Delaware |
The company is a general purpose broker-dealer and investment adviser registered with the Securities and Exchange Commission. |
Company |
Jurisdiction
of Domicile |
Brief Description of Business |
Nationwide Trust Company, FSB |
Federal |
This is a federal savings bank chartered by the Office of Thrift Supervision in the United States Department of Treasury to exercise deposit, lending, agency, custody and fiduciary powers and to engage in activities permissible for federal savings banks under the Home Owners’ Loan Act of 1933. |
Nationwide Financial Services Capital Trust |
Delaware |
The trust’s sole purpose is to issue and sell certain securities representing individual beneficial interests in the assets of the trust |
525 Cleveland Avenue, LLC |
Ohio |
This is a limited liability company organized under the laws of the State of Ohio. The company was formed to provide remedial real property cleanup prior to sale. |
Nationwide Life Insurance Company 2
|
Ohio |
The corporation provides individual life insurance, group and health insurance, fixed and variable annuity products and other life insurance products. |
Jefferson National Life Insurance Company2,3
|
Texas |
The company provides life, health and annuity products. |
Jefferson National Life Annuity Company C2,3
|
|
A separate account issuing variable annuity products. |
Jefferson National Life Annuity Account E2,3
|
|
A separate account issuing variable annuity products. |
Jefferson National Life Annuity Account F2,3
|
|
A separate account issuing variable annuity products. |
Jefferson National Life Annuity Account G2,3
|
|
A separate account issuing variable annuity products. |
Jefferson National Life Insurance Company of New York2,3
|
New York |
The company provides variable annuity products. |
Jefferson National Life of New York Annuity Account 12,3
|
|
A separate account issuing variable annuity products. |
MFS Variable Account2,3 |
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Multi-Flex Variable Account2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-II2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-32,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-42,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-52,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-62,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-72,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-82,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-92,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-102,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-112,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-122,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-132,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-142,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Variable Account-152,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Provident VA Separate Account 12,3
|
Pennsylvania |
A separate account issuing variable annuity contracts. |
Nationwide VLI Separate Account2,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-22,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-32,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-42,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-52,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-62,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VLI Separate Account-72,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide Provident VLI Separate Account 12,3
|
Pennsylvania |
A separate account issuing variable life insurance policies. |
Company |
Jurisdiction
of Domicile |
Brief Description of Business |
Nationwide Investment Services Corporation3
|
Oklahoma |
This is a limited purpose broker-dealer and distributor of variable annuities and variable life products for Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company. The company also provides educational services to retirement plan sponsors and its participants. |
Nationwide Financial Assignment Company3
|
Ohio |
The company is an administrator of structured settlements. |
Nationwide Investment Advisors, LLC3
|
Ohio |
The company provides investment advisory services. |
Eagle Captive Reinsurance, LLC3
|
Ohio |
The company is engaged in the business of insurance |
Nationwide Life and Annuity Insurance Company2,3
|
Ohio |
The company engages in underwriting life insurance and granting, purchasing and disposing of annuities. |
Nationwide VA Separate Account-A2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide VA Separate Account-B2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide VA Separate Account-C2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide VA Separate Account-D2,3
|
Ohio |
A separate account issuing variable annuity contracts. |
Nationwide Provident VA Separate Account A2,3 |
Delaware |
A separate account issuing variable annuity contracts. |
Nationwide VL Separate Account-C2,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VL Separate Account-D2,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide VL Separate Account-G2,3
|
Ohio |
A separate account issuing variable life insurance policies. |
Nationwide Provident VLI Separate Account A2,3 |
Delaware |
A separate account issuing variable life insurance policies. |
Olentangy Reinsurance, LLC3
|
Vermont |
The company is a captive life reinsurance company. |
Nationwide SBL, LLC |
Ohio |
The company is a lender offering securities-back lines of credit. |
Registered Investment Advisors Services, Inc. |
Texas |
The company is a technology company that facilitates third-party money management services for registered investment advisors |
Nationwide Fund Advisors4 |
Delaware |
The trust acts as a registered investment advisor. |
Jefferson National Life Annuity Account C |
Nationwide Variable Account-14 |
Jefferson National Life Annuity Account E |
Nationwide Variable Account-15 |
Jefferson National Life Annuity Account F |
Nationwide VA Separate Account-A |
Jefferson National Life Annuity Account G |
Nationwide VA Separate Account-B |
Jefferson National Life of New York Annuity Account 1 |
Nationwide VA Separate Account-C |
MFS Variable Account |
Nationwide VA Separate Account-D |
Multi-Flex Variable Account |
Nationwide VLI Separate Account |
Nationwide Variable Account |
Nationwide VLI Separate Account-2 |
Nationwide Variable Account-II |
Nationwide VLI Separate Account-3 |
Nationwide Variable Account-3 |
Nationwide VLI Separate Account-4 |
Nationwide Variable Account-4 |
Nationwide VLI Separate Account-5 |
Nationwide Variable Account-5 |
Nationwide VLI Separate Account-6 |
Nationwide Variable Account-6 |
Nationwide VLI Separate Account-7 |
Nationwide Variable Account-7 |
Nationwide VL Separate Account-C |
Nationwide Variable Account-8 |
Nationwide VL Separate Account-D |
Nationwide Variable Account-9 |
Nationwide VL Separate Account-G |
Nationwide Variable Account-10 |
Nationwide Provident VA Separate Account 1 |
Nationwide Variable Account-11 |
Nationwide Provident VA Separate Account A |
Nationwide Variable Account-12 |
Nationwide Provident VLI Separate Account 1 |
Nationwide Variable Account-13 |
Nationwide Provident VLI Separate Account A |
President and Director |
Ambrozy, Tina S. |
Senior Vice President-Head of Taxation |
Biesecker, Pamela A. |
Senior Vice President and Secretary |
Skingle, Denise L. |
Vice President-Tax |
Eppley, Daniel P. |
Vice President and Assistant Secretary |
Garman, David A. |
Vice President-Chief Compliance Officer |
Rabenstine, James J. |
Vice President-CFO – Life Insurance |
Wild, Keith D. |
Associate Vice President and Treasurer |
Roswell, Ewan T. |
Associate Vice President and Assistant Treasurer |
Hacker, Hope C. |
Associate Vice President and Assistant Treasurer |
Reese, John A. |
Associate Vice President and Assistant Treasurer |
Walker, Tonya G. |
Assistant Secretary |
Bowman, Heidi |
Assistant Secretary |
Dokko, David |
Assistant Secretary |
Hartman, Mark E. |
Director |
Henderson, Eric S. |
Director |
Stevenson, Eric |
Name of Principal Underwriter |
Net Underwriting Discounts |
Compensation on Redemption |
Brokerage Commissions |
Other Compensation
|
Nationwide Investment Services Corporation |
N/A |
N/A |
N/A |
N/A |
Nationwide Variable Account-II |
(Registrant) |
Nationwide Life Insurance Company |
(Depositor) |
By: /s/ Jamie Ruff Casto |
Jamie Ruff Casto
Attorney-in-Fact |
JOHN L. CARTER |
|
John L. Carter, President and Chief Operating Officer and Director (Principal Executive Officer) |
|
HOLLY R. SNYDER |
|
Holly R. Snyder, Senior Vice President and Director |
|
TIMOTHY G. FROMMEYER |
|
Timothy G. Frommeyer, Executive Vice President and Director |
|
ERIC S. HENDERSON |
|
Eric S. Henderson, Senior Vice President-Nationwide Annuity and Director |
|
STEVEN A. GINNAN |
|
Steven A. Ginnan, Senior Vice President-Chief Financial Officer-Nationwide Financial and Director (Chief Financial Officer) |
|
KIRT A. WALKER |
|
Director |
|
JAMES D. BENSON |
|
James D. Benson, Senior Vice President-Corporate Controller and Chief Accounting Officer (Principal Accounting Officer) |
|
|
By: /s/ Jamie Ruff Casto |
|
Jamie Ruff Casto
Attorney-in-Fact |