# EDGAR Filing Document

**Accession Number:** 0000356514
**File Stem:** 0001193125-26-180956
**Filing Date:** 2026-4
**Character Count:** 100500
**Document Hash:** 1cc482dbddbc9e22891be4b8f56061bc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-180956.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0001193125-26-180956

**CONFORMED SUBMISSION TYPE**: 497VPI

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**EFFECTIVENESS DATE**: 20260427

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONWIDE VARIABLE ACCOUNT II
- **CENTRAL INDEX KEY:** 0000356514

**ORGANIZATION NAME:**
- **EIN:** 314156830
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPI
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-258296
- **FILM NUMBER:** 26898717

**BUSINESS ADDRESS:**
- **STREET 1:** NATIONWIDE LIFE INSURANCE CO
- **STREET 2:** ONE NATIONWIDE PLZ
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43216
- **BUSINESS PHONE:** 614-249-7111

**MAIL ADDRESS:**
- **STREET 1:** NATIONWIDE LIFE INSURANCE CO
- **STREET 2:** ONE NATIONWIDE PLAZA
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43216-6609

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE SPECTRUM VARIABLE ACCOUNT
- **DATE OF NAME CHANGE:** 19870428

## Series and Classes Contracts Data

### NATIONWIDE VARIABLE ACCOUNT-II (Series ID: S000009005)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000231088 | Nationwide O Series |  |

**Nationwide**<sup>®</sup> **O Series**

**Individual Flexible Premium Deferred Variable Annuity Contracts**

Issued by

**Nationwide Life Insurance Company**

through its

**Nationwide Variable Account-II**

**Summary Prospectus for New Investors**

May 1, 2026

This summary prospectus summarizes key features of the contract. **Not all benefits and features are available in all states. Check the statutory prospectus for information relating to state availability.** 

Before you invest, you should also review the statutory prospectus for the contract, which contains more information about the contract's features, benefits, and risks. You can find this document and other information about the contract online at https://nationwide.onlineprospectus.net/NW/C000231088NW/index.php?ctype=product_prospectus. You can also obtain this information at no cost by calling 1-800-848-6331 or by sending an email request to FLSS@nationwide.com.

Variable annuities are complex investment products and involve risks, including the potential loss of principal. The contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Withdrawals under the contract could result in Contingent Deferred Sales Charges, taxes, and tax penalties.

This prospectus utilizes Rate Sheet Supplements to disclose current rates for certain optional benefits available under the contract. The most current Rate Sheet Supplement must be used in conjunction with the prospectus.

**Under state insurance laws, Contract Owners have the right, during a limited period of time, to examine their contract and decide if they want to keep it or cancel it. This right is referred to as a "free look" right. The length of this time period depends on state law and may vary depending on whether the purchase is a replacement of another annuity contract. For ease of administration, Nationwide will honor any free look cancellation request that is in good order and received at the Service Center or postmarked within 30 days after the contract issue date (see *Right to Examine and Cancel* and *Contacting the Service Center* in the statutory prospectus).**

**If the Contract Owner elects to cancel the contract pursuant to the free look provision, where required by law, Nationwide will return the greater of the Contract Value or the amount of purchase payment(s) applied during the free look period, less any withdrawals from the contract, and applicable federal and state income tax withholding. Otherwise, Nationwide will return the Contract Value, less any withdrawals from the contract, and applicable federal and state income tax withholding (see *Right to Examine and Cancel* in the statutory prospectus).**

All guarantees under the contract are subject to Nationwide's creditworthiness and claims-paying ability.

You should review the statutory prospectus, or consult with your financial professional, for additional information about the specific cancellation terms that apply.

Additional information about certain investment products, including variable annuities, has been prepared by the SEC's staff and is available at Investor.gov.

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**Table of Contents**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | |
|:---|:---|
|  | **Page** |
| **[Glossary of Special Terms](#xx_5c75d864-066a-4e38-a3a2-dd5a8e2b5f35_1)** | &nbsp;&nbsp; 3<br>|
| **[Overview of the Contract](#xx_37d8889c-2798-4720-b297-86b39f762736_1)** | &nbsp;&nbsp; 5<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Purpose of the Contract](#xx_37d8889c-2798-4720-b297-86b39f762736_1) | &nbsp;&nbsp; 5<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Phases of the Contract](#xx_37d8889c-2798-4720-b297-86b39f762736_1) | &nbsp;&nbsp; 5<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Contract Features](#xx_37d8889c-2798-4720-b297-86b39f762736_1) | &nbsp;&nbsp; 5<br>|
| **[Important Information You Should Consider About the Contract](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_1)** | &nbsp;&nbsp; 7<br>|
| **[Benefits Under the Contract](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_3)** | &nbsp;&nbsp; 9<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Standard Benefits Table](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_4) | &nbsp;&nbsp; 10<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Optional Benefits Table](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_5) | &nbsp;&nbsp; 11<br>|
| **[Buying the Contract](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_6)** | &nbsp;&nbsp; 12<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Minimum Initial and Subsequent Purchase Payments](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_6) | &nbsp;&nbsp; 12<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Dollar Limit Restrictions](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_6) | &nbsp;&nbsp; 12<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Application of Purchase Payments](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_7) | &nbsp;&nbsp; 13<br>|
| **[Making Withdrawals: Accessing the Money in Your Contract](#xx_3bf435d8-d896-4398-a18e-cdc34521ac81_7)** | &nbsp;&nbsp; 13<br>|
| **[Additional Information About Fees](#xx_e6763b37-9f77-4451-9625-9688c9f05e00_1)** | &nbsp;&nbsp; 14<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Example](#xx_e6763b37-9f77-4451-9625-9688c9f05e00_2) | &nbsp;&nbsp; 15<br>|
| **[Appendix: Investment Options Available Under the Contract](#xx_7b00d8cd-7834-40e4-83f0-cd820e640ad8_1)** | &nbsp;&nbsp; 17<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Underlying Mutual Funds](#xx_7b00d8cd-7834-40e4-83f0-cd820e640ad8_1) | &nbsp;&nbsp; 17<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Fixed Options](#xx_7b00d8cd-7834-40e4-83f0-cd820e640ad8_7) | &nbsp;&nbsp; 23<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Income Benefit Investment Options](#xx_7b00d8cd-7834-40e4-83f0-cd820e640ad8_7) | &nbsp;&nbsp; 23<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Custom Choice Asset Rebalancing Service Investment Options](#xx_7b00d8cd-7834-40e4-83f0-cd820e640ad8_8) | &nbsp;&nbsp; 24 |

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**Glossary of Special Terms** 

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| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; **Accumulation Unit** – An accounting unit of measure used to calculate the Contract Value allocated to the Variable <br> Account before the Annuitization Date.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Annuitant** – The person(s) whose length of life determines how long annuity payments are paid. The Annuitant must <br> be living on the date the contract is issued.<br>|
| **Annuitization Date** – The date on which annuity payments begin. |
| **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. |
| **Contract Year** – Each year the contract is in force beginning with the date the contract is issued. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Current Income Benefit Base** – It is an amount equal to the Original Income Benefit Base adjusted throughout the life <br> of the contract to account for subsequent purchase payments, excess withdrawals, reset opportunities, and if <br> elected, the Non-Lifetime Withdrawal. This amount is multiplied by the Lifetime Withdrawal Percentage to arrive at <br> the Lifetime Withdrawal Amount.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Daily Net Assets** – A figure that is calculated at the end of each Valuation Date and represents the sum of all the <br> Contract Owners interests in the Sub-Accounts after the deduction of underlying mutual fund expenses.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Fixed Account** – An investment option that is funded by Nationwide's General Account. Amounts allocated to the <br> Fixed Account will receive periodic interest subject to a guaranteed minimum crediting rate.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **General Account** – All assets of Nationwide other than those of the Variable Account or in other separate accounts of <br> Nationwide.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Individual Retirement Annuity or IRA** – An annuity contract that qualifies for favorable tax treatment under Section <br> 408(b) of the Internal Revenue Code, but does not include Roth IRAs or Simple IRAs.<br>|
| **Lifetime Withdrawal** – A withdrawal of all or a portion of the Lifetime Withdrawal Amount. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Lifetime Withdrawal Percentage** – An age-based percentage used to determine the Lifetime Withdrawal Amount. <br> The applicable percentage is multiplied by the Current Income Benefit Base to arrive at the Lifetime Withdrawal <br> Amount for any given year. The Rate Sheet Supplement discloses the Lifetime Withdrawal Percentages that are <br> currently available for new contracts.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Lifetime Withdrawal Amount** – the maximum amount that can be withdrawn during a calendar year without reducing <br> the Current Income Benefit Base. It is calculated annually, on each January 1, by multiplying the Current Income <br> Benefit Base by the applicable Lifetime Withdrawal Percentage.<br>|
| **Nationwide** – Nationwide Life Insurance Company.  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Asset Value** – The value of one share of an underlying mutual fund at the close of regular trading on the New <br> York Stock Exchange.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Non-Lifetime Withdrawal** –A one-time only election to take a withdrawal from the contract that will not initiate the <br> benefit under the option.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Non-Natural Contract Owner** – A corporation, trust or other entity that is not a natural person. Any death benefit is <br> payable upon the death of an Annuitant when there is a Non-Natural Contract Owner.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Original Income Benefit Base** – The initial benefit base calculated on the date the option is elected, which is equal to <br> the Contract Value.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Premium Based Sales Charge** - A sales charge that is assessed on each Purchase Payment beginning on the first <br> Quarterly Contract Anniversary following the date we process the Purchase Payment and continuing for 28 Quarterly <br> Contract Anniversaries (7 years) after the Purchase Payment was made.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Purchase Payment -** The amount paid to Nationwide by or on behalf of a Contract Owner as consideration for the <br> benefits provided under the Contract.<br>|

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| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; **Qualified Plan** – A retirement plan that receives favorable tax treatment under Section 401 of the Internal Revenue <br> Code, including Investment-Only Contracts. In this prospectus, all provisions applicable to Qualified Plans also apply <br> to Investment-Only Contracts unless specifically stated otherwise.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Quarterly Contract Anniversary** – Each recurring three-month period, measured beginning on the date the contract <br> is issued. If the contract is issued on a date that does not have a counterpart day in all other months (e.g., issued on <br> the 31<sup>st</sup> of a month), then the Quarterly Contract Anniversary for any such month will instead be the last day of that <br> month.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Rate Sheet Supplement** – Supplements to the prospectus that we file periodically with the SEC to provide for and <br> modify certain rates that are associated with various optional benefits available under the contract. The Rate Sheet <br> Supplements disclose the Roll-up Interest Rates, Roll-up Crediting Periods, Lifetime Withdrawal Percentages, and <br> Interest Anniversary Rate that are currently available for new contracts.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Roll-up Crediting Period** – Beginning with the date the contract is issued, the Roll-up Crediting Period is the <br> maximum period of time that the Roll-up Interest Rate will apply. The Rate Sheet Supplement discloses the Roll-up <br> Crediting Periods that are currently available for new contracts.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Roll-up Interest Rate** – The simple interest rate used to determine the roll-up in the calculation of the Current Income <br> Benefit Base. The Rate Sheet Supplement discloses the Roll-up Interest Rates that are currently available for new <br> contracts. <br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Roth IRA** – An annuity contract that qualifies for favorable tax treatment under Section 408A of the Internal Revenue <br> Code.<br>|
| **SEC** – Securities and Exchange Commission. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Service Center** – The department of Nationwide responsible for receiving all service and transaction requests relating <br> to the contract. For service and transaction requests submitted other than by telephone (including fax requests), the <br> Service Center is Nationwide's mail and document processing facility. For service and transaction requests <br> communicated by telephone, the Service Center is Nationwide's operations processing facility. Information on how to <br> contact the Service Center is in the *Contacting the Service Center* provision in the statutory prospectus.<br>|
| **Sub-Accounts** – Divisions of the Variable Account, each of which invests in a single underlying mutual fund. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Terminal Illness -** An illness or injury diagnosed by a physician after the date the contract is issued that is expected to <br> result in death within 12 months of diagnosis.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Valuation Date** – Each day the New York Stock Exchange is open for business or any other day during which there is <br> a sufficient degree of trading such that the current Net Asset Value of the underlying mutual fund shares might be <br> materially affected. Values of the Variable Account are determined as of the close of regular trading on the New <br> York Stock Exchange, which generally closes at 4:00 p.m. EST.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Valuation Period** – The period of time commencing at the close of a Valuation Date and ending at the close of <br> regular trading on the New York Stock Exchange for the next succeeding Valuation Date.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Variable Account** – Nationwide Variable Account-II, a separate account that Nationwide established to hold Contract <br> Owner assets allocated to variable investment options. The Variable Account is divided into Sub-Accounts, each of <br> which invests in a separate underlying mutual fund.<br>|

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**Overview of the Contract**

**Purpose of the Contract**

The contract is intended to be a long-term investment vehicle to assist investors in saving for and living in retirement. Nationwide has designed the contract to offer features, pricing, and investment options that encourage long-term ownership. The contract can help supplement retirement income through the annuitization feature, which provides a stream of periodic income payments. During the years leading up to those income payments, the Contract Owner manages his/her assets in the contract according to their specific goals and risk preferences by directing the allocation and reallocation among a variety of investment options. Contract growth is tax-deferred, meaning that gains in the contract are not taxable until withdrawn from the contract. Finally, in the event that the Owner dies before beginning income payments, the contract offers a death benefit.

Prospective purchasers should consult with a financial professional to determine whether this contract is appropriate for them, taking into consideration their particular needs, including investment objectives, risk tolerance, investment time horizon, marital status, tax situation, and other personal characteristics. Generally speaking, this contract is intended to provide benefits to a single individual and his/her beneficiaries. The contract is not intended to be used by institutional investors, in connection with other Nationwide contracts that have the same Contract Owner, or in connection with other Nationwide contracts that have different Annuitants but the same Contract Owner. It is not intended to be sold to a terminally ill Contract Owner or Annuitant.

**Phases of the Contract**

The contract exists in two separate phases: accumulation (savings) and annuitization (income). During the accumulation phase, the contract offers a variety of investment options to which the Contract Owner can allocate and reallocate his/her Contract Value. The investment options available under the contract consist of Sub-Accounts that invest in underlying mutual funds, which offer a variable rate of return, and a Fixed Account, which offers a fixed rate of return. **Additional information about the underlying mutual funds is available in *Appendix: Investment Options Available Under the Contract*.**

During the annuitization phase, Nationwide makes periodic income payments to the Annuitant. At the time of annuitization, the Contract Owner elects the duration of the annuity payments – either for a fixed period of time or for the duration of the Annuitant's (and possibly the Annuitant's spouse's) life. Annuity payments are fixed, meaning each annuity payment will be the same amount. After annuitization begins, the only value associated with the contract is the stream of annuity payments; unless otherwise specified in the annuity option, amounts cannot be withdrawn from the contract over and above the annuity payments. Additionally, once annuitization has begun, there is no death benefit, which means that upon the death of the Annuitant (and the Annuitant's spouse if a joint annuity option was elected), all payments stop and the contract terminates, unless the particular annuitization option provides otherwise. Any living benefit option, if elected, will also terminate upon annuitization.

**Contract Features**

**Investment Options.** Contract Owners can allocate Contract Value to Sub-Accounts that invest in underlying mutual funds, and/or the Fixed Account. Contract Owners can reallocate those assets at their discretion, subject to certain restrictions.

**Deposits to the Contract.** Contract Owners can apply additional purchase payments to the contract until the Annuitization Date, subject to certain restrictions.

**Withdrawals from the Contract.** Contract Owners can withdraw some or all of their Contract Value at any time prior to annuitization, subject to certain restrictions. A CDSC and Premium Based Sales Charge may apply (see *Charges and Adjustments - Premium Based Sales Charge* in the statutory prospectus). After Annuitization, withdrawals other than annuity payments are not permitted.

**Death Benefit.** During the accumulation phase, the contract contains a standard death benefit (the greater of (i) Contract Value or (ii) net purchase payments) at no additional charge.

**Optional Death Benefit.** A Highest Anniversary Value death benefit option is available for an additional charge, which may provide a greater death benefit than the standard death benefit.

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**Terminal Illness Surrender Benefit.** The contract offers an Enhanced Surrender Value for Terminal Illness feature at no additional charge. Under this feature, if after the Contract is issued, the Contract Owner/ Annuitant is determined to have a Terminal Illness and the Contract Owner fully surrenders the Contract, Nationwide will pay the Contract Value plus any additional amount necessary to equal the standard death benefit or, if elected, an optional death benefit, subject to certain conditions.

**Living Benefit Option.** The contract offers the Nationwide Lifetime Income Rider Plus Core living benefit option for an additional charge, which provides a guaranteed lifetime income stream for the Contract Owner and, if elected, the Contract Owner's spouse.

**Annuity Payments.** On the Annuitization Date, Nationwide will make annuity payments based on the annuity payment option chosen prior to annuitization.

**Tax Deferral.** Generally, Contract Owners will not be taxed on any earnings on the assets in the contract until such earnings are distributed from the contract. How each contract's distributions are taxed depends on the type of contract issued. Note that if this contract is issued in connection with a plan that qualifies for special income tax treatment under the Code, the contract does not provide additional tax deferral benefits (see *Appendix C: Contract Types and Tax Information* in the statutory prospectus).

**Cancellation of the Contract.** Under state insurance laws, Contract Owners have the right, during a limited period of time, to examine their contract and decide if they want to keep it or cancel it. Nationwide will honor any free look cancellation request that is in good order and received at the Service Center or postmarked within 30 days after the contract issue date (see *Right to Examine and Cancel* and *Contacting the Service Center* in the statutory prospectus).

**Contract Owner Services.** The contract offers several services at no additional charge to assist Contract Owners in managing their contract, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Asset Rebalancing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Dollar Cost Averaging

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Enhanced Fixed Account Dollar Cost Averaging

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Dollar Cost Averaging for Living Benefits

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fixed Account Interest Out Dollar Cost Averaging

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Systematic Withdrawals

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Custom Choice Asset Rebalancing Service

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolios

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**Important Information You Should Consider About the Contract** 

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| | |
|:---|:---|
| **FEES, EXPENSES, AND ADJUSTMENTS**<br> (see *Additional Information About Fees* later in this summary prospectus and *Charges and Adjustments* in the statutory <br> prospectus) | **FEES, EXPENSES, AND ADJUSTMENTS**<br> (see *Additional Information About Fees* later in this summary prospectus and *Charges and Adjustments* in the statutory <br> prospectus) |
| **Are There Charges or** <br> **Adjustments for Early** <br> **Withdrawals?**<br>| &nbsp;&nbsp; **Yes.** If the Contract Owner withdraws money from the contract within 7 years following <br> his/her last purchase payment, a Contingent Deferred Sales Charge (or "CDSC") may <br> apply (see *Contingent Deferred Sales Charge* in the statutory prospectus). The CDSC will <br> not exceed 7% of the amount of purchase payments withdrawn. <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> For example, for a contract with a $100,000 investment, a withdrawal taken during the <br> CDSC period could result in a CDSC of up to $7,000. This loss will be greater if there are <br> taxes or tax penalties. |
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; **Yes.** The table below describes the fees and expenses that you may pay *each year*, <br> depending on the investment options and optional benefits chosen. Please refer to your <br> contract specifications page for information about the specific fees you will pay each year <br> based on the options you have elected. |
| **Are There Ongoing Fees** <br> **and Expenses?** | **Annual Fee** |
| **Are There Ongoing Fees** <br> **and Expenses?** | Base Contract (varies by Contract Class)<br>1.10%<sup>1</sup> <br>1.65%<sup>1</sup> <br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | Underlying mutual fund fees and expenses<br>0.41%<sup>2</sup> <br>1.49%<sup>2</sup> <br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; Optional benefits available for an additional <br> charge (for a single optional benefit, if elected)<br>0.20%<sup>3</sup> <br>1.60%<sup>3</sup> <br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; <sup>1</sup> As a percentage of Daily Net Assets, plus a percentage attributable to the Contract <br> Maintenance Charge.<br> <sup>2</sup> As a percentage of underlying mutual fund net assets.<br> <sup>3</sup> As a percentage of Daily Net Assets or Current Income Benefit Base, depending on the <br> optional benefit(s) elected. |
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; Because each contract is customizable, the options elected affect how much each <br> Contract Owner will pay. To help you understand the cost of owning the contract, the <br> following table shows the lowest and highest cost a Contract Owner could pay *each year*, <br> based on current charges. This estimate assumes that no withdrawals are taken from the <br> contract, **which could add a CDSC that substantially increases costs**. |
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; **Lowest Annual Cost Estimate:**<br> **$1,837.61**<br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp;&nbsp; Assumes: <br> ● Investment of $100,000 <br> ● 5% annual appreciation<br> ● Least expensive underlying mutual fund fees <br> and expenses <br> ● No optional benefits <br> ● No CDSC <br> ● No additional purchase payments, transfers or <br> withdrawals<br>|

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Is There a Risk of Loss** <br> **from Poor Performance?**<br>| &nbsp;&nbsp; **Yes.** Contract Owners of variable annuities can lose money by investing in the contract, <br> including loss of principal (see *Principal Risks* in the statutory prospectus)<br>|

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|:---|:---|
| **RISKS** | **RISKS** |
| **Is this a Short-Term** <br> **Investment?**<br>| &nbsp;&nbsp; **No.** The contract is not a short-term investment and is not appropriate for an investor who <br> needs ready access to cash. Nationwide has designed the contract to offer features, <br> pricing, and investment options that encourage long-term ownership (see *Principal Risks* in <br> the statutory prospectus). <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> A CDSC may apply for up to 7 years following the last purchase payment and could reduce <br> the value of the contract if purchase payments are withdrawn during that time (see <br> *Contingent Deferred Sales Charge* in the statutory prospectus). Withdrawals may be <br> subject to taxes and tax penalties. The benefits of tax deferral and living benefit <br> protections also mean that the contract is more beneficial to investors with a long time <br> horizon (see *Principal Risks* in the statutory prospectus).<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> For amounts allocated to the Fixed Account at the end of an interest rate guarantee <br> period, such amounts will be reallocated among the contract's available investment options <br> in accordance with the Contract Owner's reallocation instructions, subject to any applicable <br> limitations. In the absence of instructions, such amounts will remain invested in the Fixed <br> Account for another interest rate guarantee period at the applicable Renewal Rate (see <br> *The Fixed Account* and *Transfers Prior to Annuitization* in the statutory prospectus).<br>|
| **What Are the Risks** <br> **Associated with the** <br> **Investment Options?**<br>| &nbsp;&nbsp;&nbsp; ● Investment in this contract is subject to the risk of poor investment performance. <br> Investment experience can vary depending on the investment options selected by the <br> Contract Owner.<br> ● Each investment option (including the Fixed Account) has its own unique risks.<br> ● Review the prospectuses and disclosures for the investment options before making an <br> investment decision. <br> See *Principal Risks* in the statutory prospectus*.*<br>|
| **What Are the Risks** <br> **Related to the Insurance** <br> **Company?**<br>| &nbsp;&nbsp; Investment in this contract is subject to the risks associated with Nationwide, including that <br> any obligations (including interest payable for allocations to the Fixed Account), <br> guarantees, or benefits are subject to the claims-paying ability of Nationwide. More <br> information about Nationwide, including its financial strength ratings, is available by <br> contacting Nationwide at the address and/or toll-free phone number indicated in <br> *Contacting the Service Center* (see *Principal Risks* in the statutory prospectus). <br>|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There Restrictions** <br> **on the Investment** <br> **Options?**<br>| &nbsp;&nbsp;&nbsp; **Yes.**<br> ● Nationwide reserves the right to add, remove, and substitute investment options <br> available under the contract (see *The Sub-Accounts and Underlying Mutual Funds* in the <br> statutory prospectus).<br> ● Allocations to the Fixed Account may not be transferred to another investment option <br> except at the end of a Fixed Account interest rate guarantee period (see *The Fixed* <br> *Account* in the statutory prospectus)*.*<br> ● Transfers between Sub-Accounts are subject to policies designed to deter short-term <br> and excessively frequent transfers. Nationwide may restrict the form in which transfer <br> requests will be accepted (see *Transfer Restrictions* in the statutory prospectus).<br> ● The availability of investment options may vary depending on the broker-dealer through <br> which the contract is sold (see *Appendix F: Financial Intermediary Variations* in the <br> statutory prospectus).<br>|

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| | |
|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There any** <br> **Restrictions on Contract** <br> **Benefits?**<br>| &nbsp;&nbsp;&nbsp; **Yes.**<br> ● Certain optional benefits limit or restrict the investment options available for investment. <br> ● Nationwide reserves the right to discontinue offering any optional benefit. Such a <br> discontinuance will only apply to new contracts and will not impact any contracts already <br> in force. <br> ● For certain optional benefits, Nationwide reserves the right to refuse or limit subsequent <br> purchase payments. <br> ● For certain optional benefits, a Contract Owner's ability to continue to receive certain <br> benefits is contingent on a Contract Owner's agreement to new terms and conditions.<br> ● For certain optional benefits, while withdrawals are not restricted, the impact of certain <br> withdrawals could have a negative impact on the amount of the benefit ultimately <br> available.<br> ● For certain optional benefits, certain withdrawals could negatively impact the amount of <br> the benefit by an amount greater than the amount withdrawn and/or could terminate the <br> optional benefit.<br> ● The availability of contract benefits may vary depending on the broker-dealer through <br> which the contract is sold (see *Appendix F: Financial Intermediary Variations* in the <br> statutory prospectus).<br> See *Benefits Under the Contract* in the statutory prospectus.<br>|
| **TAXES** | **TAXES** |
| **What Are the Contract's** <br> **Tax Implications?**<br>| &nbsp;&nbsp;&nbsp; ● Consult with a tax professional to determine the tax implications of an investment in and <br> payments received under this contract.<br> ● If the contract is purchased through a tax-qualified plan or IRA, there is no additional tax <br> deferral.<br> ● Earnings in the contract are taxed at ordinary income tax rates at the time of <br> withdrawals and there may be a tax penalty if withdrawals are taken before the Contract <br> Owner reaches age 59½. <br>|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **How Are Investment** <br> **Professionals** <br> **Compensated?**<br>| &nbsp;&nbsp; Some financial professionals receive compensation for selling the contract. Compensation <br> can take the form of commissions and other indirect compensation in that Nationwide may <br> share the revenue it earns on this contract with the financial professional's firm. This <br> conflict of interest may influence a financial professional, as these financial professionals <br> may have a financial incentive to offer or recommend this contract over another investment <br> (see *Distribution, Promotional, and Sales Expenses* in the statutory prospectus)*.*<br>|
| **Should I Exchange My** <br> **Contract?**<br>| &nbsp;&nbsp; Some financial professionals may have a financial incentive to offer an investor a new <br> contract in place of the one he/she already owns. An investor should only exchange his/her <br> contract if he/she determines, after comparing the features, fees, and risks of both <br> contracts, and any fees or penalties to terminate the existing contract, that it is preferable <br> for him/her to purchase the new contract, rather than to continue to own the existing <br> one(see *Replacements* and *Distribution, Promotional, and Sales Expenses* in the statutory <br> prospectus).<br>|

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**Benefits Under the Contract**

**The following tables summarize information about the benefits under the contract.** The Standard Benefits table indicates the benefits that are available under the contract and for which there is no additional charge. The Optional Benefits table indicates the benefits that are available under the contract that are optional – they must be affirmatively elected by the applicant and may have an additional charge. The availability of contract benefits may vary depending on the broker-dealer through which the contract is sold (see *Appendix F: Financial Intermediary Variations* in the statutory prospectus).

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**Standard Benefits Table** 

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Brief Description of Restrictions/Limitations** |
| Standard Death Benefit | Death benefit upon <br> death of Contract <br> Owner prior to <br> Annuitization<br>|  | &nbsp;&nbsp;&nbsp; ● Certain ownership changes and assignments could <br> reduce the death benefit<br> ● Nationwide may limit purchase payments to <br> $1,000,000<br> ● Death benefit calculation is adjusted if purchase <br> payments exceed $3,000,000<br>|
| Enhanced Surrender <br> Value for Terminal <br> Illness<br>| Early payment of death <br> benefit (applicable to <br> both standard and <br> optional death benefits)<br>|  | &nbsp;&nbsp;&nbsp; ● Benefit is available after the first Contract <br> Anniversary<br> ● Contract Owner, joint owner, or Annuitant in the <br> case of a Non-Natural Contract Owner must be <br> diagnosed with a Terminal Illness<br> ● Requires full surrender of the contract<br> ● Restrictions exist on the parties named to the <br> contract<br>|
| Asset Rebalancing (see <br> *Contract Owner* <br> *Services* in the statutory <br> prospectus)<br>| Automatic reallocation <br> of assets on a <br> predetermined <br> percentage basis<br>|  | &nbsp;&nbsp;&nbsp; ● Assets in the Fixed Account are excluded from the <br> program<br>|
| Dollar Cost Averaging <br> (see *Contract Owner* <br> *Services* in the statutory <br> prospectus)<br>| Long-term transfer <br> program involving <br> automatic transfer of <br> assets<br>|  | &nbsp;&nbsp;&nbsp; ● Transfers are only permitted from the Fixed Account <br> and a limited number of subaccounts<br> ● Transfers may not be directed to the Fixed Account<br> ● Transfers from the Fixed Account must be equal to <br> or less than 1/30th of the Fixed Account value at <br> the time the program is requested<br>|
| Enhanced Fixed <br> Account Dollar Cost <br> Averaging (see *Contract* <br> *Owner Services* in the <br> statutory prospectus)<br>| Long-term transfer <br> program involving <br> automatic transfer of <br> Fixed Account <br> allocations with higher <br> interest crediting rate<br>|  | &nbsp;&nbsp;&nbsp; ● Transfers are only permitted from the Fixed Account<br> ● Only new purchase payments to the contract are <br> eligible for the program<br> ● Transfers may not be directed to the Fixed Account<br>|
| Dollar Cost Averaging <br> for Living Benefits (see <br> *Contract Owner* <br> *Services* in the statutory <br> prospectus)<br>| Long-term transfer <br> program involving <br> automatic transfer of <br> assets<br>|  | &nbsp;&nbsp;&nbsp; ● Only available for contracts that elect a living <br> benefit<br> ● Transfers are only permitted from the Fixed Account<br> ● Only new purchase payments to the contract are <br> eligible for the program<br> ● Only those investment options available with the <br> elected living benefit are eligible for the program<br> ● Once elected, no transfers among or between <br> subaccounts are permitted until the program is <br> completed or terminated<br>|
| Fixed Account Interest <br> Out Dollar Cost <br> Averaging (see *Contract* <br> *Owner Services* in the <br> statutory prospectus)<br>| Automatic transfer of <br> interest earned on Fixed <br> Account allocations<br>|  | ● Transfers may not be directed to the Fixed Account |
| Systematic Withdrawals <br> (see *Contract Owner* <br> *Services* in the statutory <br> prospectus)<br>| Automatic withdrawals <br> of Contract Value on a <br> periodic basis<br>|  | ● Withdrawals must be at least $100 each |
| Custom Choice Asset <br> Rebalancing Service <br> (see *Contract Owner* <br> *Services* in the statutory <br> prospectus)<br>| Customizable asset <br> allocation tool with <br> automatic reallocation <br> on a periodic basis<br>|  | &nbsp;&nbsp;&nbsp; ● Only available for contracts that elect Nationwide <br> Lifetime Income Rider Plus Core<br> ● During the program, cannot participate in other <br> asset allocation or asset rebalancing programs<br> ● Allocation limitations exist based on asset class<br>|

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Brief Description of Restrictions/Limitations** |
| Static Asset Allocation <br> Portfolios (see *Contract* <br> *Owner Services* in the <br> statutory prospectus)<br>| Preset asset allocation <br> portfolios with periodic <br> rebalancing<br>| None | &nbsp;&nbsp;&nbsp; ● Only available for contracts that elect a living <br> benefit<br> ● The entire Contract Value must be allocated to the <br> elected portfolio<br>|

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**Optional Benefits Table** 

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Current Fee** | **Brief Description of Restrictions/**<br> **Limitations**<br>|
| Highest Anniversary <br> Value Death Benefit<br>| Enhanced Death <br> Benefit<br>| 0.20% (Daily <br> Net Assets)<br>| 0.20% (Daily <br> Net Assets)<br>| &nbsp;&nbsp;&nbsp; ● Owner(s) or Annuitant(s) in the case <br> of a Non-Natural Contract Owner <br> must be 75 or younger at application<br> ● May not be elected if Nationwide <br> Lifetime Income Rider Plus Core is <br> elected<br> ● Must be elected at application<br> ● Election is irrevocable<br> ● Not available for beneficially owned <br> contract<br> ● Current charge could change<br> ● Certain ownership changes and <br> assignments could reduce the death <br> benefit<br> ● Nationwide may limit purchase <br> payments to $1,000,000<br> ● Death benefit calculation is adjusted <br> if purchase payments exceed <br> $3,000,000<br>|
| Nationwide Lifetime <br> Income Rider Plus Core<br>| Guaranteed lifetime <br> income stream<br>| 1.50% <br> (Current <br> Income <br> Benefit <br> Base)<br>| 1.50% <br> (Current <br> Income <br> Benefit <br> Base)<br>| &nbsp;&nbsp;&nbsp; ● Must be elected at application<br> ● Election is irrevocable<br> ● Not available for beneficially owned <br> contracts<br> ● Investment limitations<br> ● Current charge could change<br> ● Nationwide may limit subsequent <br> purchase payments<br> ● Certain ownership changes and <br> assignments could terminate the <br> benefit<br> ● Determining life must be between 45 <br> and 85 at application<br> ● Determining life cannot be changed<br> ● Restrictions exist on the parties <br> named to the contract<br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Current Fee** | **Brief Description of Restrictions/**<br> **Limitations**<br>|
| Joint Option for the <br> Nationwide Lifetime <br> Income Rider Plus Core<br>| Extension of <br> guaranteed lifetime <br> income stream for <br> spouse<br>| 1.90% <br> (Current <br> Income <br> Benefit <br> Base)<br>| 1.60% <br> (Current <br> Income <br> Benefit <br> Base)<br>| &nbsp;&nbsp;&nbsp; ● Only available if the Nationwide <br> Lifetime Income Rider Plus Core <br> option is elected<br> ● Must be elected at application<br> ● Limitations on revocability<br> ● Only available to Contract Owner's <br> spouse<br> ● Both spouses must be between 45 <br> and 85 at application<br> ● Restrictions exist on the parties <br> named to the contract<br> ● Joint determining life cannot be <br> changed<br>|

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**Buying the Contract**

**Minimum Initial and Subsequent Purchase Payments**

All purchase payments must be paid in the currency of the United States of America. The minimum initial purchase payment is $10,000. A Contract Owner will meet the minimum initial purchase payment requirement if purchase payments equal to the required minimum are made over the course of the first Contract Year. The minimum subsequent purchase payment is $500. However, for subsequent purchase payments sent via electronic deposit, the minimum subsequent purchase payment is $100.

Some states have different minimum initial and subsequent purchase payment amounts, and subsequent purchase payments may not be permitted in all states. See *Appendix B: State Variations* in the statutory prospectus for information on initial and subsequent purchase payment requirements in a particular state.

Some optional benefits may restrict the Contract Owner's ability to make subsequent purchase payments.

**Nationwide reserves the right to refuse any purchase payment that would result in the cumulative total for all contracts issued by Nationwide or its affiliates or subsidiaries on the life of any one Annuitant or owned by any one Contract Owner to exceed $1,000,000.** Its decision as to whether or not to accept a purchase payment in excess of that amount will be based on one or more factors, including, but not limited to: age, spouse age (if applicable), Annuitant age, state of issue, total purchase payments, optional benefits elected, current market conditions, and current hedging costs. All such decisions will be based on internally established actuarial guidelines and will be applied in a non-discriminatory manner. In the event that Nationwide does not accept a purchase payment under these guidelines, the purchase payment will be immediately returned in its entirety in the same manner as it was received. If Nationwide accepts the purchase payment, it will be applied to the contract immediately and will receive the next calculated Accumulation Unit value. Any references in this prospectus to purchase payment amounts in excess of $1,000,000 are assumed to have been approved by Nationwide.

Nationwide prohibits subsequent purchase payments made after death of the Contract Owner(s), the Annuitant, or Co-Annuitant. If upon notification of death of the Contract Owner(s), the Annuitant, or Co-Annuitant, it is determined that death occurred prior to a subsequent purchase payment being made, Nationwide reserves the right to return the purchase payment.

**Dollar Limit Restrictions**

Certain features of the contract have additional purchase payment and/or Contract Value limitations associated with them:

*Annuitization.* Annuity payment options will be limited if the Contract Owner submits total purchase payments in excess of $2,000,000. Furthermore, if the amount to be annuitized is greater than $5,000,000, Nationwide may limit both the amount that can be annuitized on a single life and the annuity payment options (see *Annuity Payment Options* in the statutory prospectus).

*Death Benefit Calculations.* Purchase payments up to $3,000,000 may result in a higher death benefit payment than purchase payments in excess of $3,000,000 (see *Death Benefit Calculations* in the statutory prospectus).

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*Subsequent Purchase Payments.* If the Contract Owner elects the Nationwide Lifetime Income Rider Plus Core, Nationwide reserves the right to refuse any subsequent purchase payments.

**Application of Purchase Payments**

***Initial Purchase Payments***

Initial purchase payments will be priced at the Accumulation Unit value next determined no later than two business days after receipt of an order to purchase if the application and all necessary information are complete and are received at the Service Center before the close of regular trading on the New York Stock Exchange, which generally occurs at 4:00 p.m. EST. If the order is received after the close of regular trading on the New York Stock Exchange, the initial purchase payment will be priced within two business days after the next Valuation Date.

If an incomplete application is not completed within five business days after receipt at the Service Center, the prospective purchaser will be informed of the reason for the delay. The purchase payment will be returned unless the prospective purchaser specifically consents to allow Nationwide to hold the purchase payment until the application is completed.

***Subsequent Purchase Payments***

Any subsequent purchase payment received at the Service Center (along with all necessary information) before the close of regular trading on the New York Stock Exchange on any Valuation Date will be priced at the Accumulation Unit value next determined after receipt of the purchase payment. If a subsequent purchase payment is received at the Service Center (along with all necessary information) after the close of regular trading on the New York Stock Exchange, it will be priced at the Accumulation Unit value determined on the following Valuation Date.

**Making Withdrawals: Accessing the Money in Your Contract**

**Surrender/Withdrawal Prior to Annuitization**

Prior to annuitization and before the Contract Owner's death, Contract Owners may generally withdraw some or all of their Contract Value. Withdrawals from the contract may be subject to federal income tax and/or a tax penalty (see *Appendix C: Contract Types and Tax Information* in the statutory prospectus). Withdrawal requests may be submitted in writing or by telephone to the Service Center and Nationwide may require additional information. Requests submitted by telephone may be subject to dollar amount limitations and may be subject to payment and other restrictions to prevent fraud. Nationwide reserves the right to require written requests to be submitted on current Nationwide forms for withdrawals. Nationwide reserves the right to remove the ability to submit requests by telephone upon written notice. Contact the Service Center for current limitations and restrictions. When taking a full surrender, Nationwide may require that the contract accompany the request. Nationwide may require a signature guarantee. Withdrawals are subject to the CDSC provisions of the contract.

Surrender and withdrawal requests will receive the Accumulation Unit value next determined at the end of the current Valuation Period if the request and all necessary information is received at the Service Center before the close of regular trading on the New York Stock Exchange (generally, 4:00 pm EST). If the request and all necessary information is received after the close of regular trading on the New York Stock Exchange, the request will receive the Accumulation Unit value determined at the end of the next Valuation Day.

Nationwide will pay any amounts withdrawn from the Sub-Accounts within seven days after the request is received in good order at the Service Center (see *Determining the Contract Value* in the statutory prospectus). However, Nationwide may suspend or postpone payment when it is unable to price a purchase payment or transfer, or as permitted or required by federal securities laws and rules and regulations of the SEC.

Nationwide is required by state law to reserve the right to postpone payment or transfer of assets from the Fixed Account for a period of up to six months from the date of the withdrawal or transfer request.

**Surrender/Withdrawal After Annuitization**

After the Annuitization Date, withdrawals other than regularly scheduled annuity payments are not permitted.

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**Additional Information About Fees**

**The following tables describe the fees, expenses, and adjustments that a Contract Owner will pay when buying, owning, and surrendering or making withdrawals from an investment option or from the contract. Please refer to the contract specifications page for information about the specific fees the Contract Owner will pay each year based on the options elected.**

**The first table describes the fees and expenses a Contract Owner will pay at the time the Contract Owner buys the contract, surrenders or makes withdrawals from an investment option or from the contract, or transfers Contract Value between investment options. State premium taxes may also be deducted.** 

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| | |
|:---|:---|
| **Transaction Expenses** | **Transaction Expenses** |
| **Maximum Contingent Deferred Sales Charge** ("CDSC")<sup>1</sup> (as a percentage of purchase payments withdrawn) | 7% |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup>

When the Contract Owner makes a purchase payment, Nationwide assigns that purchase payment to a specific purchase payment tier for purposes of calculating the CDSC, determined by reference to the tiered schedule in the table below.

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Total Purchase Payments | CDSC Percentages (years refer to number of complete contract years since purchase payment made) | CDSC Percentages (years refer to number of complete contract years since purchase payment made) | CDSC Percentages (years refer to number of complete contract years since purchase payment made) | CDSC Percentages (years refer to number of complete contract years since purchase payment made) | CDSC Percentages (years refer to number of complete contract years since purchase payment made) | CDSC Percentages (years refer to number of complete contract years since purchase payment made) | CDSC Percentages (years refer to number of complete contract years since purchase payment made) | CDSC Percentages (years refer to number of complete contract years since purchase payment made) |
|  | Less than 1 <br> year<br>| 1 year but <br> less than 2 <br> years<br>| 2 years but <br> less than 3 <br> years<br>| 3 years but <br> less than 4 <br> years<br>| 4 years but <br> less than 5 <br> years<br>| 5 years but <br> less than 6 <br> years<br>| 6 years but <br> less than 7 <br> years<br>| 7 years or <br> more<br>|
| $0 to $49,999 | 7% | 6% | 6% | 5% | 4% | 3% | 2% | 0% |
| $50,000 to $99,999 | 6% | 5% | 5% | 4% | 3% | 2% | 1% | 0% |
| $100,000 to $249,999 | 5% | 4% | 4% | 3% | 2% | 2% | 1% | 0% |
| $250,000 to $499,999 | 4% | 3% | 3% | 2% | 2% | 1% | 1% | 0% |
| $500,000 to $999,999 | 3% | 2% | 2% | 2% | 1% | 1% | .50% | 0% |
| $1,000,000 or more | 2% | 1% | 1% | 1% | 1% | .50% | .50% | 0% |

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**The next table describes the fees and expenses that a Contract Owner will pay *each year* during the time that the Contract Owner owns the contract (not including underlying mutual fund fees and expenses). If an optional benefit is elected, an additional charge will be assessed, as shown below.** 

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| | |
|:---|:---|
| **Annual Contract Expenses** | **Annual Contract Expenses** |
| **Administrative Expense**<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp; $50 |
| **Base Contract Expenses**<sup>2</sup> (assessed as an annualized percentage of Daily Net Assets) | 0.90% |
| **Premium Based Sales Charge ("PBSC")**<sup>3</sup> (assessed quarterly as an annualized percentage of Purchase Payments) | 0.70% |
| **Optional Benefit Expenses**<sup>4</sup> <br>|  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Highest Anniversary Value Death Benefit Option Charge** (assessed as an annualized percentage of Daily Net <br> Assets)<br>| 0.20% |
| **Living Benefit Options** (assessed annually as a percentage of the Current Income Benefit Base<sup>5</sup>)  |  |
| **Maximum Nationwide Lifetime Income Rider Plus Core Charge** (single life) | 1.50%<sup>6</sup> <br>|
| **Maximum Joint Option for the Nationwide Lifetime Income Rider Plus Core Charge** | 1.90%<sup>7</sup> <br>|

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup>

Throughout the statutory prospectus, the Administrative Expense will be referred to as the Contract Maintenance Charge. On each contract's Contract Anniversary, Nationwide deducts the Contract Maintenance Charge if the Contract Value is less than $75,000 on such Contract Anniversary. This charge is permanently waived on a going-forward basis for any contracts valued at $75,000 or more on any Contract Anniversary.

<sup>2</sup>

Base Contract Expenses are comprised of (a) a Mortality and Expense Risk Charge equal to 0.80% annually of Daily Net Assets (b) an Administrative Charge equal to 0.10% annually of Daily Net Assets.

<sup>3</sup>

Each purchase payment is assigned its own PBSC, based on the total purchase payments made to the contract since the contract issue date (including the current purchase payment). Withdrawals made after a purchase payment is assigned a PBSC will not change the PBSC assigned to that purchase payment (see *Charges and Adjustments* in the statutory prospectus).

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The PBSC percentage charges are as follows:

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| | |
|:---|:---|
| **Total Purchase Payments** | **Premium Based Sales Charge** |
| $0 to $49,999  | 0.70% |
| $50,000 to $99,999  | 0.64% |
| $100,000 to $249,999  | 0.50% |
| $250,000 to $499,999  | 0.35% |
| $500,000 to $999,999  | 0.25% |
| $1,000,000 or more  | 0.15% |

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<sup>4</sup>

Unless otherwise indicated, charges for optional benefits are only assessed prior to the Annuitization Date (see *Charges and Adjustments* in the statutory prospectus).

<sup>5</sup>

For information about how the Current Income Benefit Base is calculated, see *Nationwide Lifetime Income Rider Plus Core* in the statutory prospectus.

<sup>6</sup>

Currently, the charge associated with the Nationwide Lifetime Income Rider Plus Core is equal to 1.50% of the Current Income Benefit Base.

<sup>7</sup>

Currently, the charge associated with the Joint Option for the Nationwide Lifetime Income Rider Plus Core is equal to 1.60% of the Current Income Benefit Base.

**The next item shows the minimum and maximum total operating expenses charged by the underlying mutual funds that the Contract Owner may pay periodically during the life of the contract. Expenses shown may change over time and may be higher or lower in the future. A complete list of the underlying mutual funds available under the contract, including their annual expenses, may be found in *Appendix: Investment Options Available Under the Contract*.** 

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| | | |
|:---|:---|:---|
| **Annual Underlying Mutual Fund Expenses** | **Annual Underlying Mutual Fund Expenses** | **Annual Underlying Mutual Fund Expenses** |
|  | **Minimum** | **Maximum** |
| (Expenses that are deducted from underlying mutual fund assets, including <br> management fees, distribution and/or service (12b-1) fees, and other expenses, as a <br> percentage of average underlying mutual fund net assets.)<br>| 0.41% | 1.49% |

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**Example**

**This Example is intended to help Contract Owners compare the cost of investing in the Sub-Accounts with the cost of investing in other annuity contracts that offer variable investment options. These costs include transaction expenses, annual contract expenses, and annual underlying mutual fund expenses. This Example assumes all Contract Value is allocated to the Sub-Accounts. Costs could differ from those shown below if Contract Value is allocated to the Fixed Account.**

The Example assumes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a $100,000 investment in the contract for the time periods indicated; <sup>1</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a 5% return each year;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the maximum and the minimum annual underlying mutual fund expenses;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Variable Account charges that reflect the most expensive combination of optional benefits available for an additional charge (3.50%).<sup>2</sup> Specifically:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Highest Anniversary Death Benefit Option, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Joint Option for the Nationwide Lifetime Income Rider Plus Core.

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Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **If the contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the contract is annuitized**<br> **at the end of the applicable**<br> **time period**  | **If the contract is annuitized**<br> **at the end of the applicable**<br> **time period**  | **If the contract is annuitized**<br> **at the end of the applicable**<br> **time period**  | **If the contract is not**<br> **surrendered** | **If the contract is not**<br> **surrendered** | **If the contract is not**<br> **surrendered** | **If the contract is not**<br> **surrendered** |
|  | **1 Yr.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** | **1 Yr.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** |
| &nbsp;&nbsp;&nbsp; Maximum<br> Annual<br> Underlying<br> Mutual Fund<br> Expenses<br> (1.49%)<br>| &nbsp;&nbsp; $5240<br>| &nbsp;&nbsp; $15681<br>| &nbsp;&nbsp; $26072<br>| &nbsp;&nbsp; $50362<br>&nbsp;&nbsp; \*<br>| &nbsp;&nbsp; $15681<br>| &nbsp;&nbsp; $26072<br>| &nbsp;&nbsp; $50362<br>| &nbsp;&nbsp; $5240<br>| &nbsp;&nbsp; $15681<br>| &nbsp;&nbsp; $26072<br>| &nbsp;&nbsp; $50362<br>|
| &nbsp;&nbsp;&nbsp; Minimum Annual <br> Underlying <br> Mutual Fund <br> Expenses <br> (0.41%)<br>| &nbsp;&nbsp; $1901<br>| &nbsp;&nbsp; $5880<br>| &nbsp;&nbsp; $10110<br>| &nbsp;&nbsp; $19903<br>&nbsp;&nbsp; \*<br>| &nbsp;&nbsp; $5880<br>| &nbsp;&nbsp; $10110<br>| &nbsp;&nbsp; $19903<br>| &nbsp;&nbsp; $1901<br>| &nbsp;&nbsp; $5880<br>| &nbsp;&nbsp; $10110<br>| &nbsp;&nbsp; $19903 |

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\*

The contracts sold under this prospectus do not permit annuitization during the first two Contract Years.

<sup>1</sup>

The base contract expenses may be higher or lower depending on whether the purchase payments used to calculate the Premium Based Sales Charge are higher or lower than the Daily Net Assets. For purposes of this table, Nationwide assumes purchase payments are equal to the Daily Net Assets.

<sup>2</sup>

The total Variable Account charges associated with the most expensive allowable combination of optional benefits may be higher or lower depending on whether the Current Income Benefit Base is higher or lower than the Daily Net Assets. For purposes of this table, Nationwide assumes the Current Income Benefit Base is equal to the Daily Net Assets.

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**Appendix: Investment Options Available Under the Contract**

**Underlying Mutual Funds**

The following is a list of underlying mutual funds available under the contract. More information about the underlying mutual funds is available in the prospectuses for the underlying mutual funds, which may be amended from time to time and can be found online at https://nationwide.onlineprospectus.net/NW/C000231088NW/index.php. This information can also be obtained at no cost by calling 1-800-848-6331 or by sending an email request to FLSS@nationwide.com. Depending on the optional benefits chosen, access to certain underlying mutual funds may be limited. The availability of investment options may vary depending on the broker-dealer through which the contract is sold (see *Appendix F: Financial Intermediary Variations* in the statutory prospectus).

The current expenses and performance information below reflects fees and expenses of the underlying mutual funds, but do not reflect the other fees and expenses that the contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each underlying mutual fund's past performance is not necessarily an indication of future performance.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **AllianceBernstein Variable Products Series Fund, Inc. - AB** <br> **VPS Discovery Value Portfolio: Class B**<br> Investment Advisor: AllianceBernstein L.P.<br>| 1.07% | 2.64% | 8.48% | 8.27% |
| Equity | &nbsp;&nbsp; **American Funds Insurance Series® - New World Fund®: Class** <br> **4**<br> Investment Advisor: Capital Research and Management Company<br>| 1.07%\* | 27.93% | 5.06% | 8.98% |
| Fixed Income | &nbsp;&nbsp; **American Funds Insurance Series® - U.S. Government** <br> **Securities Fund: Class 4**<br> Investment Advisor: Capital Research and Management Company<br>| 0.75%\* | 7.54% | -0.49% | 1.45% |
| Equity | &nbsp;&nbsp; **American Funds Insurance Series® - Washington Mutual** <br> **Investors Fund: Class 4**<br> Investment Advisor: Capital Research and Management Company<br>| 0.75%\* | 16.90% | 13.60% | 12.08% |
| Fixed Income | &nbsp;&nbsp; **BlackRock Variable Series Funds II, Inc. - BlackRock High** <br> **Yield V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br> Sub-Advisor: BlackRock International Limited<br>| 0.78%\* | 8.52% | 4.47% | 6.02% |
| Fixed Income | &nbsp;&nbsp; **BlackRock Variable Series Funds II, Inc. - BlackRock Total** <br> **Return V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br> Sub-Advisor: BlackRock International Limited and BlackRock <br> (Singapore) Limited<br>| 0.74%\* | 7.14% | -0.75% | 1.82% |
| Allocation | &nbsp;&nbsp; **BlackRock Variable Series Funds, Inc. - BlackRock 60/40** <br> **Target Allocation ETF V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br>| 0.58%\* | 15.37% | 7.05% | 8.45% |
| Equity | &nbsp;&nbsp; **BlackRock Variable Series Funds, Inc. - BlackRock Capital** <br> **Appreciation V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br>| 1.04%\* | 11.77% | 10.50% | 15.32% |
| Allocation | &nbsp;&nbsp; **BlackRock Variable Series Funds, Inc. - BlackRock Global** <br> **Allocation V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br> Sub-Advisor: BlackRock International Limited and BlackRock <br> (Singapore) Limited<br>| 1.01%\* | 19.51% | 5.51% | 7.33% |
| Fixed Income | &nbsp;&nbsp; **Columbia Funds Variable Series Trust II - Columbia Variable** <br> **Portfolio - High Yield Bond Fund: Class 2**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 0.89%\* | 8.49% | 3.93% | 5.51% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **Columbia Funds Variable Series Trust II - Columbia Variable** <br> **Portfolio - Select Mid Cap Growth Fund: Class 2**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 1.07%\* | 14.86% | 7.26% | 11.89% |
| Equity | &nbsp;&nbsp; **Delaware VIP Trust - Nomura VIP Small Cap Value Series:** <br> **Service Class**<br> Investment Advisor: Delaware Management Company, a series of <br> Nomura Investment Management Business Trust (a Delaware <br> statutory trust)<br>| 1.04% | 7.83% | 8.93% | 8.84% |
| Allocation | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Balanced** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.66% | 14.96% | 9.24% | 10.84% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Contrafund®** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.79% | 21.19% | 15.08% | 15.49% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Disciplined** <br> **Small Cap Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br>| 0.57% | 17.09% | 10.09% | 10.31% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Equity-Income** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.71% | 18.75% | 12.23% | 11.32% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Growth &** <br> **Income Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.72% | 21.21% | 15.83% | 13.56% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Growth** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.80% | 14.61% | 13.41% | 17.15% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP International** <br> **Capital Appreciation Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FIL Investment Advisors, FIL Investment Advisors <br> (UK) Limited, FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 1.02% | 18.36% | 5.99% | 9.53% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Fixed Income | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Investment** <br> **Grade Bond Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.62% | 6.93% | -0.21% | 2.45% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Overseas** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FIL Investment Advisors, FIL Investment Advisors <br> (UK) Limited, FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.97% | 20.05% | 6.35% | 7.66% |
| Fixed Income | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Strategic** <br> **Income Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FIL Investment Advisors, FIL Investment Advisors <br> (UK) Limited, FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.88% | 8.58% | 2.79% | 4.40% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Value** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, Fidelity <br> Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.70% | 10.95% | 12.82% | 10.96% |
| Fixed Income | &nbsp;&nbsp; **Invesco - Invesco V.I. Core Plus Bond Fund: Series II Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.87%\* | 6.96% | -0.36% | 2.73% |
| Equity | &nbsp;&nbsp; **Invesco - Invesco V.I. Discovery Mid Cap Growth Fund: Series** <br> **II**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 1.11% | 4.53% | 3.64% | 11.10% |
| Equity | &nbsp;&nbsp; **Invesco - Invesco V.I. Diversified Dividend Fund: Series II** <br> **Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 0.93% | 15.44% | 10.53% | 8.93% |
| Equity | &nbsp;&nbsp; **Invesco - Invesco V.I. Global Fund: Series II**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 1.06% | 15.01% | 7.01% | 10.72% |
| Fixed Income | &nbsp;&nbsp; **Invesco - Invesco V.I. High Yield Fund: Series II Shares**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 1.17% | 6.35% | 3.40% | 4.55% |
| Equity | &nbsp;&nbsp; **Invesco - Invesco V.I. Main Street Small Cap Fund: Series II**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 1.09% | 8.44% | 8.07% | 10.31% |
| Fixed Income | &nbsp;&nbsp; **Janus Aspen Series - Janus Henderson Flexible Bond** <br> **Portfolio: Service Shares**<br> Investment Advisor: Janus Henderson Investors US LLC<br>| 0.82%\* | 7.22% | -0.47% | 2.07% |
| Fixed Income | &nbsp;&nbsp; **Lord Abbett Series Fund, Inc. - Total Return Portfolio: Class** <br> **VC**<br> Investment Advisor: Lord, Abbett & Co. LLC<br>| 0.71% | 7.19% | 0.07% | 2.28% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust - MFS Growth Series: Service** <br> **Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 0.98%\* | 11.90% | 10.82% | 15.31% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust - MFS Mid Cap Growth Series:** <br> **Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.06%\* | 3.40% | 3.03% | 11.32% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust - MFS New Discovery Series:** <br> **Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.12%\* | 12.56% | -0.54% | 10.46% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust - MFS Value Series: Service** <br> **Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 0.94%\* | 12.77% | 9.69% | 9.77% |
| Fixed Income | &nbsp;&nbsp; **MFS® Variable Insurance Trust II - MFS Corporate Bond** <br> **Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 0.88%\* | 7.30% | -0.32% | 3.06% |
| Fixed Income | &nbsp;&nbsp; **MFS® Variable Insurance Trust II - MFS Income Portfolio:** <br> **Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 0.92%\* | 7.09% | 0.41% | 3.33% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust II - MFS Research International** <br> **Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.15%\* | 21.75% | 5.25% | 7.27% |
| Fixed Income | &nbsp;&nbsp; **MFS® Variable Insurance Trust III - MFS Limited Maturity** <br> **Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 0.73%\* | 5.49% | 2.29% | 2.44% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust III - MFS Mid Cap Value** <br> **Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.04%\* | 5.75% | 9.90% | 9.69% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Asset Allocation Fund: Class II**<br> Investment Advisor: Capital Research and Management Company, <br> Nationwide Fund Advisors<br>| 0.92%\* | 15.41% | 8.56% | 9.36% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Bond Fund: Class II**<br> Investment Advisor: Capital Research and Management Company, <br> Nationwide Fund Advisors<br>| 0.85%\* | 6.73% | -0.54% | 1.96% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Global Growth Fund: Class II**<br> Investment Advisor: Capital Research and Management Company, <br> Nationwide Fund Advisors<br>| 1.04%\* | 21.21% | 7.82% | 11.73% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Growth Fund: Class II**<br> Investment Advisor: Capital Research and Management Company, <br> Nationwide Fund Advisors<br>| 0.97%\* | 19.78% | 12.94% | 17.52% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Growth-Income Fund: Class II**<br> Investment Advisor: Capital Research and Management Company, <br> Nationwide Fund Advisors<br>| 0.91%\* | 17.64% | 13.48% | 13.48% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT BlackRock Equity** <br> **Dividend Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 1.05%\* | 21.10% | 11.24% | 11.09% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Aggressive Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.99%\* | 18.45% | 10.71% | 10.40% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint® Capital** <br> **Appreciation Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.90%\* | 14.94% | 8.14% | 8.51% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Moderate Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Nationwide Asset Management, LLC<br>| 0.89%\* | 13.52% | 7.12% | 7.62% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Moderately Aggressive Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.95%\* | 16.43% | 9.35% | 9.45% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Fidelity** <br> **Institutional AM® Worldwide Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: FIAM LLC<br>| 1.05%\* |  |  |  |
| Capital Preservation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Government** <br> **Money Market Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Federated Investment Management Company<br>| 0.47% | 3.91% | 2.95% | 1.85% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT International** <br> **Equity Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Lazard Asset Management LLC<br>| 1.13%\* | 38.97% | 12.52% | 9.67% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT International Index** <br> **Fund: Class VIII**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.82%\* | 30.28% | 8.12% | 7.50% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Invesco Small Cap** <br> **Growth Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Invesco Advisers, Inc.<br>| 1.32% | 16.08% | 4.69% | 11.45% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT iShares® Global** <br> **Equity ETF Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.75%\* | 18.00% | 10.86% |  |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT J.P. Morgan** <br> **Inflation Managed Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: J.P. Morgan Investment Management Inc.<br>| 0.75%\* |  |  |  |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT J.P. Morgan U.S.** <br> **Equity Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: J.P. Morgan Investment Management Inc.<br>| 0.94% | 14.09% | 13.02% |  |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Loomis Core Bond** <br> **Fund: Class P**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Loomis, Sayles & Company, L.P.<br>| 0.68% | 6.79% | -0.86% | 1.98% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Loomis Short** <br> **Term High Yield Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Loomis, Sayles & Company, L.P.<br>| 0.87%\* | 5.66% | 3.26% | 5.38% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Mid Cap Index** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.41% | 7.05% | 8.70% | 10.28% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Multi-Manager** <br> **Small Company Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Jacobs Levy Equity Management, Inc. and Invesco <br> Advisers, Inc.<br>| 1.30%\* | 10.05% | 8.34% | 10.72% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT NASDAQ-100** <br> **Index Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.72%\* |  |  |  |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Putnam** <br> **International Value Fund: Class Z**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Putnam Investment Management, LLC<br>| 1.08%\* | 34.95% | 10.90% | 7.45% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Real Estate Fund:** <br> **Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Wellington Management Company LLP<br>| 1.17%\* | 0.33% | 5.43% | 5.75% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT S&P 500 Index** <br> **Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.49%\* | 17.35% | 13.87% | 14.26% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Small Cap Index** <br> **Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.58%\* | 12.14% | 5.54% | 9.10% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Small Cap Value** <br> **Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Jacobs Levy Equity Management, Inc.<br>| 1.31%\* | 1.87% | 7.70% | 7.41% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Victory Mid Cap** <br> **Value Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Victory Capital Management Inc.<br>| 0.96%\* | 2.30% | 7.79% | 7.55% |
| Fixed Income | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - Income Portfolio: Advisor** <br> **Class**<br> Investment Advisor: PIMCO<br>| 1.02% | 10.08% | 3.31% |  |
| Fixed Income | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - Real Return Portfolio:** <br> **Advisor Class**<br> Investment Advisor: PIMCO<br>| 1.49% | 7.74% | 1.11% | 3.11% |
| Fixed Income | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - Short-Term Portfolio:** <br> **Advisor Class**<br> Investment Advisor: PIMCO<br>| 0.75% | 4.57% | 3.14% | 2.65% |
| Equity | &nbsp;&nbsp; **Putnam Variable Trust - Putnam VT International Equity Fund:** <br> **Class IB**<br> Investment Advisor: Putnam Investment Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., Franklin Templeton Investment <br> Management Limited, The Putnam Advisory Company, LLC<br>| 1.06% | 37.68% | 9.28% | 8.13% |
| Equity | &nbsp;&nbsp; **Putnam Variable Trust - Putnam VT Large Cap Value Fund:** <br> **Class IB**<br> Investment Advisor: Putnam Investment Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., Franklin Templeton Investment <br> Management Limited<br>| 0.79% | 20.35% | 15.38% | 13.30% |
| Equity | &nbsp;&nbsp; **T. Rowe Price Equity Series, Inc. - T. Rowe Price All-Cap** <br> **Opportunities Portfolio**<br> Investment Advisor: T. Rowe Price Associates, Inc.<br>| 0.80%\* | 16.30% | 12.22% | 16.93% |
| Equity | &nbsp;&nbsp; **T. Rowe Price Equity Series, Inc. - T. Rowe Price Blue Chip** <br> **Growth Portfolio: II**<br> Investment Advisor: T. Rowe Price Associates, Inc.<br>| 1.00% | 18.43% | 11.41% | 15.25% |

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\*

This underlying mutual fund's current expenses reflect a temporary fee reduction.

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**Fixed Options**

The following is a list of fixed options currently available under the contract. To the extent permitted under the contract, Nationwide may change the features of a fixed option, offer new fixed options, and terminate existing fixed options. Nationwide will provide you with written notice before doing so. Depending on the optional benefits chosen, access to a fixed option may not be permitted. See *The Fixed Account* in the statutory prospectus for additional information.

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| |
|:---|
| **Name** |
| Fixed Account<br> 1 year<sup>1</sup> <br>0.10%<sup>2</sup> <br>|

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<sup>1</sup>

The Fixed Account interest rate guarantee period begins on the date of deposit or transfer and ends on the one-year anniversary of the deposit or transfer. The guaranteed interest rate period may last for up to three months beyond the one-year anniversary because guaranteed terms end on the last day of a calendar quarter. As a result, an interest rate guarantee period may last up to 15 months.

<sup>2</sup>

Contracts may be subject to a higher minimum guaranteed interest rate based on the date the contract was issued and/or state of issue.

Nationwide reserves the right to limit the amount that can be transferred from the Fixed Account at the end of an interest rate guarantee period. Nationwide will provide you with written notice before doing so.

**Income Benefit Investment Options**

Certain optional benefits restrict how the Contract Owner can invest their Contract Value by limiting the investment options in which the Contract Owner can invest and/or requiring use of a specified asset allocation service. The investment options available under each optional living benefit are chosen by Nationwide based on each investment option's risk characteristics. The permitted investment options are more conservative than those that are not permitted. This helps Nationwide manage its obligation to provide Contract Owners with Lifetime Withdrawals by reducing the likelihood that it will have to make unanticipated payments. By electing an optional living benefit and accepting the limited menu of investment options, Contract Owners may be foregoing investment gains that could otherwise be realized by investing in riskier investment options that are not available under the optional living benefit. Only the investment options shown below are available in connection with the respective optional benefit. Please note, except as the originating account when the Contract Owner elects Dollar Cost Averaging for Living Benefits, allocation to the Fixed Account is not permitted when the Nationwide Lifetime Income Rider Plus Core is elected.

**Nationwide Lifetime Income Rider Plus Core**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Nationwide Variable Insurance Trust - NVIT Blueprint® Moderate Fund: Class II

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - American Funds 70% Option (25% NVIT American Funds Asset Allocation Fund, 20% NVIT American Funds Bond Fund, 20% NVIT American Funds Growth-Income Fund, 15% NVIT American Funds Growth Fund, and 20% NVIT American Funds Global Growth Fund)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - American Funds 80% Option (25% NVIT American Funds Asset Allocation Fund, 10% NVIT American Funds Bond Fund, 25% NVIT American Funds Growth-Income Fund, 15% NVIT American Funds Growth Fund, and 25% NVIT American Funds Global Growth Fund)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - BlackRock 60% Option (25% NVIT BlackRock Equity Dividend Fund, 20% BlackRock Global Allocation V.I. Fund, 10% BlackRock Capital Appreciation V.I. Fund, 20% BlackRock 60/40 Target Allocation V.I. Fund, and 25% BlackRock Total Return V.I. Fund)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - Fidelity 80% Option (23% Fidelity VIP Growth, 22% Fidelity VIP Equity-Income, 10% Fidelity VIP Value, 10% Fidelity VIP Discp Small Cap, 15% Fidelity VIP Intl Capital Appreciation, 10% Fidelity VIP Investment Grade Bond Portfolio, and 10% Fidelity VIP Strategic Income)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - Invesco 70% Option (25% Invesco VI Diversified Dividend, 25% Invesco V.I. Global Fund, 20% Invesco VI Discovery Mid Cap Growth Fund, 25% Invesco VI Core Plus Bond Fund, and 5% Invesco V.I. High Yield Fund)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - MFS 60% Option (25% MFS VIT Value, 25% MFS VIT Growth, 10% MFS VIT II Research International, 15% MFS VIT II Corporate Bond, and 25% MFS VIT II Income)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - Multi-Manager 60% Option (20% NVIT JPMorgan US Equity Fund, 5% MFS VIT Growth Fund, 20% American Funds IS Washington Mutual Fund, 5% MFS VIT II Research International Fund, 20% Lord Abbett Series Total Return Fund, 20% Fidelity VIP Investment Grade Bond Fund, and 10% American Funds IS New World Fund)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - Multi-Manager 70% Option (20% NVIT JPMorgan US Equity Fund, 10% MFS VIT Growth Fund, 20% American Funds IS Washington Mutual Fund, 10% MFS VIT II Research International Fund, 15% Lord Abbett Series Total Return Fund, 15% Fidelity VIP Investment Grade Bond Fund, and 10% American Funds IS New World Fund)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Static Asset Allocation Portfolio - Multi-Manager 80% Option (20% NVIT JPMorgan US Equity Fund, 20% MFS VIT Growth Fund, 20% American Funds IS Washington Mutual Fund, 10% MFS VIT II Research International Fund, 10% Lord Abbett Series Total Return Fund, 10% Fidelity VIP Investment Grade Bond Fund, and 10% American Funds IS New World Fund)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Custom Choice Asset Rebalancing Service

**Custom Choice Asset Rebalancing Service Investment Options**

Contract Owners who elect to participate in the Custom Choice Asset Rebalancing Service are limited to only the investment options shown below. Allocations must meet the required minimum and maximum thresholds within each group. These tables disclose only the Sub-Accounts that currently comprise Groups A and B, and the current allocation limitations.

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| | |
|:---|:---|
|  | &nbsp;&nbsp; **Nationwide Lifetime Income**<br> **Rider Plus Core Option**<br>|
| Group A | 40% - 100% |
| Group B | 0% - 60% |
| Total | 100% |

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The following table indicates the investment options (designated with an "X") that are available in each group:

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| | | |
|:---|:---|:---|
| **Underlying Mutual Fund** | **Group A** | **Group B** |
| AllianceBernstein Variable Products Series Fund, Inc. - AB VPS Discovery Value Portfolio: Class B |  | X |
| American Funds Insurance Series® - New World Fund®: Class 4 |  | X |
| American Funds Insurance Series® - U.S. Government Securities Fund: Class 4 | X |  |
| American Funds Insurance Series® - Washington Mutual Investors Fund: Class 4 |  | X |
| BlackRock Variable Series Funds II, Inc. - BlackRock High Yield V.I. Fund: Class III |  | X |
| BlackRock Variable Series Funds II, Inc. - BlackRock Total Return V.I. Fund: Class III | X |  |
| BlackRock Variable Series Funds, Inc. - BlackRock 60/40 Target Allocation ETF V.I. Fund: Class III |  | X |
| BlackRock Variable Series Funds, Inc. - BlackRock Capital Appreciation V.I. Fund: Class III |  | X |
| BlackRock Variable Series Funds, Inc. - BlackRock Global Allocation V.I. Fund: Class III |  | X |
| Columbia Funds Variable Series Trust II - Columbia Variable Portfolio - High Yield Bond Fund: Class <br> 2<br>|  | X |
| Columbia Funds Variable Series Trust II - Columbia Variable Portfolio - Select Mid Cap Growth Fund: <br> Class 2<br>|  | X |
| Delaware VIP Trust - Nomura VIP Small Cap Value Series: Service Class |  | X |
| Fidelity Variable Insurance Products Fund - VIP Balanced Portfolio: Service Class 2 |  | X |
| Fidelity Variable Insurance Products Fund - VIP Contrafund® Portfolio: Service Class 2 |  | X |
| Fidelity Variable Insurance Products Fund - VIP Disciplined Small Cap Portfolio: Service Class 2 |  | 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 |
| Fidelity Variable Insurance Products Fund - VIP Growth Portfolio: Service Class 2 |  | X |
| Fidelity Variable Insurance Products Fund - VIP International Capital Appreciation Portfolio: Service <br> Class 2<br>|  | 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 |
| Fidelity Variable Insurance Products Fund - VIP Strategic Income Portfolio: Service Class 2 | X |  |

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| | | |
|:---|:---|:---|
| **Underlying Mutual Fund** | **Group A** | **Group B** |
| Fidelity Variable Insurance Products Fund - VIP Value Portfolio: Service Class 2 |  | X |
| Invesco - Invesco V.I. Core Plus Bond Fund: Series II Shares | X |  |
| Invesco - Invesco V.I. Discovery Mid Cap Growth Fund: Series II |  | X |
| Invesco - Invesco V.I. Diversified Dividend Fund: Series II Shares |  | X |
| Invesco - Invesco V.I. Global Fund: Series II |  | X |
| Invesco - Invesco V.I. High Yield Fund: Series II Shares |  | X |
| Invesco - Invesco V.I. Main Street Small Cap Fund: Series II |  | X |
| Janus Aspen Series - Janus Henderson Flexible Bond Portfolio: Service Shares | X |  |
| Lord Abbett Series Fund, Inc. - Total Return Portfolio: Class VC | X |  |
| MFS® Variable Insurance Trust - MFS Growth Series: Service Class |  | X |
| MFS® Variable Insurance Trust - MFS Mid Cap Growth Series: Service Class |  | 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 Corporate Bond Portfolio: Service Class | X |  |
| MFS® Variable Insurance Trust II - MFS Income Portfolio: Service Class |  | X |
| MFS® Variable Insurance Trust II - MFS Research International Portfolio: Service Class |  | X |
| MFS® Variable Insurance Trust III - MFS Limited Maturity Portfolio: Service Class | X |  |
| MFS® Variable Insurance Trust III - MFS Mid Cap Value Portfolio: Service Class |  | X |
| Nationwide Variable Insurance Trust - NVIT American Funds Asset Allocation 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 |
| 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 BlackRock Equity Dividend Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT Blueprint® Aggressive Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT Blueprint® Capital Appreciation Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT Blueprint® Moderate Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT Blueprint® Moderately Aggressive Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT Fidelity Institutional AM® Emerging Markets Fund: Class <br> II<br>| X |  |
| Nationwide Variable Insurance Trust - NVIT Fidelity Institutional AM® Worldwide Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT Government Money Market Fund: Class I | 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 iShares® Global Equity ETF Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT J.P. Morgan Inflation Managed Fund: Class II | X |  |
| Nationwide Variable Insurance Trust - NVIT J.P. Morgan U.S. Equity Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT Loomis Core Bond Fund: Class P | X |  |
| Nationwide Variable Insurance Trust - NVIT Loomis Short Term High Yield Fund: Class I | X |  |
| Nationwide Variable Insurance Trust - NVIT Mid Cap Index Fund: Class I |  | X |
| Nationwide Variable Insurance Trust - NVIT Multi-Manager Small Company Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT NASDAQ-100 Index Fund: Class II | X |  |
| Nationwide Variable Insurance Trust - NVIT Putnam International Value Fund: Class Z |  | X |
| Nationwide Variable Insurance Trust - NVIT Real Estate Fund: Class II |  | X |

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| | | |
|:---|:---|:---|
| **Underlying Mutual Fund** | **Group A** | **Group B** |
| 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 Small Cap Value Fund: Class II |  | X |
| Nationwide Variable Insurance Trust - NVIT Victory Mid Cap Value Fund: Class II |  | X |
| PIMCO Variable Insurance Trust - Income Portfolio: Advisor Class | X |  |
| PIMCO Variable Insurance Trust - Real Return Portfolio: Advisor Class |  | X |
| PIMCO Variable Insurance Trust - Short-Term Portfolio: Advisor Class | X |  |
| Putnam Variable Trust - Putnam VT International Equity Fund: Class IB |  | X |
| Putnam Variable Trust - Putnam VT Large Cap Value Fund: Class IB |  | X |
| T. Rowe Price Equity Series, Inc. - T. Rowe Price All-Cap Opportunities Portfolio |  | X |
| T. Rowe Price Equity Series, Inc. - T. Rowe Price Blue Chip Growth Portfolio: II |  | X |

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**Outside back cover page**

This summary prospectus incorporates by reference the statutory prospectus and Statement of Additional Information, both dated May 1, 2026, as amended or supplemented. The statutory prospectus and Statement of Additional Information may be obtained, free of charge, at https://nationwide.onlineprospectus.net/NW/C000231088NW/index.php.

Reports and other information about the Variable Account are available on the SEC's website at http://www.sec.gov. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.

SEC Contract Identifier: C000231088

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