# EDGAR Filing Document

**Accession Number:** 0000202713
**File Stem:** 0001193125-26-180941
**Filing Date:** 2026-4
**Character Count:** 44008
**Document Hash:** bc66b949b5bd64a5fbf87af2079cb9f3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-180941.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0001193125-26-180941

**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
- **CENTRAL INDEX KEY:** 0000202713

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

**FILING VALUES:**
- **FORM TYPE:** 497VPI
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-176908
- **FILM NUMBER:** 26898696

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** NATIONWIDE LIFE INSURANCE CO
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43216
- **BUSINESS PHONE:** 614-249-71

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

## Series and Classes Contracts Data

### NATIONWIDE VARIABLE ACCOUNT (Series ID: S000009003)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000107324 | Nationwide Destination Income Annuity |  |

**Nationwide Destination**<sup>SM</sup> **Income Annuity**

**Individual Single Premium Deferred Variable Annuity Contracts**

Issued by

**Nationwide Life Insurance Company**

through its

**Nationwide Variable Account**

**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/C000107324NW/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 taxes and tax penalties.

**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.

------

**Table of Contents**

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

---

| | |
|:---|:---|
|  | **Page** |
| **[Glossary of Special Terms](#xx_1258d14a-31ee-454b-b4a2-dc7017a85327_1)** | &nbsp;&nbsp; 3<br>|
| **[Overview of the Contract](#xx_a024fbcd-8d78-419d-bd5d-55a5d93b4e59_1)** | &nbsp;&nbsp; 5<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Purpose of the Contract](#xx_a024fbcd-8d78-419d-bd5d-55a5d93b4e59_1) | &nbsp;&nbsp; 5<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Phases of the Contract](#xx_a024fbcd-8d78-419d-bd5d-55a5d93b4e59_1) | &nbsp;&nbsp; 5<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Contract Features](#xx_a024fbcd-8d78-419d-bd5d-55a5d93b4e59_1) | &nbsp;&nbsp; 5<br>|
| **[Important Information You Should Consider About the Contract](#xx_c6367668-2d69-4319-97aa-98535e0344ee_1)** | &nbsp;&nbsp; 7<br>|
| **[Benefits Under the Contract](#xx_c6367668-2d69-4319-97aa-98535e0344ee_2)** | &nbsp;&nbsp; 8<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Standard Benefits Table](#xx_c6367668-2d69-4319-97aa-98535e0344ee_3) | &nbsp;&nbsp; 9<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Optional Benefits Table](#xx_c6367668-2d69-4319-97aa-98535e0344ee_3) | &nbsp;&nbsp; 9<br>|
| **[Buying the Contract](#xx_c6367668-2d69-4319-97aa-98535e0344ee_3)** | &nbsp;&nbsp; 9<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Minimum Initial and Subsequent Purchase Payments](#xx_c6367668-2d69-4319-97aa-98535e0344ee_3) | &nbsp;&nbsp; 9<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Dollar Limit Restrictions](#xx_c6367668-2d69-4319-97aa-98535e0344ee_4) | &nbsp;&nbsp; 10<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Application of Purchase Payments](#xx_c6367668-2d69-4319-97aa-98535e0344ee_4) | &nbsp;&nbsp; 10<br>|
| **[Making Withdrawals: Accessing the Money in Your Contract](#xx_c6367668-2d69-4319-97aa-98535e0344ee_4)** | &nbsp;&nbsp; 10<br>|
| **[Additional Information About Fees](#xx_29074162-c10c-45ce-a531-ca3be20d02f9_1)** | &nbsp;&nbsp; 11<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Example](#xx_29074162-c10c-45ce-a531-ca3be20d02f9_1) | &nbsp;&nbsp; 11<br>|
| **[Appendix: Investment Options Available Under the Contract](#xx_c0c87ca7-9499-430c-a26a-ae58924a0b6e_1)** | &nbsp;&nbsp; 13 |

---

------

**Glossary of Special Terms** 

---

| |
|:---|
| &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 and <br> Contract Owner must be the same person for contracts described in this prospectus. The Annuitant must be living on <br> the date the contract is issued.<br>|
| **Annuitization Date** – The date on which annuity payments begin. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Contingent Annuitant** – The individual who becomes the Annuitant if the Annuitant dies before the Annuitization <br> Date.<br>|
| **Contract Anniversary** – Each recurring one-year anniversary of the Contract Issue Date. |
| **Contract Issue Date** – The date the initial purchase payment is applied to the contract. |
| **Contract Owner(s)** – The person(s) who owns all rights under the contract.  |
| **Contract Value** – The value of all Accumulation Units in a contract. |
| **Contract Year** – Each year the contract is in force beginning with the Contract Issue Date. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Current Guaranteed Lifetime Withdrawal Base** – For purposes of Guaranteed Lifetime Withdrawals, the amount that <br> is multiplied by the Lifetime Withdrawal Percentage to arrive at the Guaranteed Lifetime Withdrawal Amount for any <br> given year.<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; **Guaranteed Lifetime Withdrawal Amount** – The guaranteed amount that a Contract Owner can withdraw from the <br> contract before the next Contract Anniversary without reducing the Guaranteed Lifetime Withdrawal Base. This <br> amount is non-cumulative, meaning that it cannot be carried over from one year to the next.<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>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Lifetime Withdrawal Percentage** – The percentage of the Current Guaranteed Lifetime Withdrawal Base that the <br> Contract Owner can withdraw from the contract each year without decreasing the Current Guaranteed Lifetime <br> Withdrawal Base.<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; **Original Guaranteed Lifetime Withdrawal Base** – The Contract Owner's benefit base under the Previous Plan which <br> is used to determine Guaranteed Lifetime Withdrawals under the contract.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Previous Plan** – A retirement plan in which the Contract Owner was invested before separating from service, and <br> which provides a right of conversion that preserves the plan's benefit.<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; **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, 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>|

---

------

**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 Annuitant 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 Annuitant, 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. **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. The Contract Owner also elects whether the annuity payments will be fixed or variable. If variable annuity payments are elected, the Annuitant controls the allocation/reallocation of annuitized assets among the available Sub-Accounts. 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. Guaranteed Lifetime Withdrawals will also terminate upon annuitization.

**Contract Features**

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

**Deposits to the Contract.** The contact is a single purchase payment annuity. Subsequent purchase payments are not permitted.

**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. After annuitization, withdrawals other than annuity payments are not permitted.

**Guaranteed Lifetime Withdrawals.** The contract offers Guaranteed Lifetime Withdrawals, which provide a guaranteed lifetime income stream for the Contract Owner.

**Death Benefit.** During the accumulation phase, the contract contains a standard death benefit (equal to the Contract Value) at no additional charge.

**Spousal Continuation Option.** The contract offers a Spousal Continuation Option, which allows a surviving spouse to continue to receive, for the duration of his/her lifetime, the benefit associated with the Guaranteed Lifetime Withdrawals.

------

**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 a service at no additional charge to assist Contract Owners in managing their contract, including:

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

------

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

---

| | |
|:---|:---|
| **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>| **No** |
| **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<br>1.70%<sup>1</sup> <br>1.73%<sup>1</sup> <br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | Underlying mutual fund fees and expenses<br>0.47%<sup>2</sup> <br>1.13%<sup>2</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; or for Guaranteed Lifetime Withdrawals, as a percentage of the <br> Current Guaranteed Lifetime Withdrawal Base, plus a percentage attributable to the <br> Contract Maintenance Charge.<br> <sup>2</sup> As a percentage of underlying mutual fund net assets. |
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; **Lowest Annual Cost Estimate:**<br> **$1,110.28** <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 additional purchase payments, transfers or <br> withdrawals<br>|

---

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

---

| | |
|:---|:---|
| **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>|
| **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> The benefit of tax deferral also means that the contract is more beneficial to investors with <br> a long time horizon (see *Principal Risks* 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 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 the contract is subject to the risks associated with Nationwide, including that <br> any obligations, guarantees, or benefits are subject to the claims-paying ability of <br> Nationwide. More information about Nationwide, including its financial strength ratings, is <br> available by contacting Nationwide at the address and/or toll-free phone number indicated <br> in *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> ● 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 E: Financial Intermediary Variations* in the <br> statutory prospectus).<br>|
| **Are There any** <br> **Restrictions on Contract** <br> **Benefits?**<br>| &nbsp;&nbsp;&nbsp; **Yes.**<br> ● The Spousal Continuation Option may not be available on all contract types and limits <br> who can be named as a party under the contract. See *Spousal Continuation Option* in <br> the statutory prospectus.<br> ● The availability of contract benefits may vary depending on the broker-dealer through <br> which the contract is sold (see *Appendix E: Financial Intermediary Variations* in the <br> 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> See *Appendix C: Contract Types and Tax Information* in the statutory prospectus*.*<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 one <br> (see *Replacements* and *Distribution, Promotional, and Sales Expenses* in the statutory <br> prospectus).<br>|

---

**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 E: Financial Intermediary Variations* in the statutory prospectus).

------

**Standard Benefits Table** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Current Fee** | **Brief Description of** <br> **Restrictions/Limitations**<br>|
| Standard Death Benefit | Death benefit upon <br> death of Annuitant prior <br> to Annuitization<br>|  |  | &nbsp;&nbsp;&nbsp; ● Certain ownership <br> changes and <br> assignments could <br> reduce the death <br> benefit<br> ● Nationwide may limit <br> purchase payments to <br> $1,000,000<br>|
| 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>|  |  | &nbsp;&nbsp;&nbsp; ● Withdrawals must be at <br> least $100 each<br>|
| Guaranteed Lifetime <br> Withdrawals<br>| Guaranteed lifetime <br> income stream<br>| 1.20% <br> (Current <br> Income <br> Benefit <br> Base)<br>| 1.00% (Current Income <br> Benefit Base)<br>| &nbsp;&nbsp;&nbsp; ● Current charge could <br> change<br>|
| Spousal Continuation <br> Option<br>| Second death benefit |  |  | &nbsp;&nbsp;&nbsp; ● Contract Owners who <br> previously elected the <br> Plan's spousal benefit <br> will automatically elect <br> this benefit<br>|

---

**Optional Benefits Table** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Current Fee** | **Brief Description of Restrictions/**<br> **Limitations**<br>|
| Spousal Continuation <br> Option<br>| Second death benefit |  |  | &nbsp;&nbsp;&nbsp; ● Limited availability<br> ● For contracts issued as an IRA or <br> Roth IRA, only the person for whom <br> the IRA or Roth IRA was established <br> may be named as the Contract <br> Owner<br> ● The spouse cannot be younger than <br> 40 or older than 90 when the <br> withdrawals begin<br> ● Spouse must be named as <br> Contingent Annuitant<br>|

---

**Buying the Contract**

**Minimum Initial and Subsequent Purchase Payments**

All purchase payments must be paid in the currency of the United States of America. There is no minimum initial purchase payment. However, a minimum Original Guaranteed Lifetime Withdrawal Base of $5,000 is required to purchase a contract. Subsequent purchase payments are not permitted under this contract.

**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.

**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).

**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***

Subsequent purchase payments are not permitted under this contract.

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

**Surrender/Withdrawal Prior to Annuitization**

Prior to annuitization and before the Annuitant'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.

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.

**Surrender/Withdrawal After Annuitization**

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

------

**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.**

**The first table describes the fees and expenses 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). State premium taxes may also be deducted.** 

---

| | |
|:---|:---|
| **Annual Contract Expenses** | **Annual Contract Expenses** |
| **Maximum Administrative Expense**<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp; $30 |
| &nbsp;&nbsp; **Base Contract Expenses**<sup>2</sup> (assessed as an annualized percentage of the Daily Net Assets or assessed annually as a <br> percentage of the Current Guaranteed Lifetime Withdrawal Base)<br>| 1.70% |

---

&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 Fee if the Contract Value is less than $50,000 on such Contract Anniversary. This charge is permanently waived on a going-forward basis for any contracts valued at $50,000 or more on any Contract Anniversary.

<sup>2</sup>

Throughout the statutory prospectus, the Base Contract Expenses will be referred to as Mortality and Expense Risk Fee, Administrative Fee, and Guaranteed Lifetime Withdrawal Fee, as appropriate. The Mortality and Expense Risk Fee and Administrative Fee are assessed as an annualized percentage of the Daily Net Assets, while the Guaranteed Lifetime Withdrawal Fee is assessed annually as a percentage of the Current Guaranteed Lifetime Withdrawal Base. Currently, the charge associated with the Guaranteed Lifetime Withdrawal Fee is equal to 1.00% of the Current Guaranteed Lifetime Withdrawal Base. The maximum Guaranteed Lifetime Withdrawal Fee is 1.20% of the Current Guaranteed Lifetime Withdrawal Base. For information about how the Current Guaranteed Lifetime Withdrawal Base is calculated, see *Guaranteed Lifetime Withdrawals* and *Spousal Continuation Option* in the statutory prospectus.

**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*.** 

---

| | | |
|:---|:---|:---|
| **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>| 0.47% | 1.13% |

---

**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.**

The Example assumes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a $100,000 investment in the contract for the time periods indicated;

&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;• the total Variable Account fees associated with the contract (1.90%);<sup>1</sup> and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Current Guaranteed Lifetime Withdrawal Base equals $100,000.

------

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

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **If the contract is surrendered**<br> **at the end of the**<br> **applicable time period** | **If the contract is surrendered**<br> **at the end of the**<br> **applicable time period** | **If the contract is surrendered**<br> **at the end of the**<br> **applicable time period** | **If the contract is surrendered**<br> **at the end of the**<br> **applicable time period** | **If the contract is annuitized**<br> **at the end of the**<br> **applicable time period**  | **If the contract is annuitized**<br> **at the end of the**<br> **applicable time period**  | **If the contract is annuitized**<br> **at the end of the**<br> **applicable time period**  | **If the contract is**<br> **not surrendered** | **If the contract is**<br> **not surrendered** | **If the contract is**<br> **not surrendered** | **If the contract is**<br> **not 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 Annual <br> Underlying Mutual <br> Fund Expenses <br> (1.13%)<br>| &nbsp;&nbsp; $3213<br>| &nbsp;&nbsp; $9812<br>| &nbsp;&nbsp; $16650<br>| &nbsp;&nbsp; $34841<br>&nbsp;&nbsp; \*<br>| &nbsp;&nbsp; $9812<br>| &nbsp;&nbsp; $16650<br>| &nbsp;&nbsp; $34841<br>| &nbsp;&nbsp; $3213<br>| &nbsp;&nbsp; $9812<br>| &nbsp;&nbsp; $16650<br>| &nbsp;&nbsp; $34841<br>|
| &nbsp;&nbsp;&nbsp; Minimum Annual <br> Underlying Mutual <br> Fund Expenses <br> (0.47%)<br>| &nbsp;&nbsp; $2520<br>| &nbsp;&nbsp; $7749<br>| &nbsp;&nbsp; $13241<br>| &nbsp;&nbsp; $28207<br>&nbsp;&nbsp; \*<br>| &nbsp;&nbsp; $7749<br>| &nbsp;&nbsp; $13241<br>| &nbsp;&nbsp; $28207<br>| &nbsp;&nbsp; $2520<br>| &nbsp;&nbsp; $7749<br>| &nbsp;&nbsp; $13241<br>| &nbsp;&nbsp; $28207 |

---

\*

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

<sup>1</sup>

For purposes of these tables, Nationwide assumes the Current Guaranteed Lifetime Withdrawal Base is equal to the Daily Net Assets.

------

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

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/C000107324NW/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 E: 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.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **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> **Balanced Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.87%\* | 12.47% | 5.93% | 6.60% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Conservative Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.83%\* | 8.70% | 2.68% | 3.95% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Moderately Conservative Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.87%\* | 11.10% | 4.86% | 5.78% |
| Capital Preservation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Government Money** <br> **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% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Balanced Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.94% | 12.97% | 4.84% | 6.03% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Conservative Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.92% | 8.90% | 1.96% | 3.37% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Moderately Conservative Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.93% | 11.68% | 3.78% | 5.12% |

---

\*

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

------

**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/C000107324NW/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: C000107324

------