Agents | Financial professionals | Partners × alert We're here to help Learn how COVID-19 and the resulting CARES Act may affect your overall retirement. See how staying the course can help. PERSONAL BUSINESS Nationwide logo Log in To Open search overlay. Click the Insurance & protection Investing & retirement Banking & borrowing Life events & planning Claims Pay a bill Investing & retirement Annuities Annuities provide protected lifetime income you can’t outlive. Plan your own financial future What is an annuity? Nationwide annuities are designed to help you grow your retirement income. They’re long-term contracts from an insurance company where you invest your money. In return for your investment, you get income in the form of regular payments. Types of annuities There are several types of annuity products available to choose from. Whether you’re looking for income options, legacy planning tools or spousal protection, your financial professional can tailor a plan to meet your specific goals. chart icon Variable There's the potential for more earnings, but you also take on more risk. lock icon Registered index-linked Exposure to downside risk is limited, and there is potential for increased earnings based on index growth. percentage Fixed Your investment grows based on a guaranteed rate of return. dollarsign Immediate Convert a lump sum of money into a stream of income. bullseye icon Fixed indexed The potential for increased earnings is based on index growth, but there's still downside protection. Quick annuity comparison chart Benefit Variable Registered index-linked Fixed Immediate Fixed indexed Guaranteed income for life for you ✔ ✔ ✔ ✔ ✔ Guaranteed income for life for your spouse ✔ ✔ ✔ ✔ Cost-of-living adjustments ✔ Guaranteed minimum withdrawal benefits ✔ ✔ ✔ Protection against market losses ✔ ✔ ✔ ✔ Access to your funds, up to a specified limit ✔ ✔ ✔ ✔ ✔ Potential to leave a legacy to heirs ✔ ✔ ✔ ✔ ✔ Benefits of annuities Provides an alternate way to save An annuity can help you save additional money for retirement once you've maxed out other tax-favored investments. Lets you catch up Annuities can help you catch up on retirement savings when you have less time to save. Offers growth potential Annuities offer potential for tax-deferred growth and an income stream for life. How do annuities work? An annuity is a long-term investment that is issued by an insurance company and is designed to help protect you from the risk of outliving your income. Through annuitization, your purchase payments (what you contribute) are converted into periodic payments that can last for life. Nationwide's annuities are flexible, so you can choose one that enables you to: Invest a lump sum or invest over a period of time Start receiving payments immediately or at some later date Select a fixed, variable or indexed rate of return Investing involves risk, and your investments may lose value. All guarantees and protections are subject to the claims-paying ability of the issuing insurance company, but the guarantees do not apply to any vairable accounts, which are subject to investment risk, including the possible loss of principal. Annuity resources Tools & calculators Use our planners, analyzers and calculators to help make investment decisions. Annuity education Annuities can be a valuable tool to help you prepare for and live in retirement. Get straight talk about the various features these products offer. Annuity claims If you’re the beneficiary of a Nationwide annuity, let us help you get started. Annuity forms Get a form for a beneficiary change or to set up or make changes to recurring electronic funds transfers. More annuity resources NY Reg 187 Annuity beneficiary form (PDF) Annuity fees and charges Annuity buyer's guides Related topics & resources What is an annuity? Life situations Planning for long-term care Working with a professional More annuity resources smartphone icon Ready to get started? Call 1-877-245-0761 (sales); 1-800-848-6331 (service) Talk to a specialist Read this important information Variable annuities are sold by prospectus. Both the product and underlying fund prospectuses can be obtained by visiting Nationwide.com/prospectus or by calling 1-800-848-6331. Before investing, carefully read and consider the fund’s investment objectives, risks, charges, expenses, and other important information contained in this and the underlying funds’ prospectuses. A fixed indexed annuity offers returns based on the changes in a securities index, such as the S&P 500® Composite Stock Price Index. Indexed annuity contracts also offer a specified minimum that the contract value will not fall below, regardless of index performance. After a period of time, the insurance company will make payments to you under the terms of your contract. A fixed indexed annuity is not a stock market investment and does not directly participate in any stock or equity investment. Before deciding on an annuity, you should consider your income needs, risk tolerance and investment objectives. Your investment professional can help you decide if annuities are a suitable investment and can help you pick a Nationwide® annuity. Guarantees are subject to the claims-paying ability of Nationwide Life Insurance Company. They don’t apply to the investment performance or safety of the underlying investment options. Share: 1-877 On Your Side (1-877-669-6877) About us Careers Contact us Partners & developers • Not a deposit • Not FDIC or NCUSIF insured • Not guaranteed by the institution • Not insured by any federal government agency • May lose value This material is not a recommendation to buy, sell, hold, or roll over any asset, adopt an investment strategy, retain a specific investment manager or use a particular account type. It does not take into account the specific investment objectives, tax and financial condition or particular needs of any specific person. Investors should discuss their specific situation with their financial professional. Life and annuity products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, Ohio. The general distributor for variable products is Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. The Nationwide Retirement Institute is a division of NISC. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. Nationwide Life Insurance Company, Nationwide Life and Annuity Company, Nationwide Investment Services Corporation and Nationwide Fund Distributors are separate but affiliated companies. The Nationwide Group Retirement Series includes unregistered group fixed and variable annuities issued by Nationwide Life Insurance Company. It also includes trust programs and trust services offered by Nationwide Trust Company, FSB. Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide Funds Group and Nationwide Retirement Institute are service marks of Nationwide Mutual Insurance Company. © 2021 Nationwide Mutual Insurance Company and affiliated companies Privacy Cyber security California Consumer Privacy Act Rights Accessibility Sitemap Terms and conditions Fund payments to Nationwide Nationwide Securities, LLC NFW-1500AO.10 Feedback Will open a new window