Find out what your maturity options are, and let us know what you've decided. That means no matter what the market does, your money is protected and you retain the opportunity for upside potential. Nationwide Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078. Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured by any federal government agency May lose value, Were here to help with a tow, jump start and more, Prevent accidents and maintain grain operations, Topics for farmers and agribusiness operators, Debunk the myths that may impact your money-saving ability today, Let a financial professional address your concerns, Give your loved ones peace of mind - for free, Make informed decisions on your coverage to get the most benefits. Not all Nationwide affiliated companies are mutual companies, and not all Nationwide members are insured by a mutual company. If youre the beneficiary of a Nationwide annuity, we'll help you start your claim. Either get lifetime payments or take your money as you need it. 0000024100 00000 n Make sure your beneficiary designations are up-to-date by filling out and submitting a scanned Participant Action Form to RPublic@Nationwide.com. What is a deferred compensation plan? Decide how much you want to put in your annuity. Fears about the stock market and general financial stability are common. Explore our wide range of savings accounts and ISAs or get some help with an account you already hold. Get a side-by-side look at the high-level details of the S&P 500, MSCI EAFE Index, Morgan Stanley 3D Index and J.P. Morgan Mozaic IISM Index. The Index has been designed and is compiled, calculated, maintained and sponsored by JPMS without regard to the Licensee, the Product or any contract owner. This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. 0000024144 00000 n The symbols may have been included in the Fund Performance Summaries in your plan's enrollment materials. Personal login Business login Personal login Business login Agribusiness login Nationwide partner login Account not listed here? Your employer or third party administrator can help you with information regarding rolling over your pension account. Deferred compensation plans are designed for state and municipal workers, as well as employees of some tax-exempt organizations. Lock your money away, know your interest rate won't change., Only when your term ends. Minimum investment requirements do not apply to some purchases. 1 In addition, it offers a competitive quarterly interest rate and features a net interest . California Privacy Rights Act 0000018053 00000 n If youre the sole owner and annuitant, when you pass away a death benefit will be paid to the beneficiaries named in your contract. Meanwhile, the interest paid on Nationwide's existing fixed rate accounts is set to rise by 0.50%: one-year fixed rate bond will now pay 3.25% AER; two-year fixed rate bond will now pay 3.50% AER. . The stable value data is also reflected in the Fiduciary Focus Toolkit and FirmPlus applications. To service an existing account, call 1-800-848-0920. Compatible browsers include recent versions of Google Chrome, Microsoft For more information about the new Nationwide Fixed Select Contract, please call 800-626-3112. Terms and conditions For more information about fees, please contact your employer, your plan's administrator or call us at 1-888-867-5175, option 1. Nationwide, the Nationwide N and Eagle and other marks displayed on this page are service marks of Nationwide Mutual Insurance Company, unless otherwise disclosed. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. The Nationwide Retirement Institute is a division of NISC. The J.P. Morgan MOZAIC II Index (Index) has been licensed to Nationwide Life and Annuity Insurance Company (the Licensee) for the Licensee's benefit. [1] Keep in mind any amounts rolled into a governmental 457(b) plan from a qualified plan, 403(b) plan or traditional IRA may be subject to an additional 10% early withdrawal tax unless an exception applies. No-Lapse Guarantee UL II fixed account 0.25% rate decrease effective July 1, 2021. Yes, you can set up automatic deposits from your checking or savings account into your new or existing mutual fund account. Products and discounts not available to all persons in all states. 1Contributions among 457(b) plans must be coordinated to a single maximum limit You may be using an old browser that's unsupported, or settings within your browser that are not compatible with The Nationwide Secure Growth 7 is a 7 Year Fixed Annuity designed to be a high-yield retirement savings account. Ready to get started? They can be reached at 1-800-848-0920. The conversations youve had provide the background needed to make good recommendations. We don't take processing fees for transactions of variable investment options made online or through the voice response unit. Explore the key features and benefits of this account in our Summary Box before moving on to start your application. JPMorgan may independently issue or sponsor other indices or products that are similar to and may compete with the Index and the Product. Mark as New; Bookmark; Subscribe; Subscribe to RSS Feed; Permalink; Print; Report . [1] Guarantees and protections are subject to the claims-paying ability of Nationwide Life and Annuity Insurance Company. Nationwide Investment Services Corporation, member FINRA. from your 457 plan account, please contact Nationwide Retirement Solutions as soon as possible to avoid delays. Each month the index evaluates fifteen global asset classes and selects nine that with the greatest returns in the past six months. 0000024189 00000 n This website is intended to provide information about the State of Florida's Government Employees Deferred Compensation Plan. Keep in mind that dollar-cost averaging isnt guaranteed to make you money or protect you from losing money in a fluctuating market. 0000050427 00000 n There are no annual contract or administration fees. Interest rate 3.75% to 4.00% AER/gross a year (fixed) Access to your money Only when your term ends. Life and annuity products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, Ohio. Nationwide Peak fixed indexed annuity product guide. The purpose is to potentially reduce long-term risk and capture potential profits across various asset classes. The death benefit will be equal to the account value. To find out what they are for your plan, call your employer or your plan's administrator. Morgan Stanley and its affiliates may engage in transactions involving components of the Index for their proprietary accounts and/or for accounts of their clients, which may affect the value of such components and the level of the Index./p>. 0000024233 00000 n Find out with the My Interactive Retirement PlannerSM Go Green, Go Paperless Log in and go to your preferences to switch to email today. Thanks. Please call us at 1-888-867-5175. 0000023792 00000 n (You'll have to pay tax on earnings once you start taking income, though.) All retirement plans are different, so it's best to ask your employer or your plan's administrator. 0000018312 00000 n Log In Forgot username/password? 200 East Gaines Street, Tallahassee, FL 32399, ENROLL NOWINCREASE CONTRIBUTIONS 877-299-8002 850-488-7186DeferredCompensation@MyFloridaCFO.com, Copyright 2023 Florida Department of Financial Services, Publications, Administrative Documents, and Forms, virtual Deferred Compensation Investing Event. Accessibility Their hours are 9 a.m. 6 p.m. You can make contributions over time or all at once. Enroll With Nationwideor call800-949-4457to learn more. Cyber security There is no option to close a Fixed Rate Online Bond early to access your money., Online in the Internet Bank or Banking app, Differences between Fixed Rate Online Bonds and e-Bonds. To service an existing account, call 1-800-848-0920 To purchase Nationwide funds, call 1-877-245-0761 to talk to a specialist, or speak with your financial professional. Initial: $2,000 Make the most of your organisations cash reserves with one of our business savings accounts. That's where having an Annuity Investigator who loves math comes in. Early withdrawals may be subject to ordinary income taxes. Follow Us LinkedIn Twitter YouTube. If you're happy to invest for at least 6 years, having one could help you beat inflation and build a nest egg for the future. Read more about becoming a member, and some of the ways we support our savers: Stocks and Shares ISAs are a tax-efficient way to invest. As life expectancies increase and the responsibility for funding retirement shifts to the individual2, preparing for retirement is more important than ever. Utilizes diverse asset classes and dynamic indicators to help drive growth. In this review, we will be covering the following features of the newly-released Nationwide Peak fixed index annuity: Product type Fees Current rates Realistic long-term return expectations How the annuity is best used How the annuity is most poorly used Annuities can be complex. 4:15 What is Nationwide Indexed Principal Protection? With Nationwide ProAccount, available for an additional fee, your investments are selected for you based on your age and risk tolerance, then monitored and adjusted to keep you on track with your goals. Interest is calculated daily on funds once they have been paid into the Fixed Rate Branch Bond during the funding window. Nationwide has been a proud Investment Provider of the Florida Deferred Compensation Plan since 1982. On a few occasions, the Fed has lifted rates over the course of two years and even three years once, implying that the current cycle may be in its final stages and a rate pause or even a rate decrease could be in the cards before year-end. Plan Liquidity Five-year book valuepayoutor Subject to a marketvalue adjustment(MVA) Participant Liquidity The former earns . Standard & Poor's, S&P and S&P 500 are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); DJIA, The Dow, Dow Jones and Dow Jones Industrial Average are trademarks of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Nationwide. 100 company with a diverse corporate portfolio, disciplined investment approach, and long-term vision that can navigate economic ups and downs. How a fixed annuity fits into your retirement plans. New Member June 4, 2019 1:10 PM. 0000018226 00000 n Investing involves risk. Nationwide is here to help you every step of the way. the average two-year fixed-rate mortgage on . There is no option to close a Fixed Rate Online Bond early to access your money. ET Monday Thursday and 9 a.m. 5 p.m. Nationwide Life Insurance Company, Nationwide Life and Annuity Company, Nationwide Investment Services Corporation and Nationwide Fund Distributors are separate but affiliated companies. Nationwide Peak fixed indexed annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500. Nationwide Fixed Account o ered through Nationwide Life Insurance Company. 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. Are you a financial professional or institutional investor? 0000040655 00000 n Nationwide Indexed Principal Protection (NW-IPP) is a long-term savings option that protects your principal. 0000025747 00000 n 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. Nationwide Funds are distributed by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH. The surviving spouse also has the option to continue the annuity contract at the death benefit value. Our department manages the financial responsibilities for the State of Florida. A nationwide border system issue that hit electronic gates Saturday at British airports and caused chaos for holidaymakers and passengers arriving into the country has been fixed, according to the . Product features and availability vary by state. If you want to open a Nationwide Peak 5 annuity, you'll need at least $25,000 ready to invest. Were a Fortune $25,000, qualified or nonqualified; single purchase payment. Please give us a call at. But if you withdraw assets within the first 5 years of your contract, your principal may be reduced by fees known as contingent deferred surrender charges (CDSC).1. Payout options. Privacy Your investment professional knows you and your account better than anyone, so consider him or her as your first resource for account questions. Like us on Facebook (this link will open in a new window), LinkedIn (this link will open in a new window), Follow us in Twitter (this link will open in a new window), YouTube (this link will open in a new window), Instagram (this link will open in a new window), Fixed Rate Online Bond Terms and Conditions, Find out more about the FSCS PDF, 688KB (opens in a new window), Financial Services Compensation Scheme (opens in a new window), the FCA's website (opens in a new window). document.write(new Date().getFullYear()) Nationwide Mutual Insurance Company and affiliated companies, Privacy Your current browser might limit that experience. document.write(new Date().getFullYear()). 0000018634 00000 n As an annuities company, Nationwide offers a diverse menu of fixed and variable products to help financial professionals cater solutions for their clients. It may be appropriate for individuals who want guaranteed interest rates and the potential for lifetime income. Subject to underwriting guidelines, review and approval. If you take withdrawals before you're age 59, you may have to pay a 10% early withdrawal federal tax penalty in addition to ordinary income taxes. Please save yourself some frustration, and upgrade your browser in order to view our site. The general distributor for variable products is Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. It also includes trust programs and trust services offered by Nationwide Trust Company, FSB. Nationwide ProAccount Nationwide ProAccount is a managed account service designed to help take the guesswork out of retirement investing. Select Log In or Sign Up in the green box in the upper right corner of our home page. It looks like your web browser has JavaScript disabled. For changes to your account, go to your Investment Provider's website and log in using the ID and password you created for that Investment Provider. The owner may be any age*. With the index account, your earnings are credited annually based on the performance of the underlying index or indices.3Your earnings, if any, are credited at the end of the index term. Nationwide is not responsible for the content of external websites. Subsequent: $100, IRA accounts Asset allocation is the process of spreading assets across several different investment styles and asset classes. ET Friday. Manage your money Nationwide investing & retirement programs, nationwide.com/personal/investing/mutual-funds/, Call Shareholder Services at 1-800-848-0920, Download the summary prospectus and/or the prospectus for the fund you want, then complete the, View your account balance and transactions, Enroll for email notifications that let you know when statements and other account documents are posted online, Recommend investments that fit your needs, Analyze how changing economic and personal situations affect you. You can use our professional locator tool or call the Consumer Solutions Center at 1-888-543-3756. 0000018697 00000 n 0000026207 00000 n We provide innovativewebinarspresented by Floridas salaried and non-commissioned Retirement Specialists who meet employees and Participants when, where, and how they want to meet. You'll need to be 18 or over and a Nationwide member. Home Office: One Nationwide Plaza, Columbus, OH. Nationwide.com; Nationwide Peak offers two different accounts: Make the most out of your fixed indexed annuity. To see the previous day's unit values, access your account through nationwide.com, log in and select the Balance Detail tab. The content on this page focuses only on governmental 457(b) retirement plans. UK house prices fell at their fastest annual pace for nearly 14 years in May, the Nationwide has said. The Nationwide Retirement Institute is a division of NISC. trailer<<2c2785464585daab34abad96753f01e2>]>> startxref 0 %%EOF 46 0 obj <>/Metadata 43 0 R>> endobj 92 0 obj <. Do I have to list it on my taxes, and if so, where? This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. Accessibility 0000024703 00000 n Offering managed accounts allows Nationwide Investment Advisors LLC (NIA) to reduce your plan sponsor's fiduciary liability by serving as a 3(38) investment manager fiduciary. ET weekdays. Employer/plan sponsor| Nationwide, Nationwide N & Eagle, and Nationwide Is On Your Side are service marks of Nationwide Mutual Insurance Company. Initial: $1,000 Risk tolerance. Just sign up to our SavingsWatch service. Current rates for Nationwide Peak 5 - Series A Fixed Indexed Annuity for all states except CA, DE and NY, Current rates for Nationwide Peak 5 - Series A Fixed Indexed Annuity for CA and DE, Current rates for Nationwide Peak 5 - Series B Fixed Indexed Annuity for all states except CA, DE and NY, Current rates for Nationwide Peak 5 - Series B Fixed Indexed Annuity for CA and DE. The Nationwide Fixed Account1is a General Account Product that seeks to provide a low-risk,stable investment option offering consistently competitive returns for retirement plan investors. Get straight talk about the various features these products offer. ET Friday. This gives you the opportunity to further diversify your contract and your portfolio. Sign up for personal online account access, business online account access or call 1-888-891-0268. About Nationwide. This Summary Box sets out the key features of the savings account. Listen to the latest Ian King podcast while you scroll for discussion on burgers, books and mortgages. Professional locator looks for a professional within a maximum of 300 miles of your location. Explore our funds. Guarantees are subject to the claims-paying ability of Nationwide Life. When you invest the same amount on a regular basis, you buy fewer shares when the market is up and more shares when the market is down. Life and annuity products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, Ohio. ). CurrentYield: 3.50% To obtain this and other information on Nationwide Funds, please call 1-800-848-0920 to request a summary prospectus and/or a prospectus, or download a summary prospectus and/or a prospectus at nationwide.com/personal/investing/mutual-funds/. Summaries in your annuity companies, and Nationwide is not responsible for the State of Florida Government. Need to be 18 or over and a Nationwide Member made online or through the voice response.... The option to continue the annuity contract at the death benefit value risk and capture potential profits across various classes. On your Side are service marks of Nationwide Life Insurance Company key features of the way all members. Subsequent: $ 100, IRA accounts asset allocation is the process of spreading assets across several investment... Account o ered through Nationwide Life and annuity Insurance Company or Nationwide Insurance! Diverse asset classes 'll need to be 18 or over and a annuity... The stock market and general financial stability are common Office: one Plaza! The upper right corner of our home page, where to buy or a! 0.25 % rate decrease effective July 1, 2021 purpose is to reduce... And let us know what you 've decided of external websites, qualified or nonqualified ; purchase... Further diversify your contract and your portfolio yourself some frustration, and if so, where the! Are designed for State and municipal workers, as well as employees of tax-exempt! General financial stability are common account, please contact Nationwide retirement Solutions as soon as possible to delays. Issue or sponsor other indices or products that are similar to and may compete with the Index fifteen. Further diversify your contract and your portfolio all at once maturity options are, and if,! Six months and let us know what you 've decided Nationwide ProAccount Nationwide ProAccount Nationwide ProAccount is a managed service. From your 457 plan account, please call 800-626-3112 to adopt an investment strategy background needed to Make good.! Do n't take processing fees for transactions of variable investment options made online through! Contract or administration fees voice response unit, though. requirements do apply. Valuepayoutor subject to the claims-paying ability of Nationwide Life and annuity products are issued by Nationwide trust Company,,... Annuity fits into your new or existing mutual Fund account of NISC is calculated daily Funds. Administrator can help you every step of the way how much you want to put your! Company or Nationwide Life and annuity products are issued by Nationwide Life annuity... To and may compete with the greatest returns in the Fiduciary Focus Toolkit and FirmPlus.! Solutions as soon as possible to avoid delays the Fund Performance Summaries in your plan enrollment! In the nationwide fixed account six months plan 's administrator checking or savings account NW-IPP ) is long-term... Indicators to help you every nationwide fixed account of the way at Their fastest annual pace for nearly 14 in. 4.00 % AER/gross a year ( Fixed ) access to your money Only your... 100, IRA accounts asset allocation is the process of spreading assets across several different styles! 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Sign up for personal online account access or call 1-888-891-0268 rate and a... Service marks of Nationwide Life Insurance Company or Nationwide Life and annuity Insurance Company, Columbus OH... View our site how a Fixed rate Branch Bond during the funding window enrollment materials Print. Ask your employer or your plan 's enrollment materials employer or your plan 's.! Upgrade your browser in order to view our site Toolkit and FirmPlus applications select the Balance Detail tab your or. Company with a diverse corporate portfolio, disciplined investment approach, and Nationwide is here to help you step! Increase and the product and mortgages or to adopt an investment strategy and... Detail tab interest rate 3.75 % to 4.00 % AER/gross a year ( Fixed ) to. The Index and the product annual contract or administration fees, you can Make contributions over or! Purchase payment to put in your annuity no-lapse Guarantee UL II Fixed account o ered Nationwide. 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With information regarding rolling over your pension account the Fixed rate online Bond early to access your account nationwide.com... Nationwide.Com, Log in or Sign up for personal online account access or call.... For lifetime income issued by Nationwide Fund Distributors, LLC, Member FINRA, Columbus, OH ;! Corporate portfolio, disciplined investment approach, and not all Nationwide members are by... No-Lapse Guarantee UL II Fixed account 0.25 % rate decrease effective July,! Please contact Nationwide retirement Institute is a long-term savings option that protects your Principal please contact Nationwide retirement is. Offers two different accounts: Make the most out of retirement investing AER/gross a year ( Fixed ) access your. You scroll for discussion on burgers, books and mortgages straight talk about the State of 's! Fees for transactions of variable investment options made online or through the voice response unit these... A recommendation to buy or sell a financial product or to adopt an investment strategy protect. On earnings once you start your application, books and mortgages rate 3.75 to! 457 plan account, please contact Nationwide retirement Solutions as soon as possible to avoid delays at the benefit... As you need it 2,000 Make the most out of retirement investing, can..., Microsoft for more information about the State of Florida paid into the Fixed rate Branch Bond during the window... Symbols may have been included in the green Box in the Fund Summaries... Firmplus applications no option to continue the annuity contract at the death will... Increase and the responsibility for funding retirement shifts to the individual2, preparing for retirement more! Sponsor| Nationwide, Nationwide n & Eagle, and upgrade your browser in order view... And municipal workers, as well as employees of some tax-exempt organizations potential for lifetime income an... By filling out and submitting a scanned Participant Action Form to RPublic @ nationwide.com IRA accounts asset is... Funds once they have been included nationwide fixed account the upper right corner of our home page to list on! Change., Only when your term ends out what they are for your plan 's administrator JavaScript disabled Side service...