Key Takeaways

  • Annuities provide an alternate way to save for retirement that can offer security and guarantees not generally found in other products.

  • They can offer potential tax-deferred growth to help you save additional money for retirement.

  • Annuities can provide protected lifetime income.

Annuities are long-term investments designed to help you grow your retirement income. They are insurance contracts that you can purchase and, in return, receive regular payments from – beginning either immediately or in the future.

Annuities are designed to help protect you from the risk of outliving your income. They can be a valuable part of a diversified retirement portfolio because they are generally more protected from downturns in the market than other retirement products. 

Annuities at a Glance

Step One

Step Two

Step Three

Purchase an annuity from a life insurance company

Your money can grow in the annuity tax-deferred

You convert your annuity into income when you retire (or are ready to withdraw income)

Types of Annuities

There are several types of annuity products to choose from. Whether you are looking for income options, legacy planning tools, or spousal protection, annuities can offer flexibility to meet your needs.

  • Variable: Offer a wide range of investment choices with different levels of risk and growth potential.
  • Fixed: Your investment grows based on a guaranteed rate of return
  • Registered Index-linked: Can help limit exposure to downside risk while offering growth potential based on the performance of an index or indexes.
  • Immediate: Offer income payments that start right away or within a year of purchase.
  • Fixed Indexed: Offer potential for increased earnings is based on index growth, but there's still downside protection.

Take the Next Step to Invest

NCOA and Nationwide have partnered to provide trusted information to guide you in making decisions that will improve your financial well-being today and in the future. NCOA uses Standards of Excellence as the basis for guiding our partnerships. You can feel confident connecting with Nationwide knowing that they meet our Standards of Excellence and you will receive unbiased education, practical decision support, and trusted activation options when you connect with them.

Talk to A Financial Professional Today

If you are interested in learning more about annuities or would like to discuss your options connect with a licensed financial professional at Nationwide.

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 variable accounts, which are subject to investment risk, including the possible loss of principal.

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.

Nationwide and the National Council on Aging are separate and non-affiliated companies.