04/24/2025 | Press release | Distributed by Public on 04/24/2025 05:47
Accumulation Contract- A contract where the Contract Owner had not begun taking guaranteed income payments
before separating from the Previous Plan.
|
Accumulation Unit- An accounting unit of measure used to calculate the Contract Value allocated to the Variable
Account before the Annuitization Date.
|
Annuitant - The person(s) whose length of life determines how long annuity payments are paid. The Annuitant and
Contract Ownermust be the same person for contracts described in this prospectus. The Annuitant must be living on
the date the contract is issued.
|
Annuitization Date - The date on which annuity payments begin.
|
Annuity Commencement Date - The date on which annuity payments are scheduled to begin.
|
Annuity Unit- An accounting unit of measure used to calculate the value of variable annuity payments.
|
Contingent Annuitant - The individual who becomes the Annuitant if the Annuitant dies before the Annuitization
Date.
|
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.
|
Current Guaranteed Lifetime Withdrawal Base- For purposes of Guaranteed Lifetime Withdrawals, the amount that
is multiplied by the Lifetime Withdrawal Percentage to arrive at the Guaranteed Lifetime Withdrawal Amount for any
given year.
|
Daily Net Assets - A figure that is calculated at the end of each Valuation Date and represents the sum of all the
Contract Ownersinterests in the Sub-Accounts after the deduction of underlying mutual fund expenses.
|
Guaranteed Lifetime Withdrawal Amount- The guaranteed amount that a Contract Owner can withdraw from the
contract before the next Contract Anniversary without reducing the Guaranteed Lifetime Withdrawal Base. This
amount is non-cumulative, meaning that it cannot be carried over from one year to the next.
|
Income Contract - A contract where the Contract Owner began taking guaranteed income payments before
separating from the Previous Plan.
|
Individual Retirement Annuity or IRA - An annuity contract that qualifies for favorable tax treatment under Section
408(b) of the Internal Revenue Code, but does not include Roth IRAs or Simple IRAs.
|
Lifetime Withdrawal Percentage- The percentage of the Current Guaranteed Lifetime Withdrawal Base that the
Contract Ownercan withdraw from the contract each year without decreasing the Current Guaranteed Lifetime
Withdrawal Base.
|
Nationwide - Nationwide Life Insurance Company.
|
Net Asset Value- The value of one share of an underlying mutual fund at the close of regular trading on the New
York Stock Exchange.
|
Net Investment Factor- The investment performance of the underlying mutual fund in which a particular Sub-
Accountinvests, including the charges assessed against that Sub-Account for a Valuation Period.
|
Original Guaranteed Lifetime Withdrawal Base- The Contract Owner's benefit base under the Previous Plan which
is used to determine Guaranteed Lifetime Withdrawals under the contract.
|
Previous Plan- A retirement plan in which the Contract Owner was invested before separating from service, and
which provides a right of conversion that preserves the plan's benefit.
|
Roth IRA- An annuity contract that qualifies for favorable tax treatment under Section 408A of the Internal Revenue
Code.
|
SEC - Securities and Exchange Commission.
|
Service Center- The department of Nationwide responsible for receiving all service and transaction requests relating
to the contract. For service and transaction requests submitted other than by telephone (including fax requests), the
Service Centeris Nationwide's mail and document processing facility. For service and transaction requests
communicated by telephone, the Service Center is Nationwide's operations processing facility. Information on how to
contact the Service Center is in the Contacting the Service Centerprovision.
|
Sub-Accounts- Divisions of the Variable Account, each of which invests in a single underlying mutual fund.
|
Valuation Date- Each day the New York Stock Exchange is open for business or any other day during which there is
a sufficient degree of trading such that the current Net Asset Value of the underlying mutual fund shares might be
materially affected. Values of the Variable Account are determined as of the close of regular trading on the New
York Stock Exchange, which generally closes at 4:00 p.m. EST.
|
Valuation Period- The period of time commencing at the close of a Valuation Date and ending at the close of
regular trading on the New York Stock Exchange for the next succeeding Valuation Date.
|
Variable Account - Nationwide Variable Account, a separate account that Nationwide established to hold Contract
Owner assets allocated to variable investment options. The Variable Account is divided into Sub-Accounts, each of
which invests in a separate underlying mutual fund.
|
|
Page
|
Glossary of Special Terms
|
2
|
Important Information You Should Consider About the Contract
|
6
|
Overview of the Contract
|
8
|
Purpose of the Contract
|
8
|
Phases of the Contract
|
8
|
Contract Features
|
8
|
Fee Table
|
10
|
Example
|
10
|
Principal Risks
|
11
|
Nationwide and the Variable Account
|
12
|
Investment Options
|
13
|
The Sub-Accounts and Underlying Mutual Funds
|
13
|
Contacting the Service Center
|
14
|
Charges and Deductions
|
15
|
Mortality and Expense Risk Fee
|
15
|
Administrative Fee
|
15
|
Contract Maintenance Fee
|
15
|
Guaranteed Lifetime Withdrawal Fee
|
15
|
Premium Taxes
|
15
|
Underlying Mutual Fund Charges
|
16
|
The Contract in General
|
16
|
Types of Contracts Issued
|
16
|
Minimum Initial and Subsequent Purchase Payments
|
16
|
Dollar Limit Restrictions
|
16
|
Money Laundering
|
16
|
Contestability
|
17
|
Payments to Minors
|
17
|
Nationwide's General Account Obligations
|
17
|
Reservation of Rights
|
17
|
Distribution, Promotional, and Sales Expenses
|
17
|
Underlying Mutual Fund Service Fee Payments
|
17
|
Treatment of Unclaimed Property
|
19
|
Profitability
|
19
|
Benefits Under the Contract
|
19
|
Standard Benefits Table
|
19
|
Optional Benefits Table
|
20
|
Standard Death Benefit (Return of Contract Value)
|
20
|
Guaranteed Lifetime Withdrawals
|
20
|
Spousal Continuation Option
|
26
|
Ownership and Interests in the Contract
|
27
|
Contract Owner/Annuitant
|
27
|
Contingent Annuitant
|
27
|
Beneficiary and Contingent Beneficiary
|
27
|
Changes to the Parties to the Contract
|
27
|
Community Property States
|
28
|
Assignment
|
28
|
Beneficially Owned Contracts
|
28
|
Operation of the Contract
|
29
|
Pricing
|
29
|
Application and Allocation of Purchase Payments
|
29
|
Determining the Contract Value
|
30
|
Transfer Requests
|
30
|
Transfers Prior to Annuitization
|
31
|
Transfers After Annuitization
|
31
|
Transfer Restrictions
|
31
|
Right to Examine and Cancel
|
33
|
Allocation of Purchase Payments during Free Look Period
|
33
|
|
Page
|
Surrender/Withdrawal Prior to Annuitization
|
33
|
Partial Withdrawals
|
34
|
Full Surrenders
|
34
|
Surrender/Withdrawal After Annuitization
|
34
|
Contract Owner Services
|
34
|
Systematic Withdrawals
|
34
|
Death Benefit
|
35
|
Death of Contract Owner/Annuitant
|
35
|
Death Benefit Payment
|
35
|
Death and Spousal Continuation Option
|
35
|
Annuity Commencement Date
|
35
|
Annuitizing the Contract
|
36
|
Annuitization Date
|
36
|
Annuitization
|
36
|
Fixed Annuity Payments
|
36
|
Variable Annuity Payments
|
36
|
Frequency and Amount of Annuity Payments
|
37
|
Annuity Payment Options
|
37
|
Annuity Payment Options for Contracts with Total Purchase Payments and Contract Value Annuitized Less Than or Equal to
$2,000,000
|
37
|
Annuity Payment Options for Contracts with Total Purchase Payments and/or Contract Value Annuitized Greater Than
$2,000,000
|
38
|
Annuitization of Amounts Greater than $5,000,000
|
38
|
Statements and Reports
|
38
|
Legal Proceedings
|
39
|
Nationwide Life Insurance Company
|
39
|
Nationwide Investment Services Corporation
|
39
|
Financial Statements
|
40
|
Appendix A: Underlying Mutual Funds Available Under the Contract
|
41
|
Appendix B: State Variations
|
42
|
Appendix C: Contract Types and Tax Information
|
43
|
Types of Contracts
|
43
|
Federal Tax Considerations
|
43
|
Required Distributions
|
46
|
Other Considerations
|
48
|
Tax Changes
|
49
|
State Taxation
|
49
|
Appendix D: Spousal Continuation Option Calculation
|
50
|
FEES AND EXPENSES
(see Fee Table and Charges and Deductions)
|
Charges for Early
Withdrawals
|
None
|
Ongoing Fees and
Expenses (annual
charges)
|
The table below describes the fees and expenses that you may pay each year, depending
on the options chosen. Please refer to your contract specifications page for information
about the specific fees you will pay each year based on the options you have elected.
|
||
Annual Fee
|
Minimum
|
Maximum
|
|
Base Contract
|
1.70%1
|
1.73%1
|
|
Investment options (underlying mutual fund fees
and expenses)
|
0.47%2
|
1.19%2
|
|
1 As a percentage of Daily Net Assets, plus a percentage attributable to the Contract
Maintenance Charge; or for Guaranteed Lifetime Withdrawals, as a percentage of the
Current Guaranteed Lifetime Withdrawal Base, plus a percentage attributable to the
Contract Maintenance Charge.
2 As a percentage of underlying mutual fund assets.
|
|||
Lowest Annual Cost Estimate:
$1,110.28
|
Highest Annual Cost Estimate:
$2,693.89
|
||
Assumes:
● Investment of $100,000
● 5% annual appreciation
● Least expensive underlying mutual fund fees
and expenses
● No additional purchase payments, transfers or
withdrawals
|
Assumes:
● Investment of $100,000
● 5% annual appreciation
● Most expensive underlying mutual
fund fees and expenses
● No additional purchase payments,
transfers or withdrawals
|
RISKS
|
|
Risk of Loss
|
Contract Owners of variable annuities can lose money by investing in the contract,
including loss of principal (see Principal Risks).
|
Not a Short-Term
Investment
|
The contract is not a short-term investment and is not appropriate for an investor who
needs ready access to cash. Nationwide has designed the contract to offer features,
pricing, and investment options that encourage long-term ownership (see Principal Risks).
The benefit of tax deferral also means that the contract is more beneficial to investors with
a long time horizon (see Principal Risks).
|
Risks Associated with
Investment Options
|
● Investment in this contract is subject to the risk of poor investment performance of the
investment options chosen by the Contract Owner.
● Each investment option has its own unique risks.
● Review the prospectuses and disclosures for the investment options before making an
investment decision.
See Principal Risks.
|
Insurance Company Risks
|
Investment in the contract is subject to the risks associated with Nationwide, including that
any obligations, guarantees, or benefits are subject to the claims-paying ability of
Nationwide. More information about Nationwide, including its financial strength ratings, is
available by contacting Nationwide at the address and/or toll-free phone number indicated
in Contacting the Service Center (see Principal Risks).
|
RESTRICTIONS
|
|
Investments
|
● Nationwide reserves the right to add, remove, and substitute investment options
available under the contract (see The Sub-Accounts and Underlying Mutual Funds).
● Not all investment options may be available under your contract (see Appendix A:
Underlying Mutual Funds Available Under the Contract).
● Transfers between Sub-Accounts are subject to policies designed to deter short-term
and excessively frequent transfers. Nationwide may restrict the form in which transfer
requests will be accepted (see Transfer Restrictions).
|
TAXES
|
|
Tax Implications
|
● Consult with a tax professional to determine the tax implications of an investment in and
payments received under this contract.
● If the contract is purchased through a tax-qualified plan or IRA, there is no additional tax
deferral.
● Earnings in the contract are taxed at ordinary income tax rates at the time of
withdrawals and there may be a tax penalty if withdrawals are taken before the Contract
Ownerreaches age 59½.
See Appendix C: Contract Types and Tax Information.
|
CONFLICTS OF INTEREST
|
|
Investment Professional
Compensation
|
Some financial professionals receive compensation for selling the contract. Compensation
can take the form of commission and other indirect compensation in that Nationwide may
share the revenue it earns on this contract with the financial professional's firm. This
conflict of interest may influence a financial professional, as these financial professionals
may have a financial incentive to offer or recommend this contract over another investment
(see Distribution, Promotional, and Sales Expenses).
|
Exchanges
|
Some financial professionals may have a financial incentive to offer an investor a new
contract in place of the one he/she already owns. An investor should only exchange his/her
contract if he/she determines, after comparing the features, fees, and risks of both
contracts, that it is preferable for him/her to purchase the new contract, rather than to
continue to own the existing one (see Replacementsand Distribution, Promotional, and
Sales Expenses).
|
Annual Contract Expenses
|
|
Maximum Administrative Expense1
|
$30
|
Base Contract Expenses2(assessed as an annualized percentage of the Daily Net Assets or assessed annually as a
percentage of the Current Guaranteed Lifetime Withdrawal Base)
|
1.70%
|
Annual Underlying Mutual Fund Expenses
|
||
|
Minimum
|
Maximum
|
(Expenses that are deducted from underlying mutual fund assets, including
management fees, distribution and/or service (12b-1) fees, and other expenses, as a
percentage of average underlying mutual fund net assets.)
|
0.47%
|
1.19%
|
|
If the contract is surrendered
at the end of the
applicable time period
|
If the contract is annuitized
at the end of the
applicable time period
|
If the contract is
not surrendered
|
|||||||||
|
1 Yr.
|
3 Yrs.
|
5 Yrs.
|
10 Yrs.
|
1 Yr.
|
3 Yrs.
|
5 Yrs.
|
10 Yrs.
|
1 Yr.
|
3 Yrs.
|
5 Yrs.
|
10 Yrs.
|
Maximum Annual
Underlying Mutual
Fund Expenses
(1.19%)
|
$3,276
|
$9,998
|
$16,955
|
$35,422
|
*
|
$9,998
|
$16,955
|
$35,422
|
$3,276
|
$9,998
|
$16,955
|
$35,422
|
Minimum Annual
Underlying Mutual
Fund Expenses
(0.47%)
|
$2,520
|
$7,749
|
$13,241
|
$28,207
|
*
|
$7,749
|
$13,241
|
$28,207
|
$2,520
|
$7,749
|
$13,241
|
$28,207
|
Name of Benefit
|
Purpose
|
Maximum
Fee
|
Current Fee
|
Brief Description of
Restrictions/Limitations
|
Standard Death Benefit
|
Death benefit upon
death of Annuitant prior
to Annuitization
|
None
|
None
|
● Certain ownership
changes and
assignments could
reduce the death
benefit
● Nationwide may limit
purchase payments to
$1,000,000
|
Systematic Withdrawals
(see Contract Owner
Services)
|
Automatic withdrawals
of Contract Value on a
periodic basis
|
None
|
None
|
● Withdrawals must be at
least $100 each
|
Name of Benefit
|
Purpose
|
Maximum
Fee
|
Current Fee
|
Brief Description of
Restrictions/Limitations
|
Guaranteed Lifetime
Withdrawals
|
Guaranteed lifetime
income stream
|
1.20%
(Current
Income
Benefit
Base)
|
1.00% (Current Income
Benefit Base)
|
● Current charge could
change
|
Spousal Continuation
Option
|
Second death benefit
|
None
|
None
|
● Contract Owners who
previously elected the
Plan's spousal benefit
will automatically elect
this benefit
|
Name of Benefit
|
Purpose
|
Maximum
Fee
|
Current Fee
|
Brief Description of Restrictions/
Limitations
|
Spousal Continuation
Option
|
Second death benefit
|
None
|
None
|
● Limited availability
● For contracts issued as an IRA or
Roth IRA, only the person for whom
the IRA or Roth IRA was established
may be named as the Contract
Owner
● The spouse cannot be younger than
40 or older than 90 when the
withdrawals begin
● Spouse must be named as
Contingent Annuitant
|
Example:
|
On June 1, which is before her Annuitization Date, Ms. P passes away. She has elected the
standard death benefit. On the date of Ms. P's death, her Contract Value = $24,000. The
death benefit for Ms. P's contract will equal $24,000.
|
Example:
|
Example of early withdrawal calculations:
|
In this example, the Contract Value is greater than the Current Guaranteed Lifetime
Withdrawal Base.
|
At the time of the early withdrawal:
|
Contract Value=$500,000
|
Current Guaranteed Lifetime Withdrawal Base=$450,000
|
Example:
|
Withdrawal Amount=$15,000
|
Current Guaranteed Lifetime Withdrawal Base reduction calculations:
|
Dollar amount=$15,000
|
Proportional amount ($15,000 ÷ $500,000) x $450,000=$13,500
|
After the early withdrawal:
|
Contract Value ($500,000 - $15,000)=$485,000
|
Current Guaranteed Lifetime Withdrawal Base ($450,000 - $15,000)=$435,000
|
In this example, the Contract Value is less than the Current Guaranteed Lifetime Withdrawal
Base:
|
At the time of the early withdrawal:
|
Contract Value=$400,000
|
Current Guaranteed Lifetime Withdrawal Base=$450,000
|
Withdrawal Amount=$15,000
|
Current Guaranteed Lifetime Withdrawal Base reduction calculations:
|
Dollar amount=$15,000
|
Proportional amount ($15,000 ÷ $400,000) x $450,000=$16,875
|
After the early withdrawal:
|
Contract Value ($400,000 - $15,000)=$385,000
|
Current Guaranteed Lifetime Withdrawal Base ($450,000 - $16,875)=$433,125
|
Example:
|
Example of excess withdrawal calculations:
|
In this example, the Contract Value is greater than the Current Guaranteed Lifetime
Withdrawal Base:
|
At the time of the excess withdrawal:
|
Contract Value=$500,000
|
Current Guaranteed Lifetime Withdrawal Base=$450,000
|
Guaranteed Lifetime Withdrawal Amount=$22,500
|
Withdrawal Amount=$30,000
|
Excess Withdrawal Amount ($30,000 - $22,500)=$7,500
|
Current Guaranteed Lifetime Withdrawal Base reduction calculations:
|
Dollar amount=$7,500
|
Proportional amount ($7,500 ÷ $477,500) x $450,000=$7,068
|
After the excess withdrawal:
|
Example:
|
Contract Value ($500,000 - $30,000)=$470,000
|
Current Guaranteed Lifetime Withdrawal Base ($450,000 - $7,500)=$442,500
|
In this example, the Contract Value is less than the Current Guaranteed Lifetime Withdrawal
Base:
|
At the time of the excess withdrawal:
|
Contract Value=$400,000
|
Current Guaranteed Lifetime Withdrawal Base=$450,000
|
Guaranteed Lifetime Withdrawal Amount=$22,500
|
Withdrawal Amount=$30,000
|
Excess Withdrawal Amount ($30,000 - $22,500)=$7,500
|
Current Guaranteed Lifetime Withdrawal Base reduction calculations:
|
Dollar amount=$7,500
|
Proportional amount ($7,500 ÷ $377,500) x $450,000=$8,940
|
After the excess withdrawal:
|
Contract Value ($400,000 - $30,000)=$370,000
|
Current Guaranteed Lifetime Withdrawal Base ($450,000 - $8,940)=$441,060
|
Contract Owner's Age
|
Annual Benefit
Multiplier
|
Up to Age 70
|
5.5
|
71-75
|
4.5
|
76-80
|
3.5
|
81-85
|
2.5
|
86-90
|
2.0
|
91-95
|
1.5
|
96+
|
1.0
|
Example:
|
Ms. J purchased an Accumulation Contract and elected the Spousal Continuation Option at
the time of application. She began taking Guaranteed Lifetime Withdrawals when she was
62. Three years later, Ms. J passed away. Mr. J, Ms. J's surviving spouse, is entitled to
continue to receive the same Guaranteed Lifetime Withdrawals for the duration of his
lifetime. At Mr. J's death, the contract will terminate.
|
Trading Behavior
|
Nationwide's Response
|
Six or more transfer events within
one calendar quarter
|
Nationwide will mail a letter to the Contract Owner notifying them that:
(1)they have been identified as engaging in harmful trading practices; and
(2)if their transfer events total 11 within two consecutive calendar quarters or 20 within one
calendar year, the Contract Owner will be limited to submitting transfer requests via U.S.
mail on a Nationwide issued form.
|
11 transfer events within two
consecutive calendar quarters
OR
20 transfer events within one
calendar year
|
Nationwide will automatically limit the Contract Owner to submitting transfer requests via U.S.
mail on a Nationwide issued form.
|
Example:
|
Ms. H elects to take Systematic Withdrawals equal to $5,000 on a quarterly basis. She has
not directed that the withdrawals be taken from specific Sub-Accounts, so each quarter,
Nationwide will withdraw $5,000 from Ms. H's contract proportionally from each Sub-
Account, and will mail her a check or wire the funds to the financial institution of her choice.
|
Type
|
Underlying Mutual Fund and Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual Total
Returns
(as of 12/31/2024)
|
||
1 year
|
5 year
|
10 year
|
|||
Allocation
|
Nationwide Variable Insurance Trust - NVIT Blueprint® Balanced Fund:
Class II(formerly, Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Balanced Fund: Class II)
Investment Advisor: Nationwide Fund Advisors
|
0.93%*
|
9.25%
|
5.40%
|
5.24%
|
Allocation
|
Nationwide Variable Insurance Trust - NVIT Blueprint® Conservative Fund:
Class II(formerly, Nationwide Variable Insurance Trust - NVIT Blueprint(SM)
Conservative Fund: Class II)
Investment Advisor: Nationwide Fund Advisors
|
0.85%*
|
5.10%
|
2.47%
|
3.01%
|
Allocation
|
Nationwide Variable Insurance Trust - NVIT Blueprint® Moderately
Conservative Fund: Class II(formerly, Nationwide Variable Insurance Trust
- NVIT Blueprint(SM) Moderately Conservative Fund: Class II)
Investment Advisor: Nationwide Fund Advisors
|
0.90%*
|
7.82%
|
4.48%
|
4.56%
|
Fixed Income
|
Nationwide Variable Insurance Trust - NVIT Government Money Market
Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Subadvisor: Federated Investment Management Company
|
0.47%
|
4.88%
|
2.21%
|
1.46%
|
Allocation
|
Nationwide Variable Insurance Trust - NVIT Investor Destinations Balanced
Fund: Class II
Investment Advisor: Nationwide Fund Advisors
|
0.88%
|
7.79%
|
4.17%
|
4.73%
|
Allocation
|
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors
|
0.87%
|
3.82%
|
1.55%
|
2.52%
|
Allocation
|
Nationwide Variable Insurance Trust - NVIT Investor Destinations
Moderately Conservative Fund: Class II
Investment Advisor: Nationwide Fund Advisors
|
0.87%
|
6.09%
|
3.20%
|
3.97%
|
State
|
State Law Variations
|
Florida
|
● The Annuity Commencement Date must be at least one year after the date the contract
is issued.
|
Age of Spouse when
Contract Owner reaches age 65
|
Percent multiplied by the
Lifetime Withdrawal Percentage
|
40
|
47
%
|
41
|
48
%
|
42
|
49
%
|
43
|
49
%
|
44
|
49
%
|
45
|
49
%
|
46
|
50
%
|
47
|
52
%
|
48
|
53
%
|
49
|
55
%
|
50
|
57
%
|
51
|
58
%
|
52
|
60
%
|
53
|
61
%
|
54
|
63
%
|
55
|
64
%
|
56
|
66
%
|
57
|
67
%
|
58
|
69
%
|
59
|
70
%
|
60
|
72
%
|
61
|
73
%
|
62
|
75
%
|
63
|
76
%
|
64
|
78
%
|
65
|
79
%
|
66
|
81
%
|
67
|
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Page
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General Information and History
|
2
|
Services
|
2
|
Financial Statements
|
2
|
Purchase of Securities Being Offered
|
3
|
Underwriters
|
3
|
Annuity Payments
|
3
|
|
|
President and Chief Operating Officer and Director
|
Carter, John L.
|
Executive Vice President-Chief Human Resources Officer
|
Clements, Vinita J.
|
Executive Vice President-Nationwide Chief Technology Officer
|
Fowler, James R.
|
Executive Vice President and Director
|
Frommeyer, Timothy G.
|
Executive Vice President-Chief Legal Officer
|
Howard, Mark S.
|
Executive Vice President-Chief Marketing Officer
|
Jones, Ramon
|
Executive Vice President-Chief Customer, Strategy and Innovation Officer
|
Mahaffey, Michael W.
|
Senior Vice President-NF Strategic Customer Solutions
|
Ambrozy, Tina S.
|
Senior Vice President-Strategic Planning
|
Amodeo, Daniel W.
|
Senior Vice President-Marketing Management - Financial Services
|
Bair, Ann S.
|
Senior Vice President-Corporate Controller and Chief Accounting Officer
|
Benson, James D.
|
Senior Vice President-P&C Legal
|
Boyer, John N.
|
Senior Vice President-Human Resources - IT & Legal
|
Bretz, Angela D.
|
Senior Vice President-Internal Audit
|
Burchwell, Jason E.
|
Senior Vice President-Nationwide Pet
|
Carnes, Joel R.M.
|
Senior Vice President-Chief Technology Officer - Nationwide Financial
|
Carrel, Michael W.
|
Senior Vice President-Chief Investment Officer
|
Coleman, Joel L.
|
Senior Vice President-Chief Compliance Officer
|
Dankovic, Rae Ann
|
Senior Vice President-Chief Risk Officer
|
Diem, Klaus K.
|
Senior Vice President-External Affairs
|
English, Steven M.
|
Senior Vice President-Trial Division
|
Failor, Scott E.
|
Senior Vice President-Chief Financial Officer - Nationwide Financial and Director
|
Ginnan, Steven A.
|
Senior Vice President-Annuity Distribution
|
Guymon, Rona
|
Senior Vice President-Nationwide Annuity and Director
|
Hawley, Craig A.
|
Senior Vice President-Legal - NF
|
Innis-Thompson, Janice
|
Senior Vice President-Investment Management Group
|
Jestice, Kevin T.
|
Senior Vice President-Chief Innovation and Digital Officer
|
Kandhari, Chetan D.
|
Senior Vice President-Chief Technology Officer - Technology Strategy, Data &
Innovation
|
Kolp, Melanie A.
|
Senior Vice President and Treasurer
|
LaPaul, David
|
Senior Vice President-Chief Information Security Officer
|
Lukens, Todd
|
Senior Vice President-Marketing Management - P&C
|
MacKenzie, Jennifer B.
|
Senior Vice President-Corporate Development and Finance
|
O'Brien, Kevin G.
|
Senior Vice President-Corporate Solutions
|
Perez, Juan J.
|
Senior Vice President-Talent & Organization Effectiveness
|
Pheister, Erin R.
|
Senior Vice President-Retirement Solutions Sales
|
Porter, Richard
|
Senior Vice President-Nationwide Retirement Institute
|
Rodriguez, Kristi L.
|
Senior Vice President-Finance & Strategy Legal and Corporate Secretary
|
Skingle, Denise L.
|
Senior Vice President-Nationwide Life and Director
|
Snyder, Holly R.
|
Senior Vice President-Total Rewards
|
Sonneman, Christopher P.
|
Senior Vice President-Retirement Solutions
|
Stevenson, Eric
|
Senior Vice President-Chief Technology Officer - Property & Casualty
|
Vasudeva, Guruprasad C.
|
Senior Vice President-E-Risk Services - E&S/Specialty
|
Walsh, James
|
Senior Vice President-Human Resources - NF
|
Webster, Cynthia S.
|
Director
|
Walker, Kirt A.
|
Company
|
Jurisdiction
of Domicile
|
Brief Description of Business
|
Nationwide Financial Services, Inc.
|
Delaware
|
The company acts primarily as a holding company for
companies within the Nationwide organization that offer or
distribute life insurance, long-term savings and retirement
products.
|
NFS Distributors, Inc.
|
Delaware
|
The company acts primarily as a holding company for
Nationwide Financial Services, Inc. companies.
|
Nationwide Financial General Agency, Inc.
|
Pennsylvania
|
The company is a multi-state licensed insurance agency.
|
Nationwide Fund Distributors, LLC
|
Delaware
|
The company is a limited purpose broker-dealer.
|
Nationwide Fund Management, LLC
|
Delaware
|
The company provides administration, transfer and
dividend disbursing agent services to various mutual fund
entities.
|
Nationwide Retirement Solutions, Inc.
|
Delaware
|
The company markets and administers deferred
compensation plans for public employees.
|
Nationwide Securities, LLC
|
Delaware
|
The company is a general purpose broker-dealer and
investment adviser registered with the Securities and
Exchange Commission.
|
Nationwide Trust Company, FSB
|
Federal
|
This is a federal savings bank chartered by the Office of
Thrift Supervision in the United States Department of
Treasury to exercise deposit, lending, agency, custody
and fiduciary powers and to engage in activities
permissible for federal savings banks under the Home
Owners' Loan Act of 1933.
|
Nationwide Financial Services Capital Trust
|
Delaware
|
The trust's sole purpose is to issue and sell certain
securities representing individual beneficial interests in the
assets of the trust
|
525 Cleveland Avenue, LLC
|
Ohio
|
This is a limited liability company organized under the
laws of the State of Ohio. The company was formed to
provide remedial real property cleanup prior to sale.
|
Nationwide Life Insurance Company 2
|
Ohio
|
The corporation provides individual life insurance, group
and health insurance, fixed and variable annuity products
and other life insurance products.
|
Jefferson National Life Insurance Company2,3
|
Texas
|
The company provides life, health and annuity products.
|
Jefferson National Life Annuity Company C2,3
|
|
A separate account issuing variable annuity products.
|
Jefferson National Life Annuity Account E2,3
|
|
A separate account issuing variable annuity products.
|
Jefferson National Life Annuity Account F2,3
|
|
A separate account issuing variable annuity products.
|
Jefferson National Life Annuity Account G2,3
|
|
A separate account issuing variable annuity products.
|
Jefferson National Life Insurance Company of
New York2,3
|
New York
|
The company provides variable annuity products.
|
Jefferson National Life of New York Annuity
Account 12,3
|
|
A separate account issuing variable annuity products.
|
MFS Variable Account2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Company
|
Jurisdiction
of Domicile
|
Brief Description of Business
|
Nationwide Multi-Flex Variable Account2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-II2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-32,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-42,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-52,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-62,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-72,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-82,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-92,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-102,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-112,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-122,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-132,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-142,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Variable Account-152,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Provident VA Separate Account 12,3
|
Pennsylvania
|
A separate account issuing variable annuity contracts.
|
Nationwide VLI Separate Account2,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide VLI Separate Account-22,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide VLI Separate Account-32,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide VLI Separate Account-42,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide VLI Separate Account-52,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide VLI Separate Account-62,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide VLI Separate Account-72,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide Provident VLI Separate Account 12,3
|
Pennsylvania
|
A separate account issuing variable life insurance
policies.
|
Nationwide Investment Services Corporation3
|
Oklahoma
|
This is a limited purpose broker-dealer and distributor of
variable annuities and variable life products for
Nationwide Life Insurance Company and Nationwide Life
and Annuity Insurance Company. The company also
provides educational services to retirement plan sponsors
and its participants.
|
Nationwide Financial Assignment Company3
|
Ohio
|
The company is an administrator of structured
settlements.
|
Nationwide Investment Advisors, LLC3
|
Ohio
|
The company provides investment advisory services.
|
Eagle Captive Reinsurance, LLC3
|
Ohio
|
The company is engaged in the business of insurance
|
Nationwide Life and Annuity Insurance
Company2,3
|
Ohio
|
The company engages in underwriting life insurance and
granting, purchasing and disposing of annuities.
|
Nationwide VA Separate Account-A2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide VA Separate Account-B2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide VA Separate Account-C2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide VA Separate Account-D2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
Nationwide Provident VA Separate Account
A2,3
|
Delaware
|
A separate account issuing variable annuity contracts.
|
Nationwide VL Separate Account-C2,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide VL Separate Account-D2,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Nationwide VL Separate Account-G2,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
Company
|
Jurisdiction
of Domicile
|
Brief Description of Business
|
Nationwide Provident VLI Separate Account
A2,3
|
Delaware
|
A separate account issuing variable life insurance
policies.
|
Olentangy Reinsurance, LLC3
|
Vermont
|
The company is a captive life reinsurance company.
|
Nationwide SBL, LLC
|
Ohio
|
The company is a lender offering securities-back lines of
credit.
|
Registered Investment Advisors Services, Inc.
|
Texas
|
The company is a technology company that facilitates
third-party money management services for registered
investment advisors
|
Nationwide Fund Advisors4
|
Delaware
|
The trust acts as a registered investment advisor.
|
Jefferson National Life Annuity Account C
|
Nationwide Variable Account-14
|
Jefferson National Life Annuity Account E
|
Nationwide Variable Account-15
|
Jefferson National Life Annuity Account F
|
Nationwide VA Separate Account-A
|
Jefferson National Life Annuity Account G
|
Nationwide VA Separate Account-B
|
Jefferson National Life of New York Annuity Account 1
|
Nationwide VA Separate Account-C
|
MFS Variable Account
|
Nationwide VA Separate Account-D
|
Multi-Flex Variable Account
|
Nationwide VLI Separate Account
|
Nationwide Variable Account
|
Nationwide VLI Separate Account-2
|
Nationwide Variable Account-II
|
Nationwide VLI Separate Account-3
|
Nationwide Variable Account-3
|
Nationwide VLI Separate Account-4
|
Nationwide Variable Account-4
|
Nationwide VLI Separate Account-5
|
Nationwide Variable Account-5
|
Nationwide VLI Separate Account-6
|
Nationwide Variable Account-6
|
Nationwide VLI Separate Account-7
|
Nationwide Variable Account-7
|
Nationwide VL Separate Account-C
|
Nationwide Variable Account-8
|
Nationwide VL Separate Account-D
|
Nationwide Variable Account-9
|
Nationwide VL Separate Account-G
|
Nationwide Variable Account-10
|
Nationwide Provident VA Separate Account 1
|
Nationwide Variable Account-11
|
Nationwide Provident VA Separate Account A
|
Nationwide Variable Account-12
|
Nationwide Provident VLI Separate Account 1
|
Nationwide Variable Account-13
|
Nationwide Provident VLI Separate Account A
|
President and Director
|
Ambrozy, Tina S.
|
Senior Vice President and Secretary
|
Skingle, Denise L.
|
Vice President-Tax
|
Eppley, Daniel P.
|
Vice President and Assistant Secretary
|
Garman, David A.
|
Vice President-Chief Compliance Officer
|
Rabenstine, James J.
|
Vice President-Chief Tax Officer
|
Scheiderer, Kevin P.
|
Vice President-CFO - Life Insurance
|
Wild, Keith D.
|
Associate Vice President-NF Compliance - Strategic Customer Solutions
|
Deleget, J. Brian
|
Associate Vice President and Assistant Treasurer
|
Hacker, Hope C.
|
Associate Vice President and Assistant Treasurer
|
Radabaugh, Nathan
|
Associate Vice President and Treasurer
|
Roswell, Ewan T.
|
Associate Vice President and Assistant Treasurer
|
Walker, Tonya G.
|
Assistant Secretary
|
Bowman, Heidi K.
|
Assistant Secretary
|
Dokko, David H.
|
Assistant Secretary
|
Hartman, Mark E.
|
Director
|
Hawley, Craig A.
|
Director
|
Stevenson, Eric
|
Name of Principal Underwriter
|
Net Underwriting
Discounts
|
Compensation on
Redemption
|
Brokerage
Commissions
|
Other
Compensation
|
Nationwide Investment Services Corporation
|
N/A
|
N/A
|
N/A
|
N/A
|
Nationwide Variable Account
|
(Registrant)
|
By: /s/ John L. Carter*
|
John L. Carter
President and Chief Operating Officer
|
Nationwide Life Insurance Company
|
(Depositor)
|
By: /s/ John L. Carter*
|
John L. Carter
President and Chief Operating Officer
|
/s/ JOHN L. CARTER*
|
|
John L. Carter, President and Chief Operating Officer
and Director (Principal Executive Officer)
|
|
/s/ HOLLY R. SNYDER*
|
|
Holly R. Snyder, Senior Vice President and Director
|
|
/s/ TIMOTHY G. FROMMEYER*
|
|
Timothy G. Frommeyer, Executive Vice President and
Director
|
|
/s/ CRAIG A. HAWLEY*
|
|
Craig A. Hawley, Senior Vice President-Nationwide
Annuity and Director
|
|
/s/ STEVEN A. GINNAN*
|
|
Steven A. Ginnan, Senior Vice President-Chief Financial
Officer-Nationwide Financial and Director
(Chief Financial Officer)
|
|
/s/ KIRT A. WALKER*
|
|
Director
|
|
/s/ JAMES D. BENSON*
|
|
James D. Benson, Senior Vice President-Corporate
Controller and Chief Accounting Officer
(Principal Accounting Officer)
|
|
|
*By: /s/ Jamie Ruff Casto
|
|
Jamie Ruff Casto
Attorney-in-Fact
Pursuant to Power of Attorney
|