gregscheerinsuranceadmin's blog

A retirement plan should offer features that work for you and your employees.

At Nationwide, we make it easier for you with our:
    • Retail mutual fund choices
    • Options for nearly every investment style
    • Solid legal protection
    • Straightforward fees and pricing

Retail mutual fund choices
We offer a wide variety of funds for most every type of investor. They’re familiar names that many participants know - and have confidence in.

There are four types of plans for you to choose from:
Defined Benefit
A defined benefit plan offers a series of life-long monthly payments starting when a participating employee retires. It uses a standard actuarial funding method, minimum funding requirements and plan sponsors have funding-plan flexibility.

Profit Sharing
A profit-sharing plan lets you make contributions to your employees’ retirement accounts from year to year. The risk and reward of the investment is contained inside the employee accounts.

We help you offer the right one for your employees.

A group retirement plan – often known as a 401k, 403b or 457 – can do more than help your company attract and keep qualified employees. Much more.

Group retirement plans can:

    • Create tax advantages for them – and for your business
    • Encourage employees to save and invest for the future
    • Show that you want to invest in them

The underlying funds listed below are only available as investment options in variable insurance products issued by life insurance companies. They are not offered or made available directly to the public. These portfolios may contain different investments than the similarly named mutual funds offered by the money manager; therefore, investment results may differ. Fund holdings and investment strategies are subject to change. Investments in some funds may involve certain risks and may not be appropriate for all investors.

The Next Generation Corporate VUL product is specifically designed for corporate-owned or sponsored executive benefit plans from public or large privately held corporations. This product combines flexibility, and life insurance protection with professionally managed investment options. The cash value enhancements feature helps to make this product attractive to corporations with balance sheet sensitivity.

Nationwide FUTURE Corporate VUL product is designed specifically for corporate-owned or sponsored executive benefit plans from public or large privately held corporations. The cash value enhancement feature helps to make this product attractive to corporations with balance sheet sensitivity. This product combines life insurance protection with professionally managed investment options.

Before deciding on a variable life insurance policy, you should carefully consider the investment objectives, risks, charges and expenses of the policy and its investment options.

Specifically designed for institutional buyers, COLI policies offer non-qualified options to help attract and retain key executives.

Our corporate life insurance services provide you with the personalized information you need to make a decision on buying corporate owned life insurance.

Before deciding on a variable universal life insurance policy, you should carefully consider the investment objectives, risks, charges and expenses of the policy and its investment options.

An incentive plan using life insurance to benefit your key employees

Why offer an executive bonus plan?
You have to have the right professionals working with you to get the job done. Do you have what it takes to retain the employees who mean the most to your business?

An executive bonus plan using life insurance from Nationwide® may provide just the incentive you need to hang on to your most important employees.

A nonqualified deferred compensation plan that allows you to reward your best employees without the strict funding and participation guidelines of qualified plans

What are the business benefits?
The Nationwide Corporate Incentive Program® (TNCIP) is a nonqualified, 401(k) mirror deferred compensation plan that provides benefits for both the employer and the top executives without the reporting and disclosure requirements of qualified plans and without the fiduciary responsibility and liability of qualified plans.

You built your company from the ground up – and your employees have been with you every step of the way. So how do you help make sure they continue working for you – and not your competition?

Show them their true value with a nonqualified deferred compensation plan from Nationwide®.

Benefits for your business
A nonqualified deferred compensation plan: