Retirement and Estate Planning

When you spend years focusing on your business and your employees, it’s easy to forget to take care of yourself.

Have you maxed out contributions to your qualified plans? If you have, deferring income through an insurance-based retirement plan (IBRP) may offer you and your employees a tax advantage. What is an IBRP, you ask? It’s a variable universal life insurance policy that can supplement your retirement benefits and provides death benefits to your survivors.

If you have ample retirement funds, a wealth transfer strategy can make sure your money goes where you want it to in a tax-efficient manner. Please keep in mind that neither the company nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.

Important points to consider
As your personal situation changes (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Take care to ensure that these strategies and products are suitable for your long-term life insurance needs. You should weigh your objectives, time horizon and risk tolerance as well as any associated costs before investing.

Be aware that market volatility may lead to additional premium in your policy. When investing, keep in mind that market risk associated with the variable product could cause the policy to lapse if you aren’t able to pay additional premium payments. Also, keep in mind that loans, withdrawals, and partial or whole surrenders can adversely affect the death benefit, may have adverse tax consequences, and could result in the policy lapsing.

With variable life insurance you’ll pay fees and charges that include costs of insurance. These charges vary with factors such as your gender, health and age. There are also underlying fund charges and expenses and additional charges for riders that customize a policy to fit your individual needs.

Variable products are sold by prospectus. Carefully consider the investment objectives, risks, charges and expenses that may apply before investing. The prospectus contains this and other important information about the investment company. To request a copy, contact your investment professional or write to Nationwide Life Insurance Company, P.O. Box 182150, Columbus, OH 43218-2150. Please read the product and underlying fund prospectuses carefully before investing.

Life insurance is issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, OH.

Not a deposit • Not FDIC or NCUSIF insured• Not guaranteed by the institution • Not insured by any federal government agency • May lose value