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.
Money Purchase
A money purchase lets you make fixed annual contributions into an employee’s individual account. The risk and reward of the investment is contained inside the employee accounts.
Cash Balance
A cash balance plan is a stated account balance that must be met by you. The risk and reward of the investment rests with you.
Get more information now!
For more information about any of these plan types and their administration, call 1-800-523-4681, extension 1420.
The Nationwide® Group Retirement Series includes unregistered group fixed and variable annuities and trust programs. The unregistered group fixed and variable annuities are issued by Nationwide Life Insurance Company. Trust programs and trust services are offered by Nationwide Trust Company, FSB a division of Nationwide Bank®. Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation. Nationwide Mutual Insurance Company and Affiliated Companies, Home Office: Columbus, OH 43215-2220.
The use of asset allocation does not guarantee returns or insulate you from potential losses. Neither the company nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.
Nationwide, Nationwide Financial, the Nationwide framemark, and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company.
NFW-1557AO (04/08)