Save for Retirement With an Insurance-Based Retirement Plan

You’ve planned, saved, worked and invested, but you’re still not sure you’ll have enough money for the retirement you’ve envisioned. So what do you do? You may just find the answer you’re looking for with life insurance. With an insurance-based retirement plan (IBRP) from Nationwide®, you may be able to protect your family’s future through a death benefit while you save for retirement.

Benefits of an insurance-based retirement plan 
Your family can rest assured they are protected through your working years by the limited death benefit guarantee of the IBRP. And a tax-preferred cash flow can be received from the policy by withdrawals and loans (assuming a non-modified endowment contract remains in force) to help provide a retirement income to supplement other sources.1 

Using variable universal life insurance as a supplemental retirement plan
An insurance-based retirement plan using variable life insurance offers the potential for safety, flexibility and control. Consider these facts:

Potential for safety
The death benefit guarantees provide basic insurance protection for you and your family
The income tax-free death benefit transfers wealth to your beneficiaries, and if properly structured, estate-tax free, too
Flexibility and control
One premium covers both your life insurance protection and supplemental retirement accumulation needs
There are no contribution limits, unlike qualified retirement plans, and no impact on existing qualified plans
The policy’s cash value grows tax deferred avoiding the burden of additional taxes during the working years
You can choose how much premium is paid by you and how often – within certain limits
You can choose when to make retirement withdrawals and how much they will be
For more specific information and answers to your investment questions contact your investment professional today. Don’t have one? Learn why to work with an investment professional and how to choose one.

1 Regarding access to money via loans and partial withdrawals, this assumes the contract qualifies as life insurance under section 7702 of the Internal Revenue Code (IRC) and is not a modified endowment contract (MEC) under section 7702A. As long as the contract meets non-MEC definitions under section 7702A, most distributions are taxed on a first-in/first-out basis. Loans and partial withdrawals from a MEC will generally be taxable, and if taken prior to age 59½, may be subject to a 10% tax penalty.

What you and your employees should keep in mind
This strategy does not guarantee returns or insulate you from losses
As your personal situations change (e.g., marriage, birth of a child or job promotion), so will your life insurance needs; care should be taken to ensure that this strategy and product 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
Investing involves market risk, including the possible loss of principal
In order to avoid lapse, you may need additional premiums
Variable life products allow the policyholder to choose an appropriate amount of life insurance that has an additional cost associated with it
Loans and partial withdrawals will reduce the cash value and the death benefits payable to your beneficiaries, and withdrawals above the available free amount will incur surrender charges
Nationwide® and its representatives do not give legal or tax advice; you should consult your legal or tax advisor for answers to specific tax questions
Surrender charges vary by issue age, gender, underwriting rate class and product; these charges decline over time, so please see your prospectus for details
The death benefit and all guarantees are subject to the claims-paying ability of the issuing insurance company, they do not apply to the investment performance or safety of the underlying investment options. 
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.

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

Life insurance products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Life Insurance Company, Columbus, Ohio.