A Spousal Protection Death Benefit Feature also is available on IRAs
This feature is even available on IRAs where there is a single owner. Nationwide variable annuities are annuitant-driven, which gives them more flexibility. That’s important since IRAs can have only one account owner with a death benefit that’s paid to the contract beneficiary.
With spousal protection, an IRA account owner can be named annuitant and their spouse co-annuitant; both can be named a beneficiary. As a result, the death benefit will go to the surviving spouse, no matter which spouse passes away first.
See how it works
Our client guide helps explain how the Spousal Protection Death Benefit can help you and your spouse provide for each other regardless of who passes away first, even if only one of you owns the contract.
Offers retirement income for those planning for or living in retirement.
Offers growth potential and guaranteed lifetime income, without the high fees.
Offers tax-deferred growth and varied investment choices in retirement.
Offers tax-deferred growth and varied investment choices to help prepare you for retirement.
Offers competitive, low-cost, investment-focused variable annuity (IFVA).