October 04, 2012
--- Nationwide
Financial Services added the Nationwide Fixed Select Contract to its retirement
plan offerings to help participants grow plan assets and meet retirement needs. ---
The group fixed annuity contract—offered to target benefit,
profit sharing, 457, 401(a) and 401(k) plans—provides participants a
competitive interest rate, stability and protection. Both principal and
interest payments, minus applicable fees and expenses, are guaranteed by Nationwide
Life Insurance Company.
“The market crisis, ongoing economic uncertainty and
low-interest rat environment have changed Americans’ perspectives on retirement
savings, and more are looking for ways to earn a competitive rate of return
while protecting their principal,” said Larry Hilsheimer, president of
retirement plans for Nationwide Financial. “The Nationwide Fixed Select
Contract provides participants with the stability and protection they want,
while still offering them a competitive rate of return and the flexibility to
make in-plan exchanges to non-competing investment options, without
penalty.”
For more information about the new Nationwide Fixed Select
Contract, call 800-626-3112.
PLANADVISER staff