Two new fixed indexed annuities are on the market, this time from Nationwide.
The new FIAs, Nationwide Summit and Nationwide Peak, are designed to help advisors with risk-averse clients approaching retirement provide an option for some growth potential with the comfort of a principal guarantee.
The new FIAs allow advisors and clients to choose their own index allocation mix by percentage, and to choose one or multiple indices for an individualized index allocation strategy. Clients also can allocate some of their investment to the guaranteed fixed account in addition to the indices.
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