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People also ask
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What is the Nationwide Destination dom SM Variable Annuity?
The Nationwide Destination dom SM Variable Annuity is a flexible investment vehicle designed to help individuals save for retirement. It offers various investment options and features that allow for customizable strategies to meet individual financial goals.
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What are the main benefits of the Nationwide Destination dom SM Variable Annuity?
This annuity offers several key benefits, including tax-deferred growth, a variety of investment choices, and the potential for lifetime income. Its features are designed to provide security and flexibility for your retirement planning.
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How does pricing work for the Nationwide Destination dom SM Variable Annuity?
Pricing for the Nationwide Destination dom SM Variable Annuity includes underlying investment costs and possible fees for optional benefits. It's important to review the specific fee structure in your contract to fully understand the costs associated with your investment.
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Can I customize my investment strategy with the Nationwide Destination dom SM Variable Annuity?
Yes, the Nationwide Destination dom SM Variable Annuity allows for customization of your investment strategy. You can choose from various funds and options that align with your risk tolerance and financial objectives.
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What features are included in the Nationwide Destination dom SM Variable Annuity?
The Nationwide Destination dom SM Variable Annuity includes key features such as flexible withdrawal options, guaranteed living benefits, and access to a range of investment portfolios. These features can help enhance your retirement savings strategy.
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How do I integrate the Nationwide Destination dom SM Variable Annuity into my existing retirement plan?
Integrating the Nationwide Destination dom SM Variable Annuity into your retirement plan can enhance your overall savings strategy. We recommend consulting with a financial advisor to determine the best approach based on your unique financial situation.
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What are the tax implications of the Nationwide Destination dom SM Variable Annuity?
The Nationwide Destination dom SM Variable Annuity offers tax-deferred growth, meaning you won't pay taxes on your earnings until you withdraw funds. This can be advantageous for long-term retirement savings, but it's essential to understand potential tax consequences upon withdrawal.
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