The Nationwide® STAR Program: A Qualified Defined Benefit Plan
We know you want a retirement plan that is sound, disciplined and secure. But, we also know that your focus isn’t best spent worrying about your fiduciary obligations and commitment to your employees. You need to focus on what you do best—running your business.
We can offer a smarter, simpler choice to help you do just that.
Good business sense
A defined benefit plan can provide significant tax benefits and employee satisfaction. Consider:
- Retirement benefits can be maximized
- Both your organization and your employees can enjoy favorable tax treatment
- Owner employees and other highly compensated associates may be eligible to receive greater benefits, compared to traditional defined contribution plans
- Plan assets grow tax-deferred
- Fixed and predetermined employee benefits offer greater retirement security, which may help attract and retain quality workers
- Employees who are closer to retirement may accumulate benefits more quickly
Your employees benefit, too
Your Nationwide® STAR Program offers increased retirement investments. For instance:
- Your employees know their specific retirement benefits in advance
- More money can be put aside for those closer to retirement
- Contributions accumulate without employee cost or contribution and contributions are not taxable until distributed
Learn more about the Nationwide® STAR Program.
Nationwide® STAR Program is a Defined Benefit Plan with the retirement plan funded through the Selector+ Group Variable Annuity Contract and its related services are issued by Nationwide Life Insurance Company of America, 1000 Chesterbrook Boulevard, Berwyn, PA 19312-1084, 1-800-523-4681, extension 1420.
Neither the company nor its representatives provide legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.
The use of diversification and asset allocation as part of an overall investment strategy does not assure a profit of protect against loss in a declining market.
Investing involves market risk, including loss of principal.
It is the responsibility of the plan’s investment fiduciaries to select this service in accordance with the plan’s established investment criteria.
This service is separate and apart from the actual sale of any Nationwide® product which may be used to provide the plan’s underlying investments.
The Nationwide® Group Retirement Series includes unregistered group fixed and variable annuities and trust programs. The unregistered group fixed and variable annuities are issued by Nationwide Life Insurance Company. Trust programs and trust services are offered by Nationwide Trust Company, FSB a division of Nationwide Bank®. Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation. Nationwide Mutual Insurance Company and Affiliated Companies, Home Office: Columbus, OH 43215-2220.
Nationwide, Nationwide Financial, the Nationwide framemark, and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company.
NFW-1563AO (04/08)
