03.27.23

Nationwide, Fidelity Partner for New Annuity Product

by: Karen DeMasters

Nationwide and Fidelity Investments have partnered on a new product, the Nationwide Personal IncomeSM Annuity, which will be distributed through the Fidelity Insurance Network’s 3,400 financial professionals. “Nationwide created this new product, which is a variable annuity with guaranteed lifetime withdrawal benefit, to give Fidelity customers who may be looking for a solution that can provide retirement income while maintaining the ability to grow their savings with another option to consider,” Tina Ambrozy, senior vice president of Nationwide Financial Strategic Customer Solutions, said. “This strategic relationship creates tremendous opportunities for Nationwide and Fidelity to deliver valuable solutions to more customers.”

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