0001193125-20-036700.txt : 20200214 0001193125-20-036700.hdr.sgml : 20200214 20200214072835 ACCESSION NUMBER: 0001193125-20-036700 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200214 DATE AS OF CHANGE: 20200214 EFFECTIVENESS DATE: 20200214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONWIDE VARIABLE ACCOUNT II CENTRAL INDEX KEY: 0000356514 IRS NUMBER: 314156830 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-182494 FILM NUMBER: 20613878 BUSINESS ADDRESS: STREET 1: NATIONWIDE LIFE INSURANCE CO STREET 2: ONE NATIONWIDE PLZ CITY: COLUMBUS STATE: OH ZIP: 43216 BUSINESS PHONE: 614-249-7111 MAIL ADDRESS: STREET 1: NATIONWIDE LIFE INSURANCE CO STREET 2: ONE NATIONWIDE PLAZA CITY: COLUMBUS STATE: OH ZIP: 43216-6609 FORMER COMPANY: FORMER CONFORMED NAME: NATIONWIDE SPECTRUM VARIABLE ACCOUNT DATE OF NAME CHANGE: 19870428 0000356514 S000009005 NATIONWIDE VARIABLE ACCOUNT-II C000118174 Nationwide Destination Architect 2.0 497 1 d785519d497.htm NW DESTINATION ARCHITECT (333-182494) NW Destination Architect (333-182494)
Nationwide Life Insurance Company
Nationwide Variable Account-II
Prospectus supplement dated March 1, 2020
to the following prospectus(es):
Nationwide DestinationSM Architect 2.0 prospectus dated May 1, 2019
This supplement updates certain information contained in your prospectus. Please read it and keep it with your prospectus for future reference.
This Rate Sheet Supplement ("Supplement") should be read and retained with the prospectus for Nationwide DestinationSM Architect 2.0. If you need another copy of the prospectus please contact Nationwide's Service Center at 1-800-848-6331.
Nationwide is issuing this Supplement to provide the current:
Lifetime Withdrawal Percentages for the 7% Nationwide Lifetime Income Rider and Joint Option for the 7% Nationwide Lifetime Income Rider (collectively, "Nationwide L.inc Percentages")
The Nationwide L.inc Percentages provided below apply only to applications signed between March 1, 2020 and March 31, 2020.
Nationwide L.inc Percentages may be different for applications signed after March 31, 2020. Therefore, it is important that you have the most current Rate Sheet Supplement as of the date you sign the application. This Supplement replaces and supersedes any previous Rate Sheet Supplement and must be used in conjunction with the prospectus.
If your application was signed prior to the time period shown above, please refer to your contract for the Nationwide L.inc Percentages that are applicable to your contract, or contact Nationwide's Service Center for the Nationwide L.inc Percentages applicable to your contract. All Rate Sheet Supplements are available by contacting the Service Center, and also are available on the EDGAR system at www.sec.gov (file number: 333-182494).
7% Nationwide Lifetime Income Rider and Joint Option for the 7% Nationwide Lifetime Income Rider
Contract Owner's Age
(at the time of the first Lifetime Withdrawal)
7% Nationwide Lifetime Income Rider's
Lifetime Withdrawal Percentages*
Joint Option for the
7% Nationwide Lifetime Income Rider's
Lifetime Withdrawal Percentages*
45 up to 59½** 3.35% 3.10%
59½ through 64 4.35% 4.10%
65 through 69 5.40% 5.15%
70 through 74 5.50% 5.25%
75 through 80 5.85% 5.60%
81 and older 6.35% 6.10%
* The Lifetime Withdrawal Percentage is determined based on the age of the Contract Owner at the time of the first Lifetime Withdrawal, or if the Joint Option is elected, the age of the younger spouse at the time of the first Lifetime Withdrawal. A Contract Owner will receive the greatest Lifetime Withdrawal Percentage only if he or she does not take a Lifetime Withdrawal prior to age 81.
** In New York, the minimum lifetime withdrawal age is 50.
PRO-0056-R43-0320
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