457(b) Options

We've expanded our 457(b) options to give you more choice. We’ve also teamed up with Morningstar Associates, LLC to give you two new options that provide you with investment fiduciary support. We will work with you to help you choose the best Nationwide Freedom SeriesSM option for your plan:

Nationwide Freedom®

  • Competitive fixed rate1
  • Over 40 mutual funds from the majority of asset classes
  • Participant Solutions Center for big-picture participant guidance beyond a 4572,3

Nationwide FreedomPro®

  • Investment Fiduciary Services from Morningstar Associates
  • Fund lineup selection and monitoring
  • Competitive fixed rate1
  • Over 30 mutual funds from the majority of asset classes
  • Participant Solutions Center for big-picture participant guidance beyond a 4572,3

Nationwide FreedomPro+® 5

  • Zero administrative fees4
  • Investment Fiduciary Services from Morningstar Associates
  • Fund lineup selection and monitoring
  • Competitive fixed rate1
  • Over 30 mutual funds from the majority of asset classes
  • Participant Solutions Center for big-picture participant guidance beyond a 4572,3
457 guidebook cover

457 Guidebook

A look inside the essential guide you need to run your 457 plan

One of the most important roles of a 457 plan sponsor is to maintain the tax-favored status of the plan for participants and beneficiaries. To help you with that task, we give our plan sponsors the 457 Guidebook: Answers to Your Questions About 457 Plans.

It is a reference guide designed to help you understand the rules and requirements that apply to eligible governmental deferred compensation plans under Internal Revenue Code §457(b).

To get a copy of the 457 Guidebook, contact us by calling 1-877-677-3678.

While this guide may be used as a basic reference, employers, plan sponsors and administrators should always consult their own legal counsel and carefully review plan documents when designing, amending and administering their 457 plans.

1 For FrontLine Deferred Compensation Plans, the interest rate may be less depending on the plan selected. Interest rate declared quarterly and subject to change. This is an effective annual yield.
2 Nationwide offers the Participant Solutions Center through our affiliate Nationwide Securities, LLC. The products and services offered by Nationwide Securities, LLC are separate and distinct from the plan administration services that are provided by Nationwide Retirement Solutions, Inc.
3 Optional Feature.
4 Based on plan size.
5 Only available to plans with $500,000 or more of assets

Investment advisory services are provided by Morningstar Associates, LLC, a registered investment advisor and a wholly owned subsidiary of Morningstar, Inc. Neither Morningstar Associates, LLC, nor Morningstar, Inc. is affiliated with Nationwide or its affiliates. The Morningstar name and logo are registered marks of Morningstar, Inc. The unregistered group variable and fixed annuity is issued by Nationwide Life Insurance Company, Columbus, OH. Contract number NRC-0105AO, NRC-0105OR, NRC-0106AO, NRC-0106OR. In Oklahoma only: NRC-0105OK, NRC-0106OK.

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. Nationwide Mutual Insurance Company and Affiliated Companies, Home Office: Columbus, OH 43215-2220.