Nationwide

Nationwide

Annuities only

Link to Forms: No public forms 
Third Party Authorization Allowed: Yes
To set up a Third Party Authorization: They would need to send in the Nationwide Third Party Notice form. 
Forms attached here: Mutual LPOA form, Third Party Notice Form

Tax Information

Available OnlineMailed to the Client
RMDsHave to call January 15th or check December statementN/A but it is on the December statement if they are mailed that
1099-RN/A to advisors, however, we can call to be emailed a copyMailed by 02/01 to the clients or they can access online
5498 N/A to advisors, however, we can call to be emailed a copyMailed by 02/01 to the clients or they can access online

Money Movements
*Paperwork always accepted
*Mutual ALWAYS needs a LPOA on file if we are eligible to call in a request

Mutual
Client
Third Party
DPOA
Distributions
-No. We also cannot cancel distributions.
-Can call a phone withdrawal if under $50k to their AOR or via ACH if the account is already on file. Please note, this is contract specific so some contracts may not 

No
Written may be accepted, it depends on the roles and responsibilities listed in the DPOA legal document
Contribution
-No. We also cannot cancel contributions. 
-No, contributions are via check deposit only- however, check the contract to see if it allows for extra deposits

No

Written may be accepted, it depends on the roles and responsibilities listed in the DPOA legal document

Trading
-The Nationwide Exchange/Allocation Authorization Request form must be completed once giving us authorization. If we have our LPOA form on file (needed only once), then we will call in the request with the Mutual Securities Rebalance/Reallocation form (needed every time)
No
Depends on the roles and responsibilities listed in the DPOA legal document

Processing Times
*keep in mind will be longer when there are higher volumes

Financial Requests-Processed same business day if received in good order before 4 PM EST
Non-Financial Requests (such as beneficiary changes or address changes)-3-5  business days
Third Party Authorization-3-5 business days
Durable Power of Attorney- 3-5 business days



Account Maintenance

MutualClientThird Party AuthorizationDPOA
Beneficiary ChangeNo-Only via formNoDepends on the roles and responsibilities listed in the DPOA legal document - Case by Case situation
Statement Preferences (mail or email)We can turn off physical mail being delivered, but only the client can create an online profile and enable notifications that there is a statement available to look at in the portal. Owners only on the website under Delivery Preferences NoDepends on the roles and responsibilities listed in the DPOA legal document - Case by Case situation



Updating Contact Information

Mutual
Client
Third Party Authorization
DPOA
Address
Can update verbally with LPOA on file
Can update verbally 
No
-Depends on the roles and responsibilities listed in the DPOA legal document
Phone Number
Can update verbally with LPOA on file
Can update verbally 
No
Depends on the roles and responsibilities listed in the DPOA legal document
Email
Can update verbally with LPOA on file
Can update verbally 
No
Depends on the roles and responsibilities listed in the DPOA legal document

Miscellaneous
Durable Power of Attorney Requirements
DPOA Legal Document (make sure sigs are notarized) and a letter of instruction signed by the DPOA saying they are to be added to the account. 
ESignature accepted via DocuSign
Yes, for most forms include the Certification of Completion forms. 
Original Death Certificates Required
Copy is accepted on all types of accounts.



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