Transfer of Assets to Nationwide - For Financial Advisors 2025

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Individuals must pay an additional 10% early withdrawal tax unless an exception applies. Use Form 5329 to report distributions subject to the 10% additional tax on early distributions from a qualified retirement plan, including traditional IRAs.
Receive assistance and information even when you dont have a local financial professional. Contact a Nationwide financial specialist 9 a.m. 8:00 p.m. ET, Monday through Friday, at 1-855-529-2729.
If you are under the age of 59, you may incur an early withdrawal penalty equal to 10% of the withdrawal amount, and thats in addition to the income tax on the earnings.
You can avoid an additional 10% early withdrawal tax by leaving your money in the 401(k) plan. Because 401(k)s are retirement savings plans designed to help you save for retirement, any money you take out early will be subject to an additional 10% early withdrawal tax unless an exception applies.
Nationwides online withdrawal service Easy self-service options to apply for withdrawals online, with proactive status alerts keeping participants informed throughout the process.
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The minimum you can withdraw from a cash machine in the UK or abroad, or in a Nationwide branch using any credit card, is 10 per day. The maximum amount each card holder can withdraw per day from a cash machine is 300. The maximum withdrawal in a Nationwide branch is 500.
Nationwide provides a full range of insurance and financial services products including life insurance, public and private sector retirement plans, annuities, and mutual funds available through Nationwide Financial.
Mail the original document to Nationwide Retirement Solutions, PO Box 182797, Columbus, OH 43218-2797 or fax to (877) 677-4329.

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