WorksheetsOCT19 NARIA Review
Total questions: 20
Worksheet time: 10mins
How Much does NARIA Cost
0.18%
1.50%
0.20%
$20/month
Standard Death Benefit is equal to what
Benefit Base
Contract Value
Initial Premium
Expense Ratio
What is the minimum Initial purchase Payment into NARIA?
$25,000
$15,000
$20,000
$3 Million
What is the MAX issue age for NARIA with ROP?
85
90
65
100
How much does ROP cost when used with the Low Cost Fund Platform on NARIA
.15%
0.25%
1.50%
NARIA IS
Owner Driven
Annuitant Driven
What is the benefit of ROP with Spousal Protection
we protect the Spouse from tax liabilities
We pay the Return of Premium on two lives
Nation wide is on your side
How much does Rider Cost?
0.80%
0.95%
1.20%
1.50%
How much does Rider Cost with the Joint Option?
0.80%
0.95%
1.20%
1.50%
RIDER is what kind of benefit?
Guaranteed Minimum Withdrawal Benefit
Guaranteed Minimum Income Benefit
Guaranteed Maximum Withdrawal Benefit
The Joint Option with Rider allows the surviving spouse to do what
Continue to receive the Lifetime Withdrawal Benefit
get a guaranteed rollup
discount the contracts fees
What are the Required Asset Allocations for Rider
None, Open Architecture
50% Equity 50% Fixed
Asset Location
Maximum Diversification
With Rider the Income Benefit will equal the highest Contract Value on any
Contract Anniversary
Given Sunday
Social Security payout
High Water Mark
With Linc the Rollup Feature Provides what
a 7% Simple Rollup
7% Step up
Tax Deferral
How Much Does Linc cost?
1.20%
1.50%
0.80%
0.95%
How much does Linc cost with the Joint Option
1.50%
1.20%
0.80%
0.95%
What are the Asset Allocation Restrictions with Linc
50% fixed 50% equity
none, Open Architecture
70% fixed, 30% equity
In NARIA, Advisor Fee;s can be taken out fo the contract without effecting the benefit base up to how much?
1.50%
1.20%
0.80%
0.95%
Terry expressed his need to aggressively save for retirement but is concerned about market volatility.
Which Rider is most appropriate
Retirement Income Developer (Rider)
Nationwide Lifetime Income Rider Advisory Option (Linc)
Return of Premium
Downside Protection
Greg is looking forward to retiring from his job in the next 7 to 10 year. He’ll need additional funds to cover essential expenses while having some discretionary income. Which NARIA rider is most appropriate.
Retirement Income Developer (Rider)
Nationwide Lifetime Income Rider Advisory Option (Linc)
Return Of Premium
Standard Death Benefit
