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Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona and Des Moines, Iowa. [2] Nationwide currently has approximately 25,000 employees, [3 ...
An average of 11,200 Americans will reach retirement age each day in 2024, according to a recent report by the Alliance for Lifetime Income. The report found that the largest number of Americans ...
However, experts recommend that your total retirement income equal at least 70% of what you earned immediately prior to retirement. Thatās a big shortfall youāll need to cover with your own ...
Nationwide is going to start offering a target-date fund with an included annuity to 401(k) participants, allowing guaranteed income in retirement.
Rating. Fitch: AA (2020) Moody's: Aa3 (2020) S&P: AA (2020) AM Best: A+ (2020) Website. empower .com. Empower is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. [7] It is the second-largest retirement plan provider in the United States.
The company had $26.4 billion in total assets under administration and served more than 500,000 401(k) and 403(b) retirement plan participants from more than 5,000 clients nationwide, as of December 31, 2023. Mutual of America is the majority owner of its corporate headquarters building at 320 Park Avenue, which it purchased in 1992.
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