Be Wary Of “Retirement Counseling” Sessions
Sales Of Nationwide New Heights© Annuities
If you are a soon-to-retire federal employees here in California be careful: you may be invited to a “counseling session” or seminar. Retirement seminars are sometimes held in union halls, hotels or other spaces accommodating large groups. Hosts of these retirement seminars may be insurance agents. Flyers for these retirement seminars talk about counseling employees regarding their federal 401k plan, known as the Thrift Savings Plan (TSP). However, retirement seminars may be a gateway to selling attendees annuities or other insurance products.
The products of Nationwide Life and Annuity Insurance Company (“Nationwide”) and other insurance companies may be recommended by your seminar host. Recommended Nationwide products may include fixed indexed annuities sold under the trade names Nationwide New Heights©, Nationwide High Point 365©, and Nationwide High Point©. These contracts, like deferred annuities generally, include complex rules regarding returns and investment strategies, fees and costs in the details, and penalties for early withdrawals, known as surrenders.
If you or a loved one lives in California and after attending a retirement seminar was sold a Nationwide New Heights©, Nationwide High Point 365 ©, or Nationwide High Point © annuity issued by Nationwide Life and Annuity Insurance Company, call us at Evans Law Firm, Inc. (888)50-EVANS (888- 503-8267). You may have certain legal rights. Please call if you would like an attorney to investigate whether you have a potential claim.
If you or a loved one lives in California and after attending a retirement seminar was sold a Nationwide Life and Annuity Insurance Company deferred annuity including any Nationwide New Heights©, Nationwide High Point 365 ©, or Nationwide High Point © policy and have selected the J.P. Morgan MOZAIC I Index and/or the J.P. Morgan MOZAIC II Index under your contract, contact Ingrid M. Evans at Evans Law Firm, Inc. toll free at (888)50-EVANS (888-503-8267), or by email at <a href=”mailto:email@example.com”>firstname.lastname@example.org</a>.