Jefferson National Life of New York Annuity Account 1
10/03/2024 | Press release | Distributed by Public on 10/03/2024 11:57
Post Effective Amendment to Registration Statement by Investment Company Form 485BPOS
Monument Advisor NY (333-198590)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933File No. 333-198590
Pre-Effective Amendment No.
☐
Post-Effective Amendment No. 16
☒
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940File No. 811-22994
Amendment No. 17
☒
(Check appropriate box or boxes.)
Jefferson National Life of New York Annuity Account 1
(Exact Name of Registrant)
Jefferson National Life Insurance Company of New York
(Name of Depositor)
10350 Ormsby Park Place, Louisville, Kentucky 40223
(Address of Depositor's Principal Executive Offices) (Zip Code)
(866) 667-0561
Depositor's Telephone Number, including Area Code
Denise L. Skingle, Senior Vice President and Secretary
One Nationwide Plaza, Columbus, Ohio 43215
One Nationwide Plaza, Columbus, Ohio 43215
(Name and Address of Agent for Service)
October 3, 2024
Approximate Date of Proposed Public Offering
It is proposed that this filing will become effective (check appropriate box)
☐ immediately upon filing pursuant to paragraph (b)
☒ on October 3, 2024 pursuant to paragraph (b)
☐ 60 days after filing pursuant to paragraph (a)(1)
☐ on (date) pursuant to paragraph (a)(1)
If appropriate, check the following box:
☐ this post-effective amendment designates a new effective date for a previously filed post-effective amendment.
Supplement dated October 3, 2024
to the following statutory prospectus(es):
to the following statutory prospectus(es):
Monument Advisor Select, Monument Advisor NY and Monument Advisor Select NY dated May 1, 2024
|
This supplement updates certain information contained in your statutory prospectus. Please read and retain
this supplement for future reference.
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At a meeting held on May 24, 2024, the Board of Trustees of Guggenheim Variable Funds Trust, approved the merger of the Guggenheim Variable Funds Trust (the "Target Fund") into the New Age Alpha Variable Funds Trust (the "Acquiring Fund"). Subject to shareholder approval, the merger will be effective on or about October 25, 2024 (the "Effective Date").
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Target Funds
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Acquiring Funds
|
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Guggenheim Variable Funds Trust - Series J (StylePlus Mid
Growth Series)
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New Age Alpha Variable Funds Trust - NAA Mid Growth Series
|
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Guggenheim Variable Funds Trust - Series Q (Small Cap Value
Series)
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New Age Alpha Variable Funds Trust - NAA Small Cap Value
Series
|
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Guggenheim Variable Funds Trust - Series Y (StylePlus - Large
Growth Series)
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New Age Alpha Variable Funds Trust - NAA Large Growth Series
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As of the Effective Date, the following changes apply to the contract:
•
the Target Funds will no longer be available to receive transfers or new purchase payments;
•
the Target Funds will transfer all or substantially all of its assets to the Acquiring Funds in exchange for shares of the Acquiring Funds; and
•
the Acquiring Funds will be added as underlying mutual funds available under the contract and will assume all liabilities of the Target Funds.
Accordingly, the following changes apply to the prospectus:
(1) Appendix A is amended to add the following:
|
Type
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Underlying Mutual Fund and Adviser/
Subadviser
|
Current
Expenses
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Low Cost
Fund Platform
Fee1
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Current
Expenses +
Low Cost
Fund Platform
Fee
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
|
1
year
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5
year
|
10
year
|
|||||
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Equity
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New Age Alpha Variable Funds Trust - NAA Mid
Growth Series
Investment Advisor: New Age Alpha Advisors, LLC
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0.92%*
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0.00%
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0.92%
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26.41%
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12.72%
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9.97%
|
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Equity
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New Age Alpha Variable Funds Trust - NAA Small
Cap Value Series
Investment Advisor: New Age Alpha Advisors, LLC
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1.12%*
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0.00%
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1.12%
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10.28%
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10.21%
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5.55%
|
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Equity
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New Age Alpha Variable Funds Trust - NAA
Large Growth Series
Investment Advisor: New Age Alpha Advisors, LLC
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0.91%*
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0.00%
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0.91%
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39.91%
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18.00%
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14.25%
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*
This underlying mutual fund's current expenses reflect a temporary fee reduction.
1
Reflects the current Low Cost Fund Platform Fee. The maximum Low Cost Fund Platform Fee applicable for any Sub-account is 0.35%. For Contracts issued between May 1, 2007 and December 29, 2013, and which have not elected the Low Cost Fund Platform Fee Endorsement, the Company imposes a Transaction Fee.
(2) All references in the prospectus to the Target Funds are deleted and replaced with the Acquiring Funds.
PROS-0911
1
Incorporation by Reference
The statutory prospectus supplements dated August 14, 2024, July 19, 2024, June 27, 2024, June 17, 2024, June 7, 2024, May 2, 2024, and the statutory prospectus and Statement of Additional Information, except as modified herein, that were effective May 1, 2024, previously filed with the Commission under SEC file No. 333-198590, are hereby incorporated by reference and made a part of this registration statement.
Statutory Prospectus Supplements:
1)
2)
3)
4)
5)
6)
7)
8)
Statutory Prospectuses:
1)
2)
Statement of Additional Information:
0
PART C. OTHER INFORMATION
Item 27. Exhibits
a)
Resolutions of the Board of Directors
1)
b)
Not Applicable.
c)
Underwriting or Distribution Contracts.
1)
2)
d)
Variable Annuity Contracts.
1)
2)
3)
e)
Applications.
1)
f)
Certificates of Incorporation.
1)
2)
g)
Not Applicable.
h)
Participation Agreements.
Unless indicated as attached hereto, the following participation agreements were previously filed and are hereby incorporated by reference.
1)
2)
Form of Amendment dated January 1, 2015 to Participation Agreement dated January 1, 2015 by and among Jefferson National Securities Corporation, Jefferson National Life Insurance Company, Jefferson National Life Insurance Company of New York, AllianceBernstein L.P. and AllianceBernstein Investments, Inc. - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
1
3)
Form of Amendment dated November 10, 2014 to Participation Agreement dated May 1, 2008 by and among Jefferson National Life Insurance Company, ALPS Variable Investment Trust, ALPS Portfolio Solutions Distributor, Inc. And ALPS Advisors, Inc. - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
4)
Form of Amendment dated October 1, 2014 to Participation Agreement dated November 15, 1997 by and between Jefferson National Life Insurance Company, Jefferson National Life Insurance Company of New York and American Century Investment Services, Inc. - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
5)
Form of Amendment dated December 2, 2014 to Participation Agreement dated November 13, 2013 between Jefferson National Life Insurance Company, American Funds Distributors, American Funds Services Company and American Funds Insurance series - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
6)
7)
i)
Form of Participation Agreement among Nationwide Financial Services, Inc., Calvert Variable Products, Inc., and Eaton Vance Distributors, Inc., as amended, dated January 1, 2017 - Filed previously with Post-Effective Amendment No. 15 on August 14, 2024 (333-198590) and hereby incorporated by reference.
ii)
Form of Amendment dated January 1, 2015 to Participation Agreement dated May 1, 2014 between Jefferson National Life Insurance Company, Calvert Variable Series, Inc., Calvert Variable Products, Inc. and Calvert Investment Distributors - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
iii)
Form of Participation Agreement dated May 1, 2014 between Jefferson National Life Insurance Company, Calvert Variable Series, Inc., Calvert Variable Products, Inc. and Calvert Investment Distributors, Inc - Filed previously with Post-Effective Amendment No. 3 on April 28, 2017 (333-198590) and hereby incorporated by reference.
8)
Form of Amendment dated January 1, 2015 to Participation Agreement dated May 1, 2000 between Jefferson National Life Insurance Company, Columbia Funds Variable Series Trust, and Columbia Management Investment Advisers - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
9)
Form of Amendment dated December 9, 2014 to Participation Agreement dated May 1, 2006 by and among Jefferson National Life Insurance Company, Credit Suisse Trust, and Credit Suisse Asset Management Securities Inc. - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
10)
Form of Amendment dated January 1, 2015 to Participation Agreement dated May 1, 2005 among The Direxion Insurance Trust, Rafferty Asset Management, and Jefferson National Life Insurance Company - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
11)
Form of Amendment dated November 20, 2014 to Participation Agreement dated August 27, 2010 by and among Jefferson National Life Insurance Company, Jefferson National Life Insurance Company of New York, DFA Investment Dimensions Group, Inc., and DFA Securities LLC - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
12)
13)
Form of Participation Agreement dated December 1, 2014 by and between Eaton Vance Variable Trust, Eaton Vance Distributors, and Jefferson National Life Insurance Company of New York - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
2
14)
15)
Participation Agreement among (Fidelity) Variable Insurance Products Funds, Fidelity Distributors Company LLC, Nationwide Life Insurance Company, Nationwide Life and Annuity Insurance Company, Jefferson National Life Insurance Company, and Jefferson National Life Insurance Company of New York dated October 11, 2023 - Filed previously with Post-Effective Amendment No. 42 (333-177439) on April 25, 2024 and hereby incorporated by reference.
16)
17)
Form of Participation Agreement dated January 1, 2015 among Franklin Templeton Variable Insurance Products Trust, Franklin Templeton Distributors, Inc., Jefferson National Life Insurance Company, and Jefferson National Life Insurance Company of New York - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
18)
Form of Amendment dated December 2014 to Participation Agreement dated November 13, 2013 by and between Goldman Sachs Variable Insurance Trust, and Jefferson National Life Insurance Company - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
19)
Form of Participation Agreement dated January 1, 2015 by and among Invesco Variable Insurance Funds, Invesco Distributors, Inc., Jefferson National Life Insurance Company, Jefferson National Life Insurance Company NY, and Jefferson National Securities Corporation - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
20)
i)
Form of Participation Agreement dated December 2014 by and between Jefferson National Life Insurance Company of New York, Waddell & Reed, Inc., and Ivy Funds Variable Insurance Portfolios - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
ii)
Form of Amendment dated October 1, 2016 to Participation Agreement dated October 5, 2009 among Ivy Funds Variable Insurance Portfolios, Inc. and Jefferson National Life Insurance Company - Filed previously with Post-Effective Amendment No. 3 on April 28, 2017 (333-198590) and hereby incorporated by reference.
21)
Form of Amendment dated January 1, 2015 to Participation Agreement dated February 1, 2001 between Janus Aspen Series, Janus Distributors, Jefferson National Life Insurance Company, and Jefferson National Life Insurance Company of New York - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
22)
Form of Participation Agreement dated January 1, 2014 by and among Jefferson National Life Insurance Company of New York, Lazard Asset Management Securities, and Lazard Retirement Series - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
23)
i)
ii)
Form of Amendment dated March 15, 2016 to Form of Participation Agreement dated April 2004 between Jefferson National Life Insurance Company, Jefferson National Life Insurance Company of New York and Legg Mason Investor Services, LLC - Filed previously with Post-Effective Amendment No. 2 on April 25, 2016 (333-198590) and hereby incorporated by reference.
3
24)
25)
26)
i)
Form of Amendment dated January 1, 2015 to Participation Agreement dated May 1, 2007 among Jefferson National Life Insurance Company, Nationwide Variable Trust, and Nationwide Fund Distributors - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
ii)
Form of Participation Agreement between Nationwide Variable Insurance Trust, Nationwide Fund Distributors LLC, Jefferson National Life Insurance Company and Jefferson National Life Insurance Company of New York dated May 1, 2017 - Filed previously with Post-Effective Amendment No. 3 on April 28, 2017 (333-198590) and hereby incorporated by reference.
27)
Form of Amendment dated January 1, 2015 to Participation Agreement dated April 30, 1997 among Neuberger Berman Advisers Management Trust, Neuberger Berman Management LLC, and Jefferson National Life Insurance Company - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
28)
i)
ii)
29)
Form of Amendment dated December 5, 2014 to Participation Agreement dated November 16, 2011 by and among Oppenheimer Variable Account Funds, Oppenheimer Funds, and Jefferson National Life Insurance Company - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
30)
Form of Amendment dated January 1, 2015 to Participation Agreement by and among Jefferson National Life Insurance Company and Jefferson National Life Insurance Company of New York, Pacific Investment Management Company, PIMCO Variable Insurance Trust and PIMCO Investments - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
31)
Form of Amendment dated December 2014 to Participation Agreement dated May 1, 2003 by and among Jefferson National Life Insurance Company, Pioneer Variable Contracts Trust, Pioneer Investment Management, Inc., and Pioneer Funds Distributor, Inc. - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
32)
Form of Amendment dated January 1, 2015 to Participation Agreement dated May 1, 2010 among Jefferson National Life Insurance Company, Profunds, Access One Trust, and Profund Advisors - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
33)
Form of Amendment dated November 10, 2014 to Participation Agreement dated November 12, 2010 by and among Jefferson National Life Insurance Company, Jefferson National Life Insurance Company of New York, Putnam Retail Management Limited Partnership and Putnam Variable Trust. - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
4
34)
Form of Amendment dated January 1, 2015 to Participation Agreement dated May 1, 2003 by and among Jefferson National Life Insurance Company, Royce Capital Fund, and Royce & Associates, LLC - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
35)
Form of Amendment dated November 18, 2014 to Participation Agreement dated July 27, 2011 among Rydex Variable Trust, SBL Fund, Rydex Distributors, and Jefferson National Life Insurance Company - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
36)
Form of Amendment dated November 2014 to Participation Agreement dated November 1, 2013 by and among SEI Insurance Products Trust, SEI Investments Distribution Co., and Jefferson National Life Insurance Company - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
37)
38)
Fund Participation Agreement among Nationwide Financial Services, Inc., Third Avenue Variable Series Trust, and Third Avenue Management LLC dated May 12, 2023 - Filed previously with Post-Effective Amendment No. 32 (333-124048) on April 25, 2024 and hereby incorporated by reference.Portions of this exhibit have been redacted.
39)
40)
Form of Amendment dated January 1, 2015 to Participation Agreement dated February 29, 2000 among Van Eck VIP Trust, Van Eck Associates, and Jefferson National Life Insurance Company - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
41)
Form of Participation Agreement dated February 2015 among Vanguard Variable Insurance Fund, The Vanguard Group, Inc., Vanguard Marketing Corporation, and Jefferson National Life Insurance Company of New York - Filed previously with Pre-Effective Amendment No. 1 on April 9, 2015 (333-198590) and hereby incorporated by reference.
42)
43)
44)
Form of Participation Agreement dated June 1, 2015 among Jefferson National Life Insurance Company of New York, Delaware VIP Trust, Delaware Management Company, and Delaware Distributors, L.P. - Filed previously with Post-Effective Amendment No. 2 on April 25, 2016 (333-198590) and hereby incorporated by reference.
45)
Form of Participation Agreement dated December 11, 2015 among Jefferson National Life Insurance Company, Jefferson National Life Insurance Company of New York, Columbia Funds Variable Trust, Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. - Filed previously with Post-Effective Amendment No. 2 on April 25, 2016 (333-198590) and hereby incorporated by reference.
46)
Form of Participation Agreement dated September 30, 2015 between Jefferson National Life Insurance Company of New York, Jefferson National Securities Corporation, John Hancock Variable Insurance Trust, and John Hancock Distributors, LLC - Filed previously with Post-Effective Amendment No. 2 on April 25, 2016 (333-198590) and hereby incorporated by reference.
5
47)
Form of Participation Agreement dated October 1, 2015 among Jefferson National Life Insurance Company of New York, JPMorgan Insurance Trust, J. P. Morgan Investment Management Inc., and JPMorgan Funds Management - Filed previously with Post-Effective Amendment No. 2 on April 25, 2016 (333-198590) and hereby incorporated by reference.
48)
Form of Participation Agreement dated July 1, 2015 among MFS Variable Insurance Trust, MFS Variable Insurance Trust II, MFS Variable Insurance Trust III, Jefferson National Life Insurance Company of New York, and MFS Fund Distributors, Inc. - Filed previously with Post-Effective Amendment No. 2 on April 25, 2016 (333-198590) and hereby incorporated by reference.
49)
50)
Form of Participation Agreement dated May 1, 2017 among Jefferson National Life Insurance Company, Jefferson National Life Insurance Company of New York, Mainstay VP Funds Trust, and New York Life Investment Management LLC - Filed previously with Post-Effective Amendment No. 3 on April 28, 2017 (333-198590) and hereby incorporated by reference.
51)
Form of Participation Agreement dated June 17, 2021 among Nationwide Financial Services, Inc., Advisors Preferred Trust, and Ceros Financial Services, Inc., filed July 2, 2021 with pre-effective amendment number 1 to registration statement (333-253123) and hereby incorporated by reference.Portions of this exhibit have been redacted.
52)
Participation Agreement dated October 28, 2024 among Nationwide Financial Services, Inc. and New Age Alpha Advisors, LLC - Attached hereto. Portions of this exhibit have been redacted.
i)
Form of Administrative Contracts -
Unless indicated as attached hereto, the following administrative contracts were previously filed and are hereby incorporated by reference.
1)
Mutual Fund Administrative Services Agreement with Advisors Preferred Trust, Advisors Preferred, and Gemini Fund Services dated June 17, 2021, filed July 2, 2021 with pre-effective amendment number 1 to registration statement (333-253123) as document d184214dex9930i.htm. Portions of this exhibit have been redacted.
2)
Fund Administrative Services Agreement with Gemini Fund Services, LLC, Mutual Fund and Variable Insurance Trust, and Rational Advisors, Inc. as amended dated January 25, 2019 with the registration statement under 333-258296, pre-effective amendment number 2 filed on December 17, 2021 as document d259685dex99i40.htm.Portions of this exhibit have been redacted.
3)
4)
5)
6)
7)
Fund Participation and Service Agreement with American Funds Distributors, Inc., American Funds Service Company, Capital Research and Management Company, and the American Funds Insurance Series dated November 13, 2003, as amended, with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex997.htm. Portions of this exhibit have been redacted.
6
8)
9)
10)
11)
12)
(Calvert) Administrative Service Agreement between Nationwide Financial Services, Inc. and Eaton Vance Management dated January 1, 2017, as amended, with registration statement under 333-198590, Post-Effective Amendment 15 filed on August 14, 2024 as document d870509dex99i12.htm. Portions of this exhibit have been redacted.
13)
14)
15)
Services Agreement with Calvert Investment Administrative Services, Inc. and Calvert Investment Services, Inc. dated May 1, 2014, as amended, with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9914.htm. Portions of this exhibit have been redacted.
16)
17)
18)
19)
20)
Service Agreement between Fidelity Investments Institutional Operations Company LLC and Nationwide Investment Services Corporation dated October 11, 2023 with the registration statement under 333-177439, post-effective amendment number 42 as document d777109dex99i13.htm.Portions of this exhibit have been redacted.
21)
7
23)
24)
25)
26)
27)
28)
29)
30)
31)
JPMorgan Insurance Trust Distribution Fee Agreement with JPMorgan Distribution Services, Inc. dated October 1, 2015 with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9930.htm. Portions of this exhibit have been redacted.
32)
33)
Lazard Retirement Series Inc. Servicing Agreement with Lazard Asset Management Securities LLC dated January 1, 2015, as amended, with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9932.htm. Portions of this exhibit have been redacted.
34)
35)
36)
Administrative Services Agreement with New Age Alpha Advisors, LLC. dated October 28, 2024 - Attached hereto. Portions of this exhibit have been redacted.
37)
Administrative Service Agreement with New York Life Investment Management LLC and NYLIFE Distributors LLC (Mainstay) dated May 1, 2017 with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9935.htm. Portions of this exhibit have been redacted.
8
39)
40)
41)
Amended and Restated Distribution and Shareholder Services Agreement with Northern Lights Variable Trust dated May 1, 2012 with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9939.htm. Portions of this exhibit have been redacted.
42)
43)
44)
45)
46)
PIMCO Services Agreement for Institutional Class Shares of PIMCO Variable Insurance Trust with Pacific Investment Management Company LLC dated August 26, 2014, as amended, with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9944.htm. Portions of this exhibit have been redacted.
47)
Administrative Services Agreement for VP Funds with ProFunds and Access One Trust dated May 1, 2010 and Distribution Services Agreement for VP Funds with ProFunds and Access One Trust dated May 1, 2010, as amended, with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9945.htm. Portions of this exhibit have been redacted.
48)
Marketing and Administrative Services Agreement with Putnam Retail Management Limited Partnership dated November 12, 2010, as amended, with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9946.htm. Portions of this exhibit have been redacted.
49)
50)
Marketing and Administrative Services Agreement with Russell Financial Services, Inc. dated May 1, 2011, as amended, with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9948.htm. Portions of this exhibit have been redacted.
51)
52)
Administrative Services Agreement among Nationwide Financial Services, Inc. Third Avenue Management LLC and Third Avenue Variable Series Trust dated May 12, 2023 with the registration statement under 333-124048, post-effective amendment number 32 as document d796082dex99i57.htm.Portfions of this exhibit have been redacted.
53)
Fee Letter Agreement for Administrative Services with Timothy Plan and Timothy Partners Ltd dated September 28, 2010 with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9950.htm. Portions of this exhibit have been redacted.
9
54)
55)
56)
57)
Fee Letter Agreement and Administrative Services with Wells Fargo Variable Trust and Wells Fargo Funds Distributor dated January 1, 2015, as amended, with the registration statement under 333-198590, post-effective amendment number 11 filed on April 26, 2022 as document d293469dex9954.htm. Portions of this exhibit have been redacted.
j)
Not Applicable.
k)
l)
Consent of Independent Registered Public Accounting Firm - Attached hereto.
m)
Not Applicable.
n)
Not Applicable.
o)
99)
Power of Attorney - Attached hereto.
Item 28. Directors and Officers of the Depositor
The business address of the Directors and Officers of the Depositor is:
One Nationwide Plaza, Columbus, Ohio 43215, unless otherwise noted.
One Nationwide Plaza, Columbus, Ohio 43215, unless otherwise noted.
|
President and Director
|
Hawley, Craig A.
|
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Senior Vice President-Corporate Controller and Chief Accounting Officer
|
Benson, James D.
|
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Senior Vice President-Chief Financial Officer - Nationwide Financial and Director
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Ginnan, Steven A.
|
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Senior Vice President-Annuity Distribution
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Guymon, Rona
|
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Senior Vice President and Secretary
|
Skingle, Denise L.
|
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Vice President-Annuity & Life Operations
|
Full-Napier, Stormi
|
|
Vice President and Assistant Secretary
|
Garman, David A.
|
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Vice President-Annuities Marketing
|
Lucas, AuBree H.
|
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Vice President and Treasurer
|
Ryan, Craig Eugene
|
|
Vice President-Chief Tax Officer
|
Scheiderer, Kevin Paul
|
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Vice President-Shared Business Solutions-Financial Services
|
Shaw, Wendy L
|
|
Vice President and Assistant Treasurer
|
Sutch, Anthony L.
|
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Associate Vice President and Assistant Treasurer
|
Hacker, Hope C.
|
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Associate Vice President-NF Compliance - Life & Annuities
|
Hamilton, Valerie
|
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Associate Vice President and Assistant Treasurer
|
Radabaugh, Nathan
|
|
Associate Vice President-Annuity Distribution - Alternative
|
Raible, Ann M.
|
|
Associate Vice President-New Business & Advisory - Annuity
|
Van Cleave, John
|
|
Associate Vice President and Assistant Treasurer
|
Walker, Tonya G.
|
|
Assistant Secretary
|
Dokko, David H.
|
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Assistant Secretary
|
Hartman, Mark E.
|
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Director
|
Beall, Pamela K. M.
|
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Director
|
Burkett III, Frank E.
|
|
Director
|
Carter, John L.
|
|
Director
|
Lopes, John S.
|
|
Director
|
Radia, Suku
|
10
Item 29. Persons Controlled by or Under Common Control with the Depositor or Registrant.
Following is a list of entities directly or indirectly controlled by or under common control with the depositor or registrant. Ownership is indicated through indentation. Unless otherwise indicated, each subsidiary is either wholly-owned or majority-owned by the parent company immediately preceding it. (For example, Nationwide Fund Distributors, LLC is either wholly-owned or majority owned by NFS Distributors, Inc.) Separate accounts that have been established pursuant to board resolution but are not, and have never been, active are omitted.
|
Company
|
Jurisdiction
of Domicile
|
Brief Description of Business
|
|
Nationwide Financial Services, Inc.
|
Delaware
|
The company acts primarily as a holding company for
companies within the Nationwide organization that offer or
distribute life insurance, long-term savings and retirement
products.
|
|
NFS Distributors, Inc.
|
Delaware
|
The company acts primarily as a holding company for
Nationwide Financial Services, Inc. companies.
|
|
Nationwide Financial General Agency, Inc.
|
Pennsylvania
|
The company is a multi-state licensed insurance agency.
|
|
Nationwide Fund Distributors, LLC
|
Delaware
|
The company is a limited purpose broker-dealer.
|
|
Nationwide Fund Management, LLC
|
Delaware
|
The company provides administration, transfer and
dividend disbursing agent services to various mutual fund
entities.
|
|
Nationwide Retirement Solutions, Inc.
|
Delaware
|
The company markets and administers deferred
compensation plans for public employees.
|
|
Nationwide Securities, LLC
|
Delaware
|
The company is a general purpose broker-dealer and
investment adviser registered with the Securities and
Exchange Commission.
|
|
Nationwide Trust Company, FSB
|
Federal
|
This is a federal savings bank chartered by the Office of
Thrift Supervision in the United States Department of
Treasury to exercise deposit, lending, agency, custody
and fiduciary powers and to engage in activities
permissible for federal savings banks under the Home
Owners' Loan Act of 1933.
|
|
Nationwide Financial Services Capital Trust
|
Delaware
|
The trust's sole purpose is to issue and sell certain
securities representing individual beneficial interests in the
assets of the trust
|
|
525 Cleveland Avenue, LLC
|
Ohio
|
This is a limited liability company organized under the
laws of the State of Ohio. The company was formed to
provide remedial real property cleanup prior to sale.
|
|
Nationwide Life Insurance Company 2
|
Ohio
|
The corporation provides individual life insurance, group
and health insurance, fixed and variable annuity products
and other life insurance products.
|
|
Jefferson National Life Insurance Company2,3
|
Texas
|
The company provides life, health and annuity products.
|
|
Jefferson National Life Annuity Company C2,3
|
|
A separate account issuing variable annuity products.
|
|
Jefferson National Life Annuity Account E2,3
|
|
A separate account issuing variable annuity products.
|
|
Jefferson National Life Annuity Account F2,3
|
|
A separate account issuing variable annuity products.
|
|
Jefferson National Life Annuity Account G2,3
|
|
A separate account issuing variable annuity products.
|
|
Jefferson National Life Insurance Company of
New York2,3
|
New York
|
The company provides variable annuity products.
|
|
Jefferson National Life of New York Annuity
Account 12,3
|
|
A separate account issuing variable annuity products.
|
|
MFS Variable Account2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Multi-Flex Variable Account2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-II2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-32,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-42,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-52,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-62,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-72,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-82,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
11
|
Company
|
Jurisdiction
of Domicile
|
Brief Description of Business
|
|
Nationwide Variable Account-92,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-102,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-112,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-122,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-132,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-142,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Variable Account-152,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Provident VA Separate Account 12,3
|
Pennsylvania
|
A separate account issuing variable annuity contracts.
|
|
Nationwide VLI Separate Account2,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide VLI Separate Account-22,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide VLI Separate Account-32,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide VLI Separate Account-42,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide VLI Separate Account-52,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide VLI Separate Account-62,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide VLI Separate Account-72,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide Provident VLI Separate Account 12,3
|
Pennsylvania
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide Investment Services Corporation3
|
Oklahoma
|
This is a limited purpose broker-dealer and distributor of
variable annuities and variable life products for
Nationwide Life Insurance Company and Nationwide Life
and Annuity Insurance Company. The company also
provides educational services to retirement plan sponsors
and its participants.
|
|
Nationwide Financial Assignment Company3
|
Ohio
|
The company is an administrator of structured
settlements.
|
|
Nationwide Investment Advisors, LLC3
|
Ohio
|
The company provides investment advisory services.
|
|
Eagle Captive Reinsurance, LLC3
|
Ohio
|
The company is engaged in the business of insurance
|
|
Nationwide Life and Annuity Insurance
Company2,3
|
Ohio
|
The company engages in underwriting life insurance and
granting, purchasing and disposing of annuities.
|
|
Nationwide VA Separate Account-A2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide VA Separate Account-B2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide VA Separate Account-C2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide VA Separate Account-D2,3
|
Ohio
|
A separate account issuing variable annuity contracts.
|
|
Nationwide Provident VA Separate Account
A2,3
|
Delaware
|
A separate account issuing variable annuity contracts.
|
|
Nationwide VL Separate Account-C2,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide VL Separate Account-D2,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide VL Separate Account-G2,3
|
Ohio
|
A separate account issuing variable life insurance
policies.
|
|
Nationwide Provident VLI Separate Account
A2,3
|
Delaware
|
A separate account issuing variable life insurance
policies.
|
|
Olentangy Reinsurance, LLC3
|
Vermont
|
The company is a captive life reinsurance company.
|
|
Nationwide SBL, LLC
|
Ohio
|
The company is a lender offering securities-back lines of
credit.
|
|
Registered Investment Advisors Services, Inc.
|
Texas
|
The company is a technology company that facilitates
third-party money management services for registered
investment advisors
|
|
Nationwide Fund Advisors4
|
Delaware
|
The trust acts as a registered investment advisor.
|
12
1
This subsidiary/entity is controlled by its immediate parent through contractual association.
2
This subsidiary/entity files separate financial statements.
3
Information for this subsidiary/entity is included in the consolidated financial statements of its immediate parent.
4
This subsidiary/entity is a business trust.
Item 30. Indemnification
Provision is made in Nationwide's Amended and Restated Code of Regulations and expressly authorized by the General Corporation Law of the State of Ohio, for indemnification by Nationwide of any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative by reason of the fact that such person is or was a director, officer or employee of Nationwide, against expenses, including attorneys fees, judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding, to the extent and under the circumstances permitted by the General Corporation Law of the State of Ohio.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 ("Act") may be permitted to directors, officers or persons controlling Nationwide pursuant to the foregoing provisions, Nationwide has been informed that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
Item 31. Principal Underwriter
Nationwide Investment Services Corporation ("NISC")
a)
NISC serves as principal underwriter and general distributor for the following separate investment accounts of Nationwide or its affiliates:
|
Jefferson National Life Annuity Account C
|
Nationwide Variable Account-14
|
|
Jefferson National Life Annuity Account E
|
Nationwide Variable Account-15
|
|
Jefferson National Life Annuity Account F
|
Nationwide VA Separate Account-A
|
|
Jefferson National Life Annuity Account G
|
Nationwide VA Separate Account-B
|
|
Jefferson National Life of New York Annuity Account 1
|
Nationwide VA Separate Account-C
|
|
MFS Variable Account
|
Nationwide VA Separate Account-D
|
|
Multi-Flex Variable Account
|
Nationwide VLI Separate Account
|
|
Nationwide Variable Account
|
Nationwide VLI Separate Account-2
|
|
Nationwide Variable Account-II
|
Nationwide VLI Separate Account-3
|
|
Nationwide Variable Account-3
|
Nationwide VLI Separate Account-4
|
|
Nationwide Variable Account-4
|
Nationwide VLI Separate Account-5
|
|
Nationwide Variable Account-5
|
Nationwide VLI Separate Account-6
|
|
Nationwide Variable Account-6
|
Nationwide VLI Separate Account-7
|
|
Nationwide Variable Account-7
|
Nationwide VL Separate Account-C
|
|
Nationwide Variable Account-8
|
Nationwide VL Separate Account-D
|
|
Nationwide Variable Account-9
|
Nationwide VL Separate Account-G
|
|
Nationwide Variable Account-10
|
Nationwide Provident VA Separate Account 1
|
|
Nationwide Variable Account-11
|
Nationwide Provident VA Separate Account A
|
|
Nationwide Variable Account-12
|
Nationwide Provident VLI Separate Account 1
|
|
Nationwide Variable Account-13
|
Nationwide Provident VLI Separate Account A
|
13
b)
Directors and Officers of NISC:
|
President and Director
|
Ambrozy, Tina S.
|
|
Senior Vice President and Secretary
|
Skingle, Denise L.
|
|
Vice President-Tax
|
Eppley, Daniel P.
|
|
Vice President and Assistant Secretary
|
Garman, David A.
|
|
Vice President-Chief Compliance Officer
|
Rabenstine, James J.
|
|
Vice President-CFO - Life Insurance
|
Wild, Keith D.
|
|
Associate Vice President-NF Compliance - Strategic Customer Solutions
|
Deleget, J. Brian
|
|
Associate Vice President and Treasurer
|
Roswell, Ewan T.
|
|
Associate Vice President and Assistant Treasurer
|
Hacker, Hope C.
|
|
Associate Vice President and Assistant Treasurer
|
Radabaugh, Nathan
|
|
Associate Vice President and Assistant Treasurer
|
Walker, Tonya G.
|
|
Assistant Secretary
|
Bowman, Heidi K.
|
|
Assistant Secretary
|
Dokko, David H.
|
|
Assistant Secretary
|
Hartman, Mark E.
|
|
Director
|
Hawley, Craig A.
|
|
Director
|
Stevenson, Eric
|
The business address of the Directors and Officers of NISC is:
One Nationwide Plaza, Columbus, Ohio 43215.
One Nationwide Plaza, Columbus, Ohio 43215.
c)
|
Name of Principal Underwriter
|
Net Underwriting
Discounts
|
Compensation on
Redemption
|
Brokerage
Commissions
|
Other
Compensation
|
|
Nationwide Investment Services Corporation
|
N/A
|
N/A
|
N/A
|
N/A
|
Item 32. Location of Accounts and Records
Steven A. Ginnan
Nationwide Life Insurance Company
One Nationwide Plaza
Columbus, OH 43215
Nationwide Life Insurance Company
One Nationwide Plaza
Columbus, OH 43215
Item 33. Management Services
Not Applicable
Item 34. Fee Representation
Jefferson National Life Insurance Company of New York represents that the fees and charges deducted under the contract in the aggregate are reasonable in relation to the services rendered, the expenses expected to be incurred and risks assumed by Jefferson National Life Insurance Company of New York.
14
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets the requirements of Rule 485(b) under the Securities Act of 1933 for effectiveness of the Registration Statement and has duly caused this registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Columbus, and State of Ohio, on October 3, 2024.
|
Jefferson National Life of New York Annuity Account
1
|
|
(Registrant)
|
|
By: /s/ Craig A. Hawley*
|
|
Craig A. Hawley
|
|
President
|
|
Jefferson National Life Insurance Company of New
York
|
|
(Depositor)
|
|
By: /s/ Craig A. Hawley*
|
|
Craig A. Hawley
President
|
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated, on October 3, 2024.
|
/s/ JOHN L. CARTER*
|
|
|
John L. Carter, Director and Chairman of the Board
(Principal Executive Officer)
|
|
|
/s/ STEVEN A. GINNAN*
|
|
|
Steven A. Ginnan, Senior Vice President-Chief Financial
Officer-Nationwide Financial and Director (Chief
Financial Officer)
|
|
|
/s/ CRAIG A. HAWLEY*
|
|
|
Craig A. Hawley, President and Director
|
|
|
/s/ PAMELA K.M. BEALL*
|
|
|
Pamela K.M. Beall, Director
|
|
|
/s/ FRANK E. BURKETT III*
|
|
|
Frank E. Burkett III, Director
|
|
|
/s/ SUKU RADIA*
|
|
|
Suku Radia, Director
|
|
|
/s/ JOHN S. LOPES*
|
|
|
John S. Lopes, Director
|
|
|
|
|
15
|
/s/ JAMES D. BENSON*
|
|
|
James D. Benson, Senior Vice President-Corporate
Controller and Chief Accounting Officer (Principal
Accounting Officer)
|
|
|
|
*By: /s/ Jamie Ruff Casto
|
|
|
Jamie Ruff Casto
Attorney-in-Fact
Pursuant to Power of Attorney
|
16