Nationwide Variable Account-15

03/27/2026 | Press release | Distributed by Public on 03/27/2026 06:44

Prospectus by Investment Company (Form 497)

Supplement dated March 27, 2026
to the following statutory prospectus(es):
Nationwide Advisory Retirement Income Annuity and Nationwide Advisory Retirement Income Annuity - New York dated May 1, 2025
This supplement updates certain information contained in your statutory prospectus. Please read and retain
this supplement for future reference.
The Board of Trustees of the fund approved the merger of Legg Mason Partners Variable Equity Trust - ClearBridge Variable Large Cap Growth Portfolio: Class I into Lincoln Variable Insurance Products Trust - LVIP ClearBridge Large Cap Growth Fund: Standard Class. Subject to shareholder approval, the merger will be effective on or about April 24, 2026 (the "Effective Date").
As of the Effective Date, the following changes apply to the contract:
the Target Fund will no longer be available to receive transfers or new purchase payments;
the Target Fund will transfer all or substantially all of its assets to the Acquiring Fund in exchange for shares of the Acquiring Fund; and
the Acquiring Fund will assume all liabilities of the Target Fund.
Accordingly, the following changes apply to the prospectus:
(1) Appendix A is amended to add the following:
*
This underlying mutual fund's current expenses reflect a temporary fee reduction.
Type
Underlying Mutual Fund and Adviser/
Subadviser
Current
Expenses
Low Cost
Fund
Fee1
Current
Expenses +
Low Cost
Fund
Fee
Average Annual
Total Returns
(as of 12/31/2025)
1
year
5
year
10
year
Equity
Lincoln Variable Insurance Products Trust - LVIP
ClearBridge Large Cap Growth Fund: Standard Class
This underlying mutual fund is only available in contracts for
which good order applications were received before April 24,
2026
Investment Advisor: Lincoln Financial Investments Corporation
Sub-Advisor: ClearBridge Investments, LLC
0.74%
0.00%
0.74%
8.62%
10.57%
14.46%
*
This underlying mutual fund's current expenses reflect a temporary fee reduction.
1
Reflects the current Low Cost Fund Fee. The maximum Low Cost Fund Fee applicable for any Sub-Account is 0.70%.
(2) All references in the prospectus to the Target Fund are deleted and replaced with the Acquiring Fund.
PROS-1149
1
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