Liquidation: NATIONWIDE VLI SEPARATE ACCOUNT 2

Form Type: 497

Filing Date: 2025-01-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525006737

Filing Summary: The document serves as a supplement to various statutory prospectuses and informs that the Board of Trustees of the Goldman Sachs Variable Insurance Trust has approved the liquidation of the Goldman Sachs Variable Insurance Trust - Goldman Sachs Multi-Strategy Alternatives Portfolio: Service Shares, referred to as the 'Liquidating Fund'. The liquidation is projected to occur around April 11, 2025, termed as the 'Liquidation Date'. The supplement outlines changes applicable to existing contracts or policies in anticipation of this liquidation. Effective April 7, 2025, the Liquidating Fund will no longer accept transfers or new purchase payments. Investors with allocations in the Liquidating Fund may reposition their investments to other available options without transfer limitations until the Liquidation Date. On the Liquidation Date, leftover assets from the Liquidating Fund will be directed to the Nationwide Variable Insurance Trust - NVIT Government Money Market Fund: Class I. Post-liquidation, references to the Liquidating Fund will be removed from pertinent documents.

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