Fixed index annuity review and rates
Nationwide New Heights Select 9 (Variation States)
Nationwide New Heights Select is a single premium fixed indexed deferred annuity. New Heights Select offers a growth opportunity with strategy options that track the performance of an index and lock in earnings at the end of each strategy term. Strategy options also guarantee your contract value will never go down due to the negative performance of an index.
Available in states:
AK, CT, ID, IA, MN, MS, MO, NV, NH, NJ, OH, OK, OR, PA, RI, SC, TX, UT, WA, and WY
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 3-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Triennial
|
285%
Participation
0.95%
Spread
|
| 3-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate Option B |
Balanced Allocation
Triennial
|
240%
Participation
|
| 3-Year SG Macro Compass Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Triennial
|
220%
Participation
0.95%
Spread
|
| 3-Year SG Macro Compass Balanced Allocation Participation Rate Option B |
Balanced Allocation
Triennial
|
190%
Participation
|
| 3-Year NYSE Zebra Edge II Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Triennial
|
260%
Participation
0.95%
Spread
|
| 3-Year NYSE Zebra Edge II Balanced Allocation Participation Rate Option B |
Balanced Allocation
Triennial
|
220%
Participation
|
| 3-Year S&P 500 Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Triennial
|
65%
Participation
1.95%
Spread
|
| 3-Year S&P 500 Balanced Allocation Participation Rate with Declared Rate Option B |
Balanced Allocation
Triennial
|
0.5%
Fixed
45%
Participation
|
| 3-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Triennial
|
235%
Participation
0.95%
Spread
|
| 3-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate Option B |
Balanced Allocation
Triennial
|
195%
Participation
|
| 3-Year MSCI EAFE Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Triennial
|
90%
Participation
1.95%
Spread
|
| 3-Year MSCI EAFE Balanced Allocation Participation Rate with Declared Rate Option B |
Balanced Allocation
Triennial
|
0.5%
Fixed
60%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| High Point Enhanced Death Benefit Rider | No | 0.50% annually |
| Nationwide High Point 365 Select rider with Bonus | No | 1.10% annually |
| New Heights Select 9 High Point 365 | No | 0.95% annually |
| High Point Select 9 Enhanced Death Benefit Rider with Bonus | No | 0.95% annually |
Brochure
Free withdrawal
1st year: 0%
2nd+ year: 7%
2nd+ year: 7%
Surrender schedule
9 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, IRA, 401a, SEP IRA, IRA-Roth, SIMPLE IRA, Inherited IRA, and NQ Stretch