Fixed index annuity review and rates

Nationwide Peak 10 (Most States)

Individual, single-purchase-payment deferred fixed indexed annuity.
Available in states: AL, AZ, AR, CO, DC, FL, GA, HI, IL, IN, KS, KY, LA, ME, MD, MA, MI, MT, NE, NM, NC, ND, SD, TN, VT, WV, and WI

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.55% Fixed
1-Year BNPP Global H-Factor PTP Cap
Point to Point
Annual
9% Cap
2-Year BNPP Global H-Factor PTP Participation Rate with Spread Option A
Point to Point
Biennial
275% Participation
1% Spread
2-Year BNPP Global H-Factor PTP Participation Rate with Spread Option B
Point to Point
Biennial
255% Participation
1-Year AB Growth & Value Balanced PTP Cap
Point to Point
Annual
9% Cap
2-Year AB Growth & Value Balanced PTP Participation rate with Spread Option A
Point to Point
Biennial
250% Participation
1% Spread
2-Year AB Growth & Value Balanced PTP Participation rate with Spread Option B
Point to Point
Biennial
225% Participation
1-Year J.P. Morgan Cycle PTP Cap
Point to Point
Annual
9% Cap
2-Year J.P. Morgan Cycle PTP Participation Rate with Spread Option A
Point to Point
Biennial
260% Participation
1% Spread
2-Year J.P. Morgan Cycle PTP Participation Rate with Spread Option B
Point to Point
Biennial
235% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.75% Cap
2-Year S&P 500 PTP Participation Rate with Spread Option A
Point to Point
Biennial
50% Participation
1% Spread
2-Year S&P 500 PTP Participation Rate with Spread Option B
Point to Point
Biennial
45% Participation
1-Year S&P 500 Average DRC 5% PTP Cap
Point to Point
Annual
9% Cap
2-Year S&P 500 Average DRC 5% PTP Participation Rate with Spread Option A
Point to Point
Biennial
255% Participation
1% Spread
2-Year S&P 500 Average DRC 5% PTP Participation Rate with Spread Option B
Point to Point
Biennial
225% Participation
1-Year Fixed Account
Fixed
3.8% Fixed
1-Year BNPP Global H-Factor PTP Cap
Point to Point
Annual
10% Cap
2-Year BNPP Global H-Factor PTP Participation Rate with Spread Option A
Point to Point
Biennial
285% Participation
1% Spread
2-Year BNPP Global H-Factor PTP Participation Rate with Spread Option B
Point to Point
Biennial
275% Participation
1-Year AB Growth & Value Balanced PTP Cap
Point to Point
Annual
10% Cap
2-Year AB Growth & Value Balanced PTP Participation rate with Spread Option A
Point to Point
Biennial
265% Participation
1% Spread
2-Year AB Growth & Value Balanced PTP Participation rate with Spread Option B
Point to Point
Biennial
240% Participation
1-Year J.P. Morgan Cycle PTP Cap
Point to Point
Annual
10% Cap
2-Year J.P. Morgan Cycle PTP Participation Rate with Spread Option A
Point to Point
Biennial
280% Participation
1% Spread
2-Year J.P. Morgan Cycle PTP Participation Rate with Spread Option B
Point to Point
Biennial
250% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.25% Cap
2-Year S&P 500 PTP Participation Rate with Spread Option A
Point to Point
Biennial
55% Participation
1% Spread
2-Year S&P 500 PTP Participation Rate with Spread Option B
Point to Point
Biennial
50% Participation
1-Year S&P 500 Average DRC 5% PTP Cap
Point to Point
Annual
10% Cap
2-Year S&P 500 Average DRC 5% PTP Participation Rate with Spread Option A
Point to Point
Biennial
270% Participation
1% Spread
2-Year S&P 500 Average DRC 5% PTP Participation Rate with Spread Option B
Point to Point
Biennial
240% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 10% 10% 9% 8% 7% 6% 5% 4% 3% 2%

Riders

Name Inbuilt Fee
Guaranteed Income Solution Yes None
Bonus Income Rider (Single) No 1.00% annually
Bonus Income Rider (Joint) No 1.30% annually
Nationwide Life Insurance Company
Founded: 1929
A.M. Best: A+
S&P: A+
Moody's: A1
Carrier details
Free withdrawal
10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, IRA, 401a, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, Inherited IRA, and NQ Stretch