Fixed index annuity review and rates
Nationwide Peak 5 (Most States)
Individual, single-purchase-payment deferred fixed indexed annuity.
Available in states:
AL, AK, AZ, AR, CO, CT, DC, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, WA, WV, WI, and WY
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
4.7%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
8.5%
Cap
|
| 1-Year MSCI EAFE PTP Cap |
Point to Point
Annual
|
8.5%
Cap
|
| 1-Year Morgan Stanley 3D PTP Cap |
Point to Point
Annual
|
9.5%
Cap
|
| 1-Year J.P. Morgan Mozaic II PTP Cap |
Point to Point
Annual
|
9.5%
Cap
|
| 1-Year Fixed Account |
Fixed
|
4.85%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9%
Cap
|
| 1-Year MSCI EAFE PTP Cap |
Point to Point
Annual
|
9.25%
Cap
|
| 1-Year Morgan Stanley 3D PTP Cap |
Point to Point
Annual
|
10%
Cap
|
| 1-Year J.P. Morgan Mozaic II PTP Cap |
Point to Point
Annual
|
10%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% |
Brochure
Free withdrawal
10%
Surrender schedule
5 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