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%
Nationwide Life Insurance Company
Founded: 1929
A.M. Best: A+
S&P: A+
Moody's: A1
Carrier details
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