Nationwide New Heights Select 10 (CA Only)
Looking for a safety net for your golden years? Nationwide New Heights Select 10 has got you covered. Exclusively for Californians, it gurantees income for life keeping you financially secure.
With return rates that beat most savings accounts, free withdrawals during emergencies, and benefit boosts every year, it's truly a future-proof investment. Secure your retirement with Nationwide New Heights!
Nationwide New Heights Select 10 (CA Only)
About Product
Overview
- Rates specific to New Heights Select 10 in CA. There are two sets of rates; one for the income rider version and another for the base product
- Enhanced death benefit riders not available
- Has a different CDSC schedule, which decreases monthly in the last year
- No MVA
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year SG Macro Compass Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Annual
|
110%
Participation
0.75%
Spread
|
| 1-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate Option B |
Balanced Allocation
Annual
|
125%
Participation
|
| 1-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Annual
|
135%
Participation
0.75%
Spread
|
| 1-Year MSCI EAFE Balanced Allocation Participation Rate Option B |
Balanced Allocation
Annual
|
0.5%
Fixed
35%
Participation
|
| 1-Year MSCI EAFE Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Annual
|
50%
Participation
1.95%
Spread
|
| 1-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate Option B |
Balanced Allocation
Annual
|
105%
Participation
|
| 1-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Annual
|
115%
Participation
0.75%
Spread
|
| 1-Year S&P 500 Balanced Allocation Participation Rate Option B |
Balanced Allocation
Annual
|
0.25%
Fixed
30%
Participation
|
| 1-Year S&P 500 Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Annual
|
40%
Participation
1.95%
Spread
|
| 1-Year NYSE Zebra Edge II Balanced Allocation Participation Rate Option B |
Balanced Allocation
Annual
|
115%
Participation
|
| 1-Year NYSE Zebra Edge II Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Annual
|
130%
Participation
0.75%
Spread
|
| 1-Year SG Macro Compass Balanced Allocation Participation Rate Option B |
Balanced Allocation
Annual
|
95%
Participation
|
| 2-Year SG Macro Compass Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Biennial
|
140%
Participation
0.75%
Spread
|
| 2-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate Option B |
Balanced Allocation
Biennial
|
170%
Participation
|
| 2-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Biennial
|
190%
Participation
0.75%
Spread
|
| 2-Year MSCI EAFE Balanced Allocation Participation Rate with Declared Rate Option B |
Balanced Allocation
Biennial
|
0.5%
Fixed
50%
Participation
|
| 2-Year MSCI EAFE Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Biennial
|
70%
Participation
1.95%
Spread
|
| 2-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate Option B |
Balanced Allocation
Biennial
|
140%
Participation
|
| 2-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Biennial
|
155%
Participation
0.75%
Spread
|
| 2-Year S&P 500 Balanced Allocation Participation Rate with Declared Rate Option B |
Balanced Allocation
Biennial
|
0.25%
Fixed
35%
Participation
|
| 2-Year S&P 500 Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Biennial
|
55%
Participation
1.95%
Spread
|
| 2-Year NYSE Zebra Edge II Balanced Allocation Participation Rate Option B |
Balanced Allocation
Biennial
|
150%
Participation
|
| 2-Year NYSE Zebra Edge II Balanced Allocation Participation Rate with Spread Option A |
Balanced Allocation
Biennial
|
175%
Participation
0.75%
Spread
|
| 2-Year SG Macro Compass Balanced Allocation Participation Rate Option B |
Balanced Allocation
Biennial
|
125%
Participation
|
| 1-Year Loomis Sayles Discovery Balanced Allocation Participation Rate Option B (Limited States) |
Balanced Allocation
Annual
|
75%
Participation
|
| 1-Year Loomis Sayles Discovery Balanced Allocation Participation Rate with Spread Option A (Limited States) |
Balanced Allocation
Annual
|
90%
Participation
0.95%
Spread
|
| 1-Year Nasdaq-100 Volatility Control 10% PR Balanced Allocation Participation Rate with Spread Option A (Limited States) |
Balanced Allocation
Annual
|
50%
Participation
1.25%
Spread
|
| 1-Year Nasdaq-100 Volatility Control 10% PR Balanced Allocation Participation Rate Option B (Limited States) |
Balanced Allocation
Annual
|
40%
Participation
|
| 2-Year Loomis Sayles Discovery Balanced Allocation Participation Rate with Spread Option A (Limited States) |
Balanced Allocation
Biennial
|
125%
Participation
0.95%
Spread
|
| 2-Year Loomis Sayles Discovery Balanced Allocation Participation Rate Option B (Limited States) |
Balanced Allocation
Biennial
|
110%
Participation
|
| 2-Year Nasdaq-100 Volatility Control 10% PR Balanced Allocation Participation Rate Option B (Limited States) |
Balanced Allocation
Biennial
|
45%
Participation
|
| 2-Year Nasdaq-100 Volatility Control 10% PR Balanced Allocation Participation Rate with Spread Option A (Limited States) |
Balanced Allocation
Biennial
|
65%
Participation
1.25%
Spread
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 8% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% | 1% |
Riders
No Riders for Nationwide New Heights Select 10 (CA Only) annuity.
Waivers
Confinement
After the first contract year, if the client has a qualifying long-term care event or terminal illness or injury, all withdrawals will be treated as free withdrawals and receive full earnings to-date.
Premium Notes
Withdrawal Provisions
Accessing your moneyAt any time you may have access to your money, subject to certain terms and conditions. After the first contract anniversary and through the end of the Surrender Charge period, you may withdraw up to 7% of your contract value each year as a free withdrawal without incurring a Surrender Charge (or MVA or recoupment of unvested bonus, if applicable) and receive full earnings-to-date on the amount withdrawn. After the Surrender Charge period, 10% of your contract value each year will receive full earnings-to-date if withdrawn. The amount of any Required Minimum Distribution (RMD) associated with your contract value will be treated as a free withdrawal. Surrender Charge period: For CA, Surrender Charge yearly schedule for the first 9 completed contract years: 8.40%, 8.05%, 7.10%, 6.10%, 5.10%, 4.10%, 3.10%, 2.05%, 1.00%; monthly schedule for completed contract months after year 9: 0.95%, 0.85%, 0.75%, 0.65%, 0.60%, 0.50%, 0.40%, 0.35%, 0.25%, 0.15%, 0.05%; 0% after year 10 is completed Required Minimum Distribution (RMD)Available free of Surrender Charges and MVA (if applicable).
- A.M. Best A+
- S&P A+
- Moody's A1
- Comdex 90
