Nationwide Defined Protection Annuity 2.0

Nationwide Life Insurance Company
Nationwide Defined Protection Annuity 2.0-brochure Nationwide Defined Protection Annuity 2.0-brochure

Nationwide Defined Protection Annuity 2.0

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Ratings:

  • A.M. Best A+
  • S&P A+
  • Moody's A1
  • Comdex 90

About Product

Type
Registered Index-Linked
Purpose
Accumulation
Term
6 Years
Surrender schedule
8%8%7%6%5%4%
Fee withdrawal:
10%
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$25,000
Maximum Contribution
$1,000,000
Max Age Qualified
85
Types Of Funds
Non-Qualified, 401k, IRA, 401a, SEP IRA, IRA-Roth, and SIMPLE IRA
Launch Date
05/20/2024
The Nationwide Defined Protection Annuity 2.0 is a single purchase payment deferred annuity contract issued by Nationwide Life Insurance Company. In exchange for your investment, you’ll receive growth opportunities based on the performance of an underlying index and some protection, at a level you select, from negative performance. 
Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, PA, PR, RI, SC, SD, TN, TX, UT, VT, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Strategy
Fixed
4% Fixed
1-Year S&P 500 Average DRC 10% Strategy B with 100% Protection
Point to Point
Annual
45% Participation
3-Year NYSE Zebra Edge Strategy A with 90% Protection
Point to Point
Triennial
290% Participation
1% Spread
1-Year S&P 500 Average DRC 10% Strategy B with 95% Protection
Point to Point
Annual
65% Participation
1-Year S&P 500 Average DRC 10% Strategy B with 90% Protection
Point to Point
Annual
80% Participation
1-Year SG Macro Compass Strategy B with 90% Protection
Point to Point
Annual
295% Participation
1-Year SG Macro Compass Strategy B with 95% Protection
Point to Point
Annual
220% Participation
1-Year SG Macro Compass Strategy B with 100% Protection
Point to Point
Annual
120% Participation
3-Year SG Macro Compass Strategy B with 95% Protection
Point to Point
Triennial
260% Participation
3-Year SG Macro Compass Strategy B with 90% Protection
Point to Point
Triennial
310% Participation
3-Year SG Macro Compass Strategy B with 100% Protection
Point to Point
Triennial
185% Participation
3-Year SG Macro Compass Strategy A with 100% Protection
Point to Point
Triennial
215% Participation
1% Spread
3-Year SG Macro Compass Strategy A with 90% Protection
Point to Point
Triennial
350% Participation
1% Spread
3-Year SG Macro Compass Strategy A with 95% Protection
Point to Point
Triennial
295% Participation
1% Spread
1-Year SG Macro Compass Strategy A with 100% Protection
Point to Point
Annual
140% Participation
1% Spread
1-Year SG Macro Compass Strategy A with 95% Protection
Point to Point
Annual
245% Participation
1% Spread
1-Year SG Macro Compass Strategy A with 90% Protection
Point to Point
Annual
330% Participation
1% Spread
1-Year NYSE Zebra Edge Strategy A with 90% Protection
Point to Point
Annual
300% Participation
1% Spread
1-Year NYSE Zebra Edge Strategy A with 95% Protection
Point to Point
Annual
230% Participation
1% Spread
1-Year NYSE Zebra Edge Strategy A with 100% Protection
Point to Point
Annual
140% Participation
1% Spread
3-Year NYSE Zebra Edge Strategy A with 95% Protection
Point to Point
Triennial
250% Participation
1% Spread
3-Year NYSE Zebra Edge Strategy A with 100% Protection
Point to Point
Triennial
190% Participation
1% Spread
3-Year S&P 500 Average DRC 10% Strategy A with 95% Protection
Point to Point
Triennial
95% Participation
1% Spread
3-Year S&P 500 Strategy A with 95% Protection
Point to Point
Triennial
80% Participation
1.5% Spread
1-Year S&P 500 Strategy A with 100% Protection
Point to Point
Annual
50% Participation
1.5% Spread
1-Year S&P 500 Strategy B with 90% Protection
Point to Point
Annual
60% Participation
1-Year S&P 500 Strategy B with 95% Protection
Point to Point
Annual
50% Participation
1-Year S&P 500 Strategy B with 100% Protection
Point to Point
Annual
40% Participation
3-Year S&P 500 Strategy B with 95% Protection
Point to Point
Triennial
65% Participation
3-Year S&P 500 Strategy B with 90% Protection
Point to Point
Triennial
70% Participation
3-Year S&P 500 Strategy B with 100% Protection
Point to Point
Triennial
50% Participation
3-Year S&P 500 Strategy A with 100% Protection
Point to Point
Triennial
65% Participation
1.5% Spread
3-Year S&P 500 Strategy A with 90% Protection
Point to Point
Triennial
90% Participation
1.5% Spread
3-Year S&P 500 Average DRC 10% Strategy B with 95% Protection
Point to Point
Triennial
80% Participation
1-Year S&P 500 Average DRC 10% Strategy A with 100% Protection
Point to Point
Annual
55% Participation
1% Spread
1-Year S&P 500 Strategy A with 95% Protection
Point to Point
Annual
65% Participation
1.5% Spread
1-Year S&P 500 Strategy A with 90% Protection
Point to Point
Annual
80% Participation
1.5% Spread
1-Year S&P 500 Average DRC 10% Strategy A with 90% Protection
Point to Point
Annual
95% Participation
1% Spread
1-Year S&P 500 Average DRC 10% Strategy A with 95% Protection
Point to Point
Annual
80% Participation
1% Spread
3-Year S&P 500 Average DRC 10% Strategy A with 90% Protection
Point to Point
Triennial
105% Participation
1% Spread
3-Year S&P 500 Average DRC 10% Strategy A with 100% Protection
Point to Point
Triennial
75% Participation
1% Spread
3-Year S&P 500 Average DRC 10% Strategy B with 100% Protection
Point to Point
Triennial
65% Participation
3-Year S&P 500 Average DRC 10% Strategy B with 90% Protection
Point to Point
Triennial
85% Participation
1-Year BlackRock Select Factor Strategy B with 95% Protection
Point to Point
Annual
200% Participation
3-Year J.P. Morgan Mozaic II Strategy A with 95% Protection
Point to Point
Triennial
285% Participation
1% Spread
3-Year J.P. Morgan Mozaic II Strategy A with 90% Protection
Point to Point
Triennial
335% Participation
1% Spread
3-Year J.P. Morgan Mozaic II Strategy A with 100% Protection
Point to Point
Triennial
210% Participation
1% Spread
3-Year J.P. Morgan Mozaic II Strategy B with 100% Protection
Point to Point
Triennial
185% Participation
3-Year J.P. Morgan Mozaic II Strategy B with 90% Protection
Point to Point
Triennial
300% Participation
3-Year J.P. Morgan Mozaic II Strategy B with 95% Protection
Point to Point
Triennial
250% Participation
1-Year J.P. Morgan Mozaic II Strategy B with 100% Protection
Point to Point
Annual
130% Participation
1-Year J.P. Morgan Mozaic II Strategy B with 95% Protection
Point to Point
Annual
225% Participation
1-Year J.P. Morgan Mozaic II Strategy B with 90% Protection
Point to Point
Annual
300% Participation
1-Year BlackRock Select Factor Strategy B with 90% Protection
Point to Point
Annual
265% Participation
1-Year J.P. Morgan Mozaic II Strategy A with 100% Protection
Point to Point
Annual
150% Participation
1% Spread
1-Year BlackRock Select Factor Strategy B with 100% Protection
Point to Point
Annual
115% Participation
3-Year BlackRock Select Factor Strategy B with 95% Protection
Point to Point
Triennial
235% Participation
3-Year BlackRock Select Factor Strategy B with 90% Protection
Point to Point
Triennial
275% Participation
3-Year BlackRock Select Factor Strategy B with 100% Protection
Point to Point
Triennial
175% Participation
3-Year BlackRock Select Factor Strategy A with 100% Protection
Point to Point
Triennial
200% Participation
1% Spread
3-Year BlackRock Select Factor Strategy A with 90% Protection
Point to Point
Triennial
310% Participation
1% Spread
3-Year BlackRock Select Factor Strategy A with 95% Protection
Point to Point
Triennial
265% Participation
1% Spread
1-Year BlackRock Select Factor Strategy A with 100% Protection
Point to Point
Annual
135% Participation
1% Spread
1-Year BlackRock Select Factor Strategy A with 95% Protection
Point to Point
Annual
225% Participation
1% Spread
3-Year MSCI EAFE Strategy B with 90% Protection
Point to Point
Triennial
100% Participation
3-Year NYSE Zebra Edge Strategy B with 100% Protection
Point to Point
Triennial
165% Participation
3-Year NYSE Zebra Edge Strategy B with 90% Protection
Point to Point
Triennial
255% Participation
3-Year NYSE Zebra Edge Strategy B with 95% Protection
Point to Point
Triennial
220% Participation
1-Year NYSE Zebra Edge Strategy B with 100% Protection
Point to Point
Annual
120% Participation
1-Year NYSE Zebra Edge Strategy B with 95% Protection
Point to Point
Annual
200% Participation
1-Year NYSE Zebra Edge Strategy B with 90% Protection
Point to Point
Annual
270% Participation
1-Year MSCI EAFE Strategy B with 90% Protection
Point to Point
Annual
85% Participation
1-Year MSCI EAFE Strategy B with 95% Protection
Point to Point
Annual
70% Participation
1-Year MSCI EAFE Strategy B with 100% Protection
Point to Point
Annual
50% Participation
3-Year MSCI EAFE Strategy B with 95% Protection
Point to Point
Triennial
90% Participation
1-Year BlackRock Select Factor Strategy A with 90% Protection
Point to Point
Annual
300% Participation
1% Spread
3-Year MSCI EAFE Strategy B with 100% Protection
Point to Point
Triennial
70% Participation
3-Year MSCI EAFE Strategy A with 100% Protection
Point to Point
Triennial
90% Participation
1.5% Spread
3-Year MSCI EAFE Strategy A with 90% Protection
Point to Point
Triennial
125% Participation
1.5% Spread
3-Year MSCI EAFE Strategy A with 95% Protection
Point to Point
Triennial
110% Participation
1.5% Spread
1-Year MSCI EAFE Strategy A with 100% Protection
Point to Point
Annual
60% Participation
1.5% Spread
1-Year MSCI EAFE Strategy A with 95% Protection
Point to Point
Annual
85% Participation
1.5% Spread
1-Year MSCI EAFE Strategy A with 90% Protection
Point to Point
Annual
105% Participation
1.5% Spread
1-Year J.P. Morgan Mozaic II Strategy A with 90% Protection
Point to Point
Annual
335% Participation
1% Spread
1-Year J.P. Morgan Mozaic II Strategy A with 95% Protection
Point to Point
Annual
250% Participation
1% Spread

Surrender schedule

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

Riders

No Riders for Nationwide Defined Protection Annuity 2.0 annuity.

Waivers

Terminal Illness

Unavailable in states: CA, and MD

In the event of a long-term care or terminal illness or injury event, withdrawals or surrenders will be treated as Free Withdrawals as long as the contract owner and annuitant are the same person, and the contract owner does not exceed age 80 at issue.

Long-term Care

Unavailable in states: CA, and MD

In the event of a long-term care or terminal illness or injury event, withdrawals or surrenders will be treated as Free Withdrawals as long as the contract owner and annuitant are the same person, and the contract owner does not exceed age 80 at issue.

Premium Notes

Maximum issue ages
85 (annuitant), no limit (owner)

Minimum investment
$25,000 single purchase payment

Plan types
Traditional IRA, Roth IRA, Non-Qualified, Charitable Remainder Trusts (CRT), SEP IRA, Simple IRA, 401(a) (Investment Only), and 401(k) (Investment Only) 

Withdrawal Provisions

Free Withdrawals 
  • 10% of the contract value at the beginning of the contract year or the required minimum distribution amount (whichever is greater) 
  • Free Withdrawals are also available for long-term care or a terminal illness if certain conditions are met.
Market Value Adjustment (MVA)
This will be an adjustment (positive or negative based on market conditions) for withdrawals greater than the Free Withdrawal Amount during the first six years.

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