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Nationwide New Heights Select 10 (Most States)

The Nationwide New Heights Select 10 annuity plan is a great choice for future-planning. Key benefits include lifetime income, protection from market downturns and tax deferral on earnings, helping your savings grow.

This annuity plan provides opportunity for growth associated with several market indices and also ensures your retirement savings are protected. If you value security and growth, Nationwide's plan won't let you down.

Nationwide New Heights Select 10 (Most States)

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About Product

Type

Fixed Index

Purpose

Lifetime Income & Legacy

Term

10 Years

Surrender schedule

10%

Fee withdrawal:

Market Value Adjustment

Yes

Return Of Premium

Yes

Minimum Contribution

$25,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, 401a, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, Inherited IRA, and NQ Stretch

Launch Date

03/08/2021

Nationwide New Heights Select is a single premium fixed indexed deferred annuity. New Heights Select offers a growth opportunity with strategy options that track the performance of an index and lock in earnings at the end of each strategy term. Strategy options also guarantee your contract value will never go down due to the negative performance of an index.

Please note if an independent agent wants to sell New Heights Select, they have to go through Annexus.

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, VA, WV, and WI

Allocation Accounts

Name	Type	Rates
2-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Biennial	225% Participation 0.75% Spread
2-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate Option B	Balanced Allocation Biennial	205% Participation
2-Year SG Macro Compass Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Biennial	165% Participation 0.75% Spread
2-Year SG Macro Compass 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	205% Participation 0.75% Spread
2-Year NYSE Zebra Edge II Balanced Allocation Participation Rate Option B	Balanced Allocation Biennial	185% Participation
2-Year S&P 500 Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Biennial	60% Participation 1.95% Spread
2-Year S&P 500 Balanced Allocation Participation Rate with Declared Rate Option B	Balanced Allocation Biennial	0.25% Fixed 40% Participation
2-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Biennial	185% Participation 0.75% Spread
2-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate Option B	Balanced Allocation Biennial	165% Participation
2-Year MSCI EAFE Balanced Allocation Participation Rate with Spread Option A (VA Only)	Balanced Allocation Biennial	80% Participation 1.95% Spread
2-Year MSCI EAFE Balanced Allocation Participation Rate with Declared Rate Option B (VA Only)	Balanced Allocation Biennial	0.5% Fixed 55% Participation
1-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate Option B	Balanced Allocation Annual	145% Participation
1-Year SG Macro Compass Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Annual	125% Participation 0.75% Spread
1-Year SG Macro Compass 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	150% Participation 0.75% Spread
1-Year NYSE Zebra Edge II Balanced Allocation Participation Rate Option B	Balanced Allocation Annual	135% Participation
1-Year S&P 500 Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Annual	50% Participation 1.95% Spread
1-Year S&P 500 Balanced Allocation Participation Rate Option B	Balanced Allocation Annual	0.25% Fixed 30% Participation
1-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Annual	135% Participation 0.75% Spread
1-Year J.P. Morgan Mozaic II Balanced Allocation Participation Rate Option B	Balanced Allocation Annual	120% Participation
1-Year MSCI EAFE Balanced Allocation Participation Rate with Spread Option A (VA Only)	Balanced Allocation Annual	60% Participation 1.95% Spread
1-Year MSCI EAFE Balanced Allocation Participation Rate Option B (VA Only)	Balanced Allocation Annual	0.5% Fixed 40% Participation
1-Year Goldman Sachs New Horizons Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Annual	155% Participation 0.75% Spread
1-Year Loomis Sayles Discovery Balanced Allocation Participation Rate Option B	Balanced Allocation Annual	90% Participation
1-Year Loomis Sayles Discovery Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Annual	100% Participation 0.95% Spread
1-Year Nasdaq-100 Volatility Control 10% PR Balanced Allocation Participation Rate with Spread Option A	Balanced Allocation Annual	60% Participation 1.25% Spread
1-Year Nasdaq-100 Volatility Control 10% PR Balanced Allocation Participation Rate Option B	Balanced Allocation Annual	50% Participation
2-Year Loomis Sayles Discovery Balanced Allocation Participation Rate with Spread Option A (Limited States)	Balanced Allocation Biennial	150% Participation 0.95% Spread
2-Year Loomis Sayles Discovery Balanced Allocation Participation Rate Option B (Limited States)	Balanced Allocation Biennial	130% Participation
2-Year Nasdaq-100 Volatility Control 10% PR Balanced Allocation Participation Rate Option B (Limited States)	Balanced Allocation Biennial	55% Participation
2-Year Nasdaq-100 Volatility Control 10% PR Balanced Allocation Participation Rate with Spread Option A (Limited States)	Balanced Allocation Biennial	75% Participation 1.25% Spread

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

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Investment Amount

Riders

Name	Inbuilt	Fee
High Point Enhanced Death Benefit Rider	No	0.50% annually
Nationwide High Point 365 Select rider with Bonus	No	1.10% annually
New Heights Select 10 High Point 365	No	0.95% annually
High Point Select Enhanced Death Benefit Rider with Bonus	Yes	0.80% annually

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

Balanced Allocation Strategy (BAS) options, also known as strategy options, are a blend of an index component, a declared rate component, and a strategy spread component that are combined to determine earnings. A contract may be allocated to a maximum of five strategy options at any time.

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.Required Minimum Distribution (RMD)Available free of Surrender Charges and MVA (if applicable).Market Value Adjustment (MVA)Applies during the Surrender Charge period to withdrawals in excess of the contract’s free withdrawal amount, and does not apply to long-term care event or terminal illness or injury withdrawals or if a death benefit is payable; not applicable in all states. Please refer to the back page for more information on MVA.

Company Founded: 1929

TOP Rated Company

Nationwide Life Insurance Company

Company Ratings

4.7