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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Nationwide Peak (Most States)

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Highlights

Individual, single-purchase-payment deferred fixed indexed annuity.
Available in states: AL, AK, AZ, AR, CO, CT, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Type
Fixed Index
Purpose Accumulation
Term
7 Years
Surrender schedule
9%8%7%6%5%4%3%
Free withdrawal
10%
Market value adjustment
Return of premium
Launch date
05/09/2016
Minimum contribution
$25,000
Maximum contribution
$1,000,000
Max Age Qualified
90
Types of funds
Non-Qualified, IRA, IRA Rollover, 401a, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, Inherited IRA, and NQ Stretch
Brochure
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Find out if the Nationwide Peak (Most States) is the right product for you.

Premium Notes

Maximum issue age
Annuitant: 90 for single life, 85 for joint
Owner may be any age.
Due to the passage of the SECURE Act, beneficiaries of certain tax-qualified accounts (401, 403(a), 403(b), 408(b), 408A, and governmental 457(b)) will be required to take a full payout from the inherited IRA within 10 years of the death of the original account holder. 

Withdrawal Provisions

Free withdrawals 
  • 10% annually of contract value at beginning of term (noncumulative).
  • Withdrawals will not receive any index account earnings.
Market value adjustment (MVA)
Applies during the CDSC period to withdrawals in excess of the contract’s free withdrawal amount; does not apply to withdrawals made under a long-term care/confinement waiver, terminal illness/terminal injury waiver or required minimum distributions.

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.75% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.5% Cap
1-Year MSCI EAFE PTP Cap
Point to Point
Annual
11% 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
5% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.25% Cap
1-Year MSCI EAFE PTP Cap
Point to Point
Annual
11.5% 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 6 7
Penalty 9% 8% 7% 6% 5% 4% 3%

Riders

Name Inbuilt Fee
Care Concierge Yes

Waivers

Terminal Illness

Terminal illness or injury waiver: 100% of the contract value may be withdrawn penalty-free after the first contract year if terminal illness or injury is diagnosed after the contract is issued; may not be available in all states.

Annuitization

Annuitization begins on the annuity commencement date and is irrevocable once payments have begun; the annuity commencement date is the first contract anniversary on or after the date the oldest annuitant on the contract reaches age 100 and cannot be changed, unless state law prohibits such a restriction

Confinement

Long-term care or confinement waiver: 100% of the contract may be withdrawn penalty free if you are confined to a nursing home for a continuous 90-day period after the first contract year; confinement must begin while contract is in force and may not be available in all states. The nursing home waiver does not include home health care.

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