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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 10 (Most States)

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Highlights

Individual, single-purchase-payment deferred fixed indexed annuity.
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
Type
Fixed Index
Purpose Lifetime Income
Term
10 Years
Surrender schedule
10%10%9%8%7%6%5%4%3%2%
Free withdrawal
10%
Market value adjustment
Return of premium
Launch date
01/11/2021
Minimum contribution
$25,000
Maximum contribution
$1,000,000
Max Age Qualified
85
Types of funds
Non-Qualified, IRA, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, Inherited IRA, and NQ Stretch
Brochure
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Find out if the Nationwide Peak 10 (Most States) is the right product for you.

Premium Notes

Maximum Issue Age
Annuitant: 85 (single or joint); owner: 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

Accessing your money
Nationwide Peak 10 allows you surrender charge- and MVA-free access to your money in the following circumstances: 
  • Withdrawals of up to 10% of your contract value (keep in mind that any distributions prior to age 59½ may be subject to a 10% early withdrawal federal tax penalty) 
  • Required minimum distributions, even if they exceed 10% of your contract value; please keep in mind that money withdrawn from the index account during the index term will forfeit potential earnings that would have been credited at the end of the term.

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.3% Fixed
1-Year BNPP Global H-Factor PTP Cap
Point to Point
Annual
9% Cap
2-Year BNPP Global H-Factor PTP Participation Rate with Spread Option A
Point to Point
Biennial
325% Participation
1% Spread
2-Year BNPP Global H-Factor PTP Participation Rate with Spread Option B
Point to Point
Biennial
295% Participation
1-Year AB Growth & Value Balanced PTP Cap
Point to Point
Annual
9% Cap
2-Year AB Growth & Value Balanced PTP Participation rate with Spread Option A
Point to Point
Biennial
280% Participation
1% Spread
2-Year AB Growth & Value Balanced PTP Participation rate with Spread Option B
Point to Point
Biennial
250% Participation
1-Year J.P. Morgan Cycle PTP Cap
Point to Point
Annual
9% Cap
2-Year J.P. Morgan Cycle PTP Participation Rate with Spread Option A
Point to Point
Biennial
285% Participation
1% Spread
2-Year J.P. Morgan Cycle PTP Participation Rate with Spread Option B
Point to Point
Biennial
265% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.5% Cap
2-Year S&P 500 PTP Participation Rate with Spread Option A
Point to Point
Biennial
65% Participation
1% Spread
2-Year S&P 500 PTP Participation Rate with Spread Option B
Point to Point
Biennial
55% Participation
1-Year S&P 500 DRC 5% ER PTP Cap
Point to Point
Annual
9% Cap
2-Year S&P 500 DRC 5% ER PTP Participation Rate with Spread Option A
Point to Point
Biennial
250% Participation
1% Spread
2-Year S&P 500 DRC 5% ER PTP Participation Rate with Spread Option B
Point to Point
Biennial
225% Participation
1-Year Fixed Account
Fixed
4.55% Fixed
1-Year BNPP Global H-Factor PTP Cap
Point to Point
Annual
10% Cap
2-Year BNPP Global H-Factor PTP Participation Rate with Spread Option A
Point to Point
Biennial
340% Participation
1% Spread
2-Year BNPP Global H-Factor PTP Participation Rate with Spread Option B
Point to Point
Biennial
320% Participation
1-Year AB Growth & Value Balanced PTP Cap
Point to Point
Annual
10% Cap
2-Year AB Growth & Value Balanced PTP Participation rate with Spread Option A
Point to Point
Biennial
300% Participation
1% Spread
2-Year AB Growth & Value Balanced PTP Participation rate with Spread Option B
Point to Point
Biennial
270% Participation
1-Year J.P. Morgan Cycle PTP Cap
Point to Point
Annual
10% Cap
2-Year J.P. Morgan Cycle PTP Participation Rate with Spread Option A
Point to Point
Biennial
305% Participation
1% Spread
2-Year J.P. Morgan Cycle PTP Participation Rate with Spread Option B
Point to Point
Biennial
285% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
8% Cap
2-Year S&P 500 PTP Participation Rate with Spread Option A
Point to Point
Biennial
70% Participation
1% Spread
2-Year S&P 500 PTP Participation Rate with Spread Option B
Point to Point
Biennial
60% Participation
1-Year S&P 500 DRC 5% ER PTP Cap
Point to Point
Annual
10% Cap
2-Year S&P 500 DRC 5% ER PTP Participation Rate with Spread Option A
Point to Point
Biennial
265% Participation
1% Spread
2-Year S&P 500 DRC 5% ER PTP Participation Rate with Spread Option B
Point to Point
Biennial
235% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
Guaranteed Income Solution Yes
Bonus Income Rider (Single) No 1.00% annually (1.20% max)
Bonus Income Rider (Joint) No 1.30% annually (1.60% max)

Waivers

Terminal Illness

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; the maximum issue age is 80.

Annuitization

Available after 2 years or the date the annuitant reaches age 100, unless another date is chosen by the contract owner

Confinement

100% of the contract may be withdrawn penalty free if you are confined to a nursing home for a continuous 90-day period; confinement must begin after the contract is issued and may not be available in all states; maximum issue age is 80. The nursing home waiver does not include home health care.

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