Best Guaranteed Annuity Rates

Nationwide Platinum Edge

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Nationwide Platinum Edge is a registered, modified, flexible premium deferred annuity with a market value adjustment.

Age limits
You can be a contract owner at any age, and you can be an annuitant through age 85.

Minimum investments
 $10,000: Nonqualified / $2,000: IRAs and Roth IRAs 
 $1,000 for subsequent payments; $100 for electronic transfer of funds 
 Electronic funds less than $1,000 are held in the transition account until the $1,000 minimum investment is met 

Transition account
At the end of each guarantee period, assets are moved to a transition account that offers a minimal interest rate. Withdrawals from the transition account are not subject to a contingent deferred sales charge (CDSC) or market value adjustment. If assets are transferred from the transition account to a guarantee period, a new CDSC schedule will apply.

Accessing your money
Nationwide Platinum Edge allows CDSC-free access to your money when:
  • Withdrawing up to 10% of the contract value (noncumulative) per year (a MVA applies); withdrawals must be a minimum of $100
  • Withdrawing money from the transition account (no MVA)
Nationwide Platinum Edge offers a CDSC waiver for money in a guarantee period when:  
  • Confined to a nursing home or long-term care facility for a continuous 180-day period 
  • The annuitant dies 
  • The contract is annuitized after two years 
Market value adjustments 
If you withdraw money before the end of a CDSC period, an MVA could apply. If you have an MVA in your contract, it could add or subtract value from your annuity if you make a withdrawal during your CDSC period. Generally speaking: 
  • If interest rates have gone up, the MVA will be negative and money will be subtracted from your withdrawal 
  • If interest rates have gone down, the MVA will be positive and money will be added to your withdrawal 
Death benefit
Your death benefit will be the current contract value. The value is determined by adding all interest earned to your purchase payment minus any previous withdrawals and applicable MVAs.

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.

MYGA Interest Rates

Annual percentage yield (APY)
earned over the investment term
3 years 3.75%
4 years 4.2%
5 years 4.25%
6 years 4.3%
7 years 4.35%
8 years 4.4%
9 years 4.45%
10 years 4.5%

Traditional Fixed Annuity Interest Rates

Surrender Years First Year Yield Term Guaranteed Yield Term Current Yield
0 0.1% 0.1% 0.1%

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