Nationwide Clear Horizon® Indexed Annuity
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Nationwide Clear Horizon Indexed Annuity


Annuities are a long-term contract you purchase from an insurance company to help you accumulate assets for retirement. They offer several ways to generate income, including systematic withdrawal and annuitization; annuitization is offered at no additional cost. If you take withdrawals before you're age 59½, you may have to pay a 10% early withdrawal federal tax penalty in addition to ordinary income taxes. Withdrawals may trigger early surrender charges.

Guarantees and protections are subject to the claims-paying ability of Nationwide Life and Annuity Insurance Company.

A fixed indexed annuity offers returns based on the changes in a securities index, such as the S&P 500® Composite Stock Price Index. Indexed annuity contracts also offer a specified minimum which the contract value will not fall below, regardless of index performance. After a period of time, the insurance company will make payments to you under the terms of your contract. A fixed indexed annuity is not a stock market investment and does not directly participate in any stock or equity investment. It may be appropriate for individuals who want guaranteed interest rates and the potential for lifetime income. Lifetime income may be provided through annuitization at no additional cost.

Target market

Nationwide Clear Horizon Index Annuity is for clients who desire a measure of protection for their money without losing the ability to benefit from gains in the market.

Key features

Two account options are available - an interest account and an index account. Money can be allocated into one or both accounts, but the total allocation must equal 100%.

  • Interest account - money receives annual interest based on a stated interest rate.
  • Index cap option - money can receive additional annual interest credits based on the performance of the S&P 500 Composite Stock Index* (excluding dividends and capital gains) up to a maximum amount (for example, 7%), referred to as a cap.
  • Interest credited annually based on the performance of the S&P 500 Composite Stock Index, without capital gains and dividends, up to the cap; interest rates “locked in” at the end of the index period.  Please understand that the contract doesn’t directly participate in any stock or equity investments. If you make any withdrawals or surrender any part of your contract before the end of an index period, those amounts will not receive any index participation. Also, failure to maintain the contract to maturity may result in no participation in the equity index. It’s also important to know that actual returns may be less than the return of the linked index, and possibly even negative if part, or all, of the contract is surrendered before the end of any applicable surrender period.  
  • Optional return of purchase payment rider (Note: Election of this rider results in a deduction that applies to all declared interest rates and index caps.)
  • Tax-deferred growth potential

Restrictions and limitations apply.

Sales idea

Product literature/support materials

Product details

  • Maximum issue age: 90 for owner and annuitant (Note: Some states have younger age restrictions.)
  • Plan types: Nonqualified, IRA, Roth IRA
  • Minimum initial investment: $10,000 single purchase payment
  • Contingent Deferred Sales Charge (CDSC): 7-year declining charge
  • CDSC free withdrawals:
    • 10% of contract value annually after first year (noncumulative); withdrawals will not receive any interest credits earned during the index period the withdrawal was made
  • CDSC Waivers: Terminal illness and long-term case (may not be available in all states)
  • Minimum guarantee:
    • During CDSC: greater of (1) contract value minus CDSC charge, (2) 90% of purchase payments accumulated at 1.50% interest, (3) minimum non-forfeiture value as determined by state
    • After CDSC: Return of purchase payment plus interest credited minus previous withdrawals
  • Principal guarantee
    • Standard: return of principal if held through CDSC period minus previous withdrawals and applicable state premium taxes
    • Return of purchase payment rider: guarantees return of principal, minus previous withdrawals and applicable state premium taxes, when entire contract value is surrendered during CDSC period, the CDSC will be deducted from the interest earned, not principal;  this rider results in a deduction that applies to all declared interest rates and index caps.

Get started

For more information or to make a case, contact your Nationwide® wholesaler at 1-800-321-6064.

Nationwide Clear Horizon is an individual, single purchase payment, deferred, fixed interest and indexed annuity.

The "S&P 500" is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Nationwide Life and Annuity Insurance Company ("Nationwide"). Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); DJIA®, The Dow®, Dow Jones® and Dow Jones Industrial Average are trademarks of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Nationwide. Nationwide Clear Horizon® Indexed Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500.

The Nationwide Clear Horizon Indexed Annuity, an individual, single purchase payment, deferred, index annuity, is issued by Nationwide Life Insurance Company, Columbus, Ohio, a member of Nationwide Financial. Please note, the contract doesn’t directly participate in any stock or equity investments.

Nationwide and Nationwide Clear Horizon are service marks of Nationwide Mutual Insurance Company.