Nationwide Lifetime Income CaptureSM Rider

Nationwide Lifetime Income CaptureSM Rider

Nationwide designed Lifetime Income Capture to help provide income in retirement and to offer potential income growth, even after withdrawals begin. This optional rider1 is available at an additional cost and must be elected at the time the contract is issued. When added to a Nationwide variable annuity, Lifetime Income Capture is designed to deliver:

  • A simple interest roll-up rate on the original income benefit base and additional purchase payments for 15 years or until the first lifetime withdrawal, whichever comes first, that is calculated annually and is based on the monthly 10-Year Treasury constant maturity rate plus 3%2
  • An annual step-up feature on the income benefit base that locks-in the highest monthly contract value on the rider anniversary3
  • Guaranteed lifetime income with the Attained Age feature allows for opportunities to increase after lifetime withdrawals have started
  • A Joint Option for continuation of income for your spouse, available at an additional cost
  • Managed volatility investment options4

Learn more about Lifetime Income Capture.