Nationwide New Heights 12 is a single purchase payment, deferred fixed indexed annuity with features that let you grow retirement savings and help protect your money.1

What is a fixed indexed annuity?

A fixed indexed annuity offers returns based on the changes in an underlying 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. A fixed indexed annuity isn’t a stock market investment, nor does it directly participate in any stock or equity investment.

Lifetime income may be provided through the purchase of an optional rider for an additional cost or through annuitization at no additional cost. If you take withdrawals before you're age 59 1/2, you may have to pay a 10% early withdrawal federal tax penalty in addition to ordinary income taxes. Withdrawals may trigger early surrender charges as well as reduce your death benefit and contract value.1

Key features of Nationwide New Heights 12

Enhanced growth potential

New Heights 12 tracks your potential strategy earnings, also known as earnings, daily, and does not limit the amount of index performance used to calculate your earnings. There’s potential for higher long-term accumulation based on the performance of the underlying index2 and declared rate component, subject to the limitations of the other crediting factors such as the indexed allocation and the strategy spread.3 These limitations may reduce future earnings for your contract.

Protection from market risk

With New Heights 12, we guarantee that you will never lose any of your initial investment or credited earnings due to performance of the underlying index. Additionally, the return of purchase payment guarantee provides assurance that you'll receive 100% of your purchase payment (minus any gross withdrawals):

  • If you surrender your contract after the end of the 12th contract anniversary1
  • When the death benefit is payable
  • On a full surrender on or after a qualifying event, such as a terminal illness, injury or long-term care.4

Please note that the return of purchase payment guarantee may be modified if an optional rider is purchased.

Keep in mind, if you withdraw assets within the first twelve years of your contract, your principal may be reduced by a contingent deferred sales charge.1

Optional riders

New Heights 12 has optional riders, which must be elected at the time of issue; only one rider may be elected per contract, are available for an additional cost, and they offer:

  • Guaranteed lifetime income for you, or for you and your spouse or
  • Legacy planning for you and your heirs

New Heights 12 brochure

Nationwide New Heights 12 resources

Make the most out of your fixed indexed annuity.

Current strategy options & rates

Available riders

Nationwide High Point® 365 Lifetime Income Benefit Rider

Provides the opportunity for growth potential, even after lifetime income payments have started.

Nationwide High Point 365® Lifetime Income Benefit Rider with Purchase Payment Bonus

Provides the certainty of a guaranteed roll-up, as well as the opportunity for greater growth potential the longer you wait to initiate lifetime income5, while providing the flexibility to begin income after only one full contract year.

Nationwide High Point® Enhanced Death Benefit Rider

Provides growth potential and allows the death benefit to be paid regardless of whether you or your spouse dies first.

If you elect the Joint Option and name a co-annuitant, the death benefit payable on the first death of either annuitant will be the greater of the base contract death benefit and the enhanced death benefit.

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New Heights 12 is not available in Alaska, California, Connecticut, Delaware, Guam, Iowa, Minnesota, Missouri, Mississippi, Montana, New Jersey, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Texas, Utah, the U.S. Virgin Islands or Washington.

[1] If you withdraw assets within the first 12 years of your contract, your principal may be reduced by fees known as contingent deferred sales charges (CDSC). In CA, CDSC is called a surrender charge. CDSC schedules may vary by state.

[2] Note: While the crediting factors will not change during a strategy term, crediting factors for each subsequent strategy term may vary.

[3] Some indexes do not include dividends paid on the underlying stocks, and therefore do not reflect the total return of the underlying stocks; an index or any market-indexed annuity is not comparable to a direct investment in the financial markets. Clients who purchase indexed annuities are not directly investing in a stock market index. An index cannot be invested in directly and is unmanaged. A blend of indices may not be available at the time of contract issue, but may be available in the future; if a blend is not available, a single index will be used. Past index performance is not a representation of future performance.

[4] A long-term care event or terminal illness or injury event requires that the contract owner and annuitant are the same person, and that person is no older than the maximum identified eligibility age on the date of issue. A long-term care event (in some states referred to as confinement) requires that the contract owner has been confined to a long-term care facility or hospital for a continuous 90-day period that began after the contract issue date. A terminal illness or injury event must be diagnosed after the contract issue date by a physician who certifies that the contract owner is expected to live less than 12 months from the diagnosis. These options may not be available in all states. Please note that additional limitations and restrictions may apply.

[5] Lifetime income payments can begin after the first contract anniversary and the date that the youngest covered life reaches age 50. Once the contract is issued, the range of lifetime payout percentages applicable to the contract will not change; however, payout percentages increase within that range every year income is deferred until the maximum payout percentage is reached. Once the lifetime income payments begin, the payout percentage will not change.

Read this important information

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

Nationwide New Heights is underwritten by Nationwide Life and Annuity Insurance Company, Columbus, Ohio 43215.

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 New Heights℠ Fixed 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.

Nationwide New Heights, Nationwide High Point 365 and Nationwide High Point are service marks of Nationwide Mutual Insurance Company.


ICC13-FACC-0108AOPP, ICC16-FARR-0106AO, ICC16-FARR-0107AO, ICC16-FARR-0110AO, ICC16-FARR-0111AO