As you continue reviewing the Nationwide New Heights® Select Fixed Indexed Annuity, consider how these optional riders can help you tailor it to focus more on what’s important to you.

Note that these riders are available for an additional cost, they must be elected at the time of issue, and only one rider may be elected per contract.

Guarantee lifetime income for yourself

Two optional riders include a combination of features designed to increase the lifetime income you can expect in retirement.

Nationwide High Point 365® Select
Lifetime Income Rider

This option guarantees that your income benefit base (what we use to calculate your income) will grow by the greater of:

  • A daily step-up opportunity on the income benefit base that captures the highest DAV (Daily Accumulation Value)1 –or–
  • The Minimum Income Benefit Value, which guarantees daily growth of your purchase payment at a 1% compound annual rate for 10 years or until the first lifetime income withdrawal, whichever comes first

The additional cost for this rider is 0.95%; it’s calculated on the high point income benefit base and deducted from the contract value quarterly.

Nationwide High Point 365® Select
Lifetime Income Rider with Bonus

This option offers instant growth of the income benefit base with its Minimum Income Benefit Value Bonus of 20%.

And it guarantees that your income benefit base will continue to grow by the greater of:

  • A daily step-up opportunity on the income benefit base that captures the highest DAV (Daily Accumulation Value)1 –or–
  • The Minimum Income Benefit Value, which guarantees daily growth of your purchase payment at a 8% compound annual rate for 10 years or until the first lifetime income withdrawal, whichever comes first
The additional cost for this rider is 1.10%; it’s calculated on the high point income benefit base and deducted from the contract value quarterly.

Both living benefit rider options feature:

  • Payout percentages that increase the longer you wait to take lifetime income
  • A joint option that provides continuation of income to the spouse (if elected, the lifetime payout percentage is lower and based on the age of the younger spouse)
  • Issue ages from 40 to 80 (includes spouse if joint option is chosen)3

For Nationwide High Point 365® Select Lifetime Income Rider, income payments can begin after the fifth contract anniversary and the date when the younger covered life reaches age 50.

For Nationwide High Point 365® Select Lifetime Income Rider with Bonus, income payments can begin after the first contract anniversary and the date when the younger covered life reaches age 50.

Enhance the legacy you leave for your heirs

Two optional riders include a combination of features designed to protect and increase the death benefit we would pay to your beneficiary.

Nationwide High Point® Select
Enhanced Death Benefit Rider

This option guarantees that your death benefit will grow by the greater of:

  • A daily step-up opportunity on the death benefit amount that locks in the highest DAV (Daily Accumulation Value)1 –or–
  • The Minimum Enhanced Death Benefit (EDB) Value, a daily guaranteed increase of the purchase payment at a 4% compound annual rate until the earliest of:
    • - The date, if any, the enhanced death benefit reaches 200% of the purchase payment
    • - The contract anniversary after the older annuitant reaches age 80
    • - The date the first death benefit is payable

The additional cost for this rider is 0.50% for Nationwide New Heights Select 8, 9 and 10; it’s 0.55% annually for Nationwide New Heights Select 12. The cost is calculated on the enhanced death benefit value and deducted from the contract value quarterly.

Nationwide High Point® Select Enhanced Death Benefit Rider with Purchase Payment Bonus

This option offers an instant increase to the death benefit through the payment of a bonus2:

  • 3% for New Heights Select 8 and 10; 4% for New Heights Select 9; 5% for New Heights Select 12
  • Credited at contract issue, based upon the purchase payment and applied to the contract value and return of purchase payment guarantee amount

This rider also guarantees that your death benefit will continue to grow by the greater of:

  • A daily step-up opportunity on the death benefit amount that locks in the highest DAV (Daily Accumulation Value)1 –or–
  • The Minimum Enhanced Death Benefit (EDB) Value, a daily guaranteed increase of the purchase payment at a 4% compound annual rate until the earliest of:
    • - The date, if any, the enhanced death benefit reaches 200% of the purchase payment
    • - The contract anniversary after the older annuitant reaches age 80
    • - The date the first death benefit is payable

The additional cost for this rider is 0.80% for Nationwide New Heights Select 8 and 10; it’s 0.95% annually for Nationwide New Heights 9 and 12. The cost is calculated on the enhanced death benefit value and deducted from the contract value quarterly.

Both death benefit rider options feature:

  • A joint option that allows the death benefit to be paid whether the annuitant or spouse dies first
  • Issue ages up to 75 (includes spouse if joint option is chosen)4

Available on these fixed indexed annuities

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[1] The Daily Accumulation Value monitors the combined daily fluctuations in the elected strategy options and is the greater of (1) the contract value, plus any unrealized earnings (strategy earnings that have not yet been credited to the contract), or (2) the Return of Purchase Payment Guarantee Amount.

[2] A partial withdrawal in excess of the free withdrawal amount (lifetime income under the rider qualify as free withdrawals) or contract surrender before the end of the Surrender Charge period, will receive the vested percentage of the purchase payment bonus as part of their surrender value. Each product has its own vesting schedule.

[3] For New Heights 12: The maximum issue age is 75 years (64 years in Florida).

[4] For New Heights 12: The maximum issue age is 70 (64 years in Florida).

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 issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio.

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 Peak® Fixed Indexed Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates, and none of such parties makes 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.

Contract/certificate: ICC13-FACC-0108AOPP, ICC16-FARR-0106AO, ICC16-FARR-0107AO, ICC16-FARR-0110AO, ICC16-FARR-0111AO