Positioning
FIA in the Nationwide product family. The crediting strategies often include proprietary multi-asset volatility-controlled indexes.
Contract terms at a glance
Crediting methods available
- Annual point-to-point
- Monthly sum
- Multi-asset volatility-controlled index
See How fixed indexed annuities work for how each method works.
Riders
- Optional lifetime income benefit rider
- Standard death benefit
Best fit
- Consumers who want exposure to a multi-asset rules-based index rather than the S&P 500 alone
- Allocations within a Nationwide platform
What to watch for
- Multi-asset volatility-controlled indexes may produce smoother but lower realized returns than the S&P 500
- Surrender period of 9 or 12 years is on the longer side of the FIA category
Cap rates, participation rates, rider charges, and surrender schedules change frequently. Before purchase, request and verify the following from the carrier or producer:
- Current participation rates on the proprietary index
- Caps on S&P 500 strategies
- Optional income rider charge and benefit base growth rate
- Death benefit treatment
How to verify and source current information
- Current rate card and product brochure: Nationwide direct or through a licensed independent producer.
- Statement of understanding (annuity contract disclosure document).
- For variable and indexed variable annuities: the SEC-registered prospectus (search EDGAR).
- Carrier financial strength ratings: A.M. Best, S&P Global Ratings, Moody's, Fitch.
- NAIC carrier search and statutory filings: content.naic.org.
- IRS Publication 575 (Pension and Annuity Income) for taxation: IRS Pub 575.
AnnuityMatchPro does not endorse, recommend, or sell the Nationwide New Heights. This review is informational. Product features, surrender schedules, caps, participation rates, and rider charges vary by issue date, state, and underwriting. Confirm specific terms with the carrier or a licensed advisor before purchase. AnnuityMatchPro is not a registered investment adviser and is not a licensed insurance agency.