Plan to leave a lasting legacy

Nationwide High Point® Select Enhanced Death Benefit Rider offers an enhanced death benefit with the opportunity for a higher growth value

If you have money set aside that you plan to leave for loved ones, there are two optional enhanced death benefit riders, available for an additional charge, that can help you continue to grow that legacy.¹

Nationwide High Point^® Select Enhanced Death Benefit rider offers an enhanced death benefit with the opportunity for a higher growth value. The following diagram will help you understand the components used to calculate the High Point Select EDB benefits.

Helpful resource

High Point Select EDB Guide

Protecting the surviving spouse

Another feature available on your New Heights Select contract is a joint option. By electing the joint option, you’re ensuring a death benefit will be paid out no matter who passes away first.

You can benefit from this feature, even if the annuity is in an Individual Retirement Account (IRA). That’s unique since IRAs traditionally have one account owner and any death benefit is paid when the owner passes away to the beneficiary. With this feature, the death benefit will go to the surviving spouse, no matter which spouse passes away first.

If…	Then…
You die first…	Your spouse may receive a lump sum death benefit or choose to continue the base contract stepped up to the enhanced death benefit value with all charges removed.
Your spouse dies first…	You may receive a lump sum death benefit outside of the restrictions for IRA withdrawals or choose to continue the base contract stepped up to the enhanced death benefit value with all charges removed.

The surviving spouse may choose to continue the contract or take a lump-sum payout of the death benefit.

If the death benefit is paid out, the surviving spouse will receive the greater of the base contract death benefit or the High Point EDB value. Once the death benefit is paid out, the contract and rider will terminate.
If the contract is continued and the High Point EDB value is greater than the contract value, then the contract value will be increased to the High Point EDB value. The base contract death benefit will then apply going forward, and the rider and rider charge will be terminated.

It’s important to keep in mind that if a joint option is selected, the older age of either spouse is used to determine the death benefit calculations. A joint option must be elected at issue, and both spouses must be no older than the maximum age requirements. See the Product Profile for more information regarding maximum ages.

¹ Only one optional rider may be elected at the time of application for an additional annual charge. Please refer to the Product Profile and disclosure summaries for details about features, limitations and additional rider charges. Availability may vary by state.

² In select states, this amount will be the lesser of the Highest DAV or 125% of the Surrender Value.

³ The purchase payment bonus is a set percentage, calculated upon the purchase payment and applied to your contract value and the return of purchase payment guarantee amount.

This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. Investors should discuss their specific situation with their financial professional.

Annuities have limitations. They are long-term vehicles designed for retirement purposes. They are not intended to replace emergency funds, to be used as income for day-to-day expenses or to fund short-term savings goals. Please read the contract, product brochure, and Disclosure Summary for complete details.

Nationwide New Heights Select, an individual, single purchase payment, deferred fixed index annuity is issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio. Please note, the contract does not directly participate in any stock or equity investments. Withdrawals are subject to income tax, and withdrawals before age 59½ may be subject to a 10% early withdrawal federal tax penalty. Nationwide Life and Annuity Insurance Company, Columbus, Ohio 43215.

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