Build a retirement savings plan with growth potential

Nationwide New Heights® Select fixed indexed annuities provide multiple strategy options to help you protect and grow your retirement savings

Options for a more confident retirement

Many individuals planning for retirement today face a dilemma: in today’s low interest rate environment, how do you protect the money you’ve worked so hard for while continuing to grow your savings? A Nationwide New Heights® Select fixed indexed annuity can help you potentially accumulate assets for retirement and protect your savings from downside market risk.

  • Multiple index options provide global, domestic and international growth opportunities
  • Strategy options deliver the potential to accumulate retirement savings in a variety of market conditions
  • Potential earnings are tracked every day during the strategy term

Provide growth potential through the strategy options

Each index currently has two strategy options, which provide earnings based on the growth of the underlying index while eliminating the risk of losing principal due to negative index performance.

Each strategy option has several components to help provide growth opportunities. All strategy options have an index allocation that contributes to earnings based on the performance of the index. Strategy options that include a declared rate allocation greater than 0% will provide earnings at a fixed rate of interest (the declared rate). The strategy spread is deducted from potential earnings at the end of the strategy term but will never cause earnings to be less than zero.4

Each index currently offers two strategy options to provide growth opportunities in a variety of market environments

Strategy Option Growth Opportunity
Strategy A May provide higher returns when the index grows substantially during a strategy term due to higher index allocations.
Strategy B May provide higher returns when the index experiences a lower return during a strategy term due to lower or no strategy spread.

Key Terms

  • Daily Accumulation Value (DAV): The DAV monitors the combined daily fluctuations of the elected strategy options and is the greater of (1) the contract value, plus any strategy earnings that have not yet been credited to the contract, or (2) the return of purchase payment guarantee amount
  • Declared rate: Annual fixed interest rate
  • Declared rate allocation: A percentage that is multiplied by the declared rate
  • Index allocation: A percentage that is multiplied by the performance of the index
  • Strategy spread: An annual percentage rate that is deducted when calculating earnings but will never cause earnings to be less than zero for any strategy term
  • Strategy term: A specific number of years used to measure strategy earnings. The initial strategy term is set at contract issue

Track potential earnings throughout the strategy term

The Daily Accumulation Value (DAV) tracks changes to your potential earnings every day, and earnings will be credited at the end of each strategy term. Earnings to-date are credited on withdrawals and if a death benefit is payable, meaning you won’t lose earnings when you need to access your money.5 Your contract value is guaranteed and will not decrease due to negative market performance. The hypothetical graph below shows how DAV is tracked during a strategy term.6 Past performance is not an indication of future results as results may vary.

Daily Accumulation Value Graph
This is a hypothetical example and for illustrative purposes only.

Optional one-time lock-in

If you’re satisfied with the amount of index growth before the end of a strategy term, you have the option to lock in your index value once every strategy term. This innovative feature ensures you won’t lose potential earnings based on negative index performance.

1 Fixed indexed annuities are not investments that participate in the stock market. New Heights Select does not participate or invest directly in any index. Indices are unmanaged.

2 International investing could involve risks such as currency, economic, geographical, political and differences in accounting standards.

3 Index allocations, declared rate allocations, declared rates and strategy spreads are guaranteed for the first strategy term and subject to change at the beginning of each new strategy term.

4 For more information on how earnings are calculated and credited, please see the Certificate of Disclosure.

5 Full earnings to-date are credited on the free withdrawal amount; pro-rata earnings are credited on withdrawals above the amount.

6 This hypothetical example is not based on any New Heights Select product or index. It is intended for educational purposes only. Your experience will differ. It does not reflect optional rider charges or withdrawals.

Nationwide New Heights® Select, an individual, single purchase payment, deferred fixed index annuity is issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio. Guarantees and protections are subject to the claims paying ability of Nationwide Life and Annuity Insurance Company. 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% federal tax penalty.

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 for complete details.

The J.P. Morgan Mozaic IISM Index (“Index”) has been licensed to Nationwide Life and Annuity Insurance Company (the “Licensee”) for the Licensee’s benefit. Neither the Licensee nor Nationwide New Heights® Select Fixed Indexed Annuity (the “Product”) is sponsored, operated, endorsed, recommended, sold or promoted by J.P. Morgan Securities LLC (“JPMS”) or any of its affiliates (together and individually, “JPMorgan”). JPMorgan makes no representation and gives no warranty, express or implied, to contract owners taking exposure to the Product. Such persons should seek appropriate professional advice before making any investment. The Index has been designed and is compiled, calculated, maintained and sponsored by JPMS without regard to the Licensee, the Product or any contract owner. JPMorgan is under no obligation to continue compiling, calculating, maintaining or sponsoring the Index. JPMorgan may independently issue or sponsor other indices or products that are similar to and may compete with the Index and the Product. JPMorgan may also transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets). These activities could have a positive or negative effect on the value of the Index and the Product.

The NYSE® Zebra Edge® II Index has been licensed by ICE Data Indices, LLC (together with its subsidiaries and affiliates, “IDI”) to UBS AG and sub-licensed by UBS AG (together with its subsidiaries and affiliates, “UBS”) to Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company (collectively, “Nationwide”) for use in certain life insurance and annuities offered by Nationwide (the “Products”). Neither Nationwide nor the Products are sponsored, operated, endorsed, recommended, sold or promoted by Zebra Capital Management, LLC (together with its affiliates and subsidiaries, “Zebra”), IDI or UBS and in no event shall Zebra, IDI or UBS have any liability with respect to the Products or the Index. Zebra, IDI and UBS make no representations, give no express or implied warranties and have no obligations with regard to the Index, the Products or otherwise to any investor in the Products, client or other third party. The mark NYSE® is a registered trademark of NYSE Group, Inc., Intercontinental Exchange, Inc. or their affiliates and is being utilized by ICE Data Indices, LLC under license and agreement. The marks Zebra® and Zebra Edge® are registered trademarks of Zebra Capital Management, LLC, may not be used without prior authorization from Zebra Capital Management, LLC, and are being utilized by ICE Data Indices, LLC under license and agreement.

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. This Product 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.

The SG Macro Compass Index (the “Index”) is the exclusive property of SG Americas Securities, LLC (“SG”) and has been licensed to Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company (collectively, “Nationwide”) for use in certain life insurance and annuities offered by Nationwide (the “Products”). With respect to the Products, SG’s sole contractual relationship with Nationwide is to license the Index and the SG Marks to Nationwide. None of SG, S&P Opco, LLC, or other third party licensor (collectively, the “Index Parties”) to SG is an agent of Nationwide or has in any way sponsored, promoted, offered, sold structured or priced any Product, and no Index Party makes any representation as to the advisability of purchasing, selling or holding any Product. No Index Party shall have any liability with respect to the Products or for any losses relating to the Products, whether arising directly or indirectly from the use of the Index. No Index Party shall have any obligation to make payments under the Products. In calculating the performance of the Index, SG deducts transaction and replication costs, each calculated and deducted on a daily basis, which will reduce the potential positive change in the Index and increase the potential negative change in the Index. The total amount of transaction and replication costs is not predictable and will depend on a number of factors. “SG Americas Securities, LLC”, “SGAS”, “Société Générale”, “SG”, “Société Générale Indices”, “SGI”, and “SG Macro Compass Index” are trademarks or service marks of SG. Additional information is available at sg-macro.compass.com.

The product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such product or any index on which such product is based. The Contract contains a more detailed description of the limited relationship MSCI has with Nationwide and any related funds.

Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide New Heights and New Heights are service marks of Nationwide Mutual Insurance Company. © 2020 Nationwide

FAM-1248AO (12/20)