New Heights Select 10
Nationwide Life Insurance Company
7%
Free W/D
50
States
A fixed indexed annuity designed for retirement savers who want growth potential tied to market indices while maintaining downside protection. It combines capital preservation with lifetime income options through optional riders.
Free Withdrawal
7%/yr
Available In
50 states
Min Premium
$25,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Goldman Sachs New Horizons Index | 2-Year | -- | 180% | -- |
| Goldman Sachs New Horizons Index | Annual | -- | 110% | -- |
| J.P. Morgan Mozaic II Index | 2-Year | -- | 145% | -- |
| J.P. Morgan Mozaic II Index | Annual | -- | 110% | -- |
| Loomis Sayles Discovery Index | 2-Year | -- | 70% | -- |
| Loomis Sayles Discovery Index | Annual | -- | 50% | -- |
| Nasdaq-100 Volatility Control 10% PR Index | 2-Year | -- | 35% | -- |
| Nasdaq-100 Volatility Control 10% PR Index | Annual | -- | 45% | -- |
| NYSE Zebra Edge II Index | 2-Year | -- | 165% | -- |
| NYSE Zebra Edge II Index | Annual | -- | 105% | -- |
| SG Macro Compass Index | 2-Year | -- | 95% | -- |
| SG Macro Compass Index | Annual | -- | 75% | -- |
| S&P 500 Index | 2-Year | -- | 20% | -- |
| S&P 500 Index | Annual | -- | 15% | -- |
| Fixed Account | 2-Year | -- | -- | -- |
| Fixed Account | Annual | -- | -- | 0.1% |
Key Features
Index-Linked Earnings
7 indices availableReturns based on changes in indices like S&P 500, Nasdaq-100, or Goldman Sachs New Horizons Index; negative index performance does not reduce contract value
Strategy Terms
1-2 year optionsChoose how often earnings are credited and locked in; available in 1-year and 2-year terms to match your planning horizon
Free Withdrawal Access
7% years 1-9; 10% year 10+Access a percentage of your contract value annually without surrender charges; increases to 10% after year 10
Lock-In Feature
One lock-in per termOnce per strategy term, lock in the index value on any business day to protect gains before the term ends
Daily Accumulation Value (DAV)
Real-time growth monitoringTracks unrealized earnings daily; used to calculate death benefits and protects against declines below your purchase payment
Minimum Purchase
$25,000Initial investment required to open the contract across various account types
Maximum Issue Age
Annuitant to age 80Annuitants can be up to age 80 at issue; contract owners can be any age
Highlights
Potential to capture market upside while protecting against market downturns—your contract value won't decline due to negative index performance
Multiple index options including S&P 500, Nasdaq-100, and specialized indices to match your market outlook
Optional lifetime income riders guarantee payments for life, even if your contract value reaches zero
10-year surrender period with generous free withdrawal access (7% annually, 10% after year 10)
Enhanced death benefits and purchase payment bonuses available through optional riders
Surrender Schedule
Yr 1
10%
Yr 2
10%
Yr 3
9%
Yr 4
8%
Yr 5
7%
Yr 6
6%
Yr 7
5%
Yr 8
4%
Yr 9
3%
Yr 10
2%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals age 40-80 seeking retirement income who want exposure to market gains while protecting against market declines and prefer predictable lifetime income.
Consider Alternatives If
Those who need immediate access to funds (10-year surrender charge applies), prefer direct stock market exposure, or expect to live in states where the product is not approved (NY, GU, PR, VI).
Carrier Ratings
Free Comparison Report
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