New Heights Select 12
Nationwide Life Insurance Company
7%
Free W/D
26
States
A fixed indexed annuity that offers growth potential based on market index performance while protecting your principal from market losses. Designed for individuals seeking retirement income with downside protection and the option to add lifetime income guarantees.
Free Withdrawal
7%/yr
Available In
26 states
Min Premium
$25,000
Surrender
12 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Goldman Sachs New Horizons Index | 3Y | -- | 225% | -- |
| Goldman Sachs New Horizons Index | Annual | -- | 125% | -- |
| J.P. Morgan Mozaic II Index | 3Y | -- | 160% | -- |
| J.P. Morgan Mozaic II Index | Annual | -- | 100% | -- |
| Loomis Sayles Discovery Index | 3Y | -- | 160% | -- |
| Loomis Sayles Discovery Index | Annual | -- | 70% | -- |
| Nasdaq-100 Volatility Control 10% PR Index | 3Y | -- | 50% | -- |
| Nasdaq-100 Volatility Control 10% PR Index | Annual | -- | 30% | -- |
| NYSE Zebra Edge II Index | 3Y | -- | 215% | -- |
| NYSE Zebra Edge II Index | Annual | -- | 115% | -- |
| SG Macro Compass Index | 3Y | -- | 175% | -- |
| SG Macro Compass Index | Annual | -- | 110% | -- |
| S&P 500 Index | 3Y | -- | 30% | -- |
| S&P 500 Index | Annual | -- | 35% | -- |
| Fixed Account | 3Y | -- | -- | 0.1% |
| Fixed Account | Annual | -- | -- | 0.1% |
Key Features
Index-Linked Growth
Seven index options availableReturns based on changes in indices like S&P 500, but your contract value won't decline if the index performs poorly
Strategy Terms
1-year and 3-year optionsChoose 1-year or 3-year terms to match your investment timeline; earnings are credited at term end
Free Withdrawals
7% per year (years 1-11), 10% in year 12+Withdraw a percentage of contract value annually without surrender charges or penalties
Lifetime Income Rider (High Point 365® Select)
0.95% annual charge; requires 5-year deferral periodOptional rider that guarantees lifetime income payments even if contract value reaches zero
Enhanced Death Benefit Rider (High Point® Select)
4% annual compound growth up to 200% of purchase paymentOptional rider that increases death benefit beyond contract value based on guaranteed growth
Lock-In Feature
Available on each strategy optionLock in favorable index values once per strategy term to protect gains
Surrender Charge Period
10% in years 1-4, declining to 0% by year 12+12-year period with declining surrender charges; charges phase out completely by year 12
Highlights
Growth potential tied to stock market indices without direct stock market risk
Guaranteed lifetime income option through High Point 365® Select rider
Protection from market downturns — contract value won't decline due to negative index returns
Flexible access with free withdrawal amounts starting at 7% annually after year 1
Enhanced death benefit options to protect heirs
Surrender Schedule
Yr 1
10%
Yr 2
10%
Yr 3
10%
Yr 4
10%
Yr 5
10%
Yr 6
9.5%
Yr 7
9%
Yr 8
8%
Yr 9
7%
Yr 10
6%
Yr 11
5%
Yr 12
4%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals approaching or in retirement who want market-linked growth with downside protection and the option to guarantee lifetime income, especially those concerned about running out of money.
Consider Alternatives If
Investors who need frequent access to funds (due to surrender charges), those under age 59½ who may face early withdrawal penalties, or those seeking maximum stock market upside without protection.
Carrier Ratings
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