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Fixed Indexed Annuity

Peak® 10 — Nationwide

Nationwide

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6.05%

Best S&P 500 Annual Cap

10%

Free W/D

Available jurisdictions

Product data status: October 2, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Model this product

See what Peak® 10 would do for you

Set your numbers and switch between growth, income, and liquidity. Negative index performance does not produce a negative index credit. Fees, withdrawals and surrender charges can reduce contract value.

Product analyzer

Illustrative — live CANNEX rates as of October 2, 2026; not a projection or guarantee.

Premium$100,000

Your age60

Crediting strategy

Compare against

$253,089

Gross crediting illustration at age 80 (Peak® 10)

Excludes the 1% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1.3% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1.3% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms). This is not a net contract value.

6.05%

Best S&P 500 1-yr point-to-point cap

Gross crediting illustration for each line; excludes the 1% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1.3% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1.3% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms).

S&P 500 Index — 6.05% Cap (Annual)

✦

How crediting works: the cap limits positive index returns; a down index year has 0% index credit before rider charges. This illustration deducts no rider charge and is not a net contract value. A cap strategy tracks the index within its terms. What is a cap vs participation? →

Assumptions: illustrative — applies Peak® 10's published cap rate (6.05% on S&P 500 Index) to a standard benchmark hypothetical index path (~5.4%/yr average, including down years) with a 0% floor over 20 years. Gross crediting only: this illustration excludes the 1% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1.3% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms); 1.3% annual Bonus Income+ Rider charge (income option; applicability depends on contract terms) reported in the source. Applicable rider charges depend on contract terms; their deduction bases are not modeled. Each listed charge is not deducted, and no net contract value is shown. Not a projection, quote, or guarantee. Live CANNEX rates as of October 2, 2026.

Free Comparison Report

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See how Peak® 10 compares for your age, state, premium, and income goals alongside other Nationwide fixed indexed annuity options.

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rate data

Run numbers for Peak® 10

rates, riders, crediting strategies, state availability, and contract facts stay scoped to this Nationwide product.

Live product data

Rates as of October 2, 2026, from AdvisorWorld and CANNEX.

S&P 500 annual point-to-point cap

6.05% cap on S&P 500

An A+-rated 10-year accumulation-focused fixed indexed annuity from Nationwide with annual point-to-point cap exposure on the S&P 500 plus four proprietary volatility-controlled index strategies, with a six-figure premium minimum.

1-year term10-year surrender$100,000+AdvisorWorld + CANNEX data

Best fit

Accumulation buyers willing to commit for a full 10-year surrender period with a sizeable balance to deploy who want the highest-in-family Peak caps and a wide menu of proprietary index alternatives alongside S&P 500.

AM Best

A+ Superior

Surrender period

10 years

Free withdrawal

10%/yr

Availability

49 jurisdictions (excl. Delaware, New York)

Featured crediting strategies

Caps, participation rates, and declared rates are shown separately.

Index / strategyRate mechanicsCreditingSurrenderPremium

S&P 500

S&P 500 Index

6.05% cap rate

Rate effective Aug 1, 2026

Annual point-to-point

Requested state: TX

1-year term · 10-year surrender · $100,000+

1-year term

10-year surrender

$100,000+

S&P 500

S&P 500 Index

Account Option A

60% participation rate + 2% spread

Rate effective Aug 1, 2026

2-year point-to-point

Requested state: TX

2-year term · 10-year surrender · $100,000+

2-year term

10-year surrender

$100,000+

S&P 500

S&P 500 Index

Account Option B

50% participation rate + 0% spread

Rate effective Aug 1, 2026

2-year point-to-point

Requested state: TX

2-year term · 10-year surrender · $100,000+

2-year term

10-year surrender

$100,000+

Fixed Account

3.45% declared rate

Rate effective Aug 1, 2026

Fixed account

Requested state: TX

1-year term · 10-year surrender · $100,000+

1-year term

10-year surrender

$100,000+

+ 12 additional crediting options (AB GAVL, J.P. Morgan, S&P 500...)

Lifetime Income Riders

Income rider

Bonus Income+ Rider

RMD friendly

Lifetime payout rate4.9% lifetime payout

Annual rider fee1% annual rider fee

Guaranteed roll-up10%/yr · simple · for up to 10 years

Income rider

Guaranteed Income Solution

Lifetime payout rate4% lifetime payout

Guaranteed roll-up4%/yr · simple · for up to 10 years

Product analyst notes

How to think about this contract

Why it can stand out

Broad strategy menu — S&P 500 alongside four proprietary volatility-controlled indices (AB GAVL, J.P. Morgan Cycle, BNP Paribas Global H-Factor, S&P 500 ADRC) — gives buyers a wide spectrum from recognizable benchmark exposure to higher-cap proprietary alternatives.
A.M. Best A+ from a top-tier national carrier with three-agency coverage (Moody's A1, S&P A+) — the strength view does not rest on a single rating.
Wide free-withdrawal allowance over the full surrender period — meaningful penalty-free liquidity for a 10-year FIA.
Caps on the longer 10-year surrender are higher than the same indices on Nationwide's shorter-surrender Peak siblings — the trade for tying capital up longer is a higher headline cap.

What to confirm

The premium minimum is a meaningful threshold — not designed for small first-time annuity buyers. Confirm the exact figure in the carrier's filing.
Although this contract may be described as income-eligible, the live feed shows no active income rider — it is accumulation-only today, not an income product. Buyers shopping for lifetime income should look at a different Nationwide product.
Four of the five index choices are proprietary volatility-controlled designs; their caps look attractive in absolute terms but each behaves differently from a vanilla S&P 500 strategy and from each other — each option must be evaluated on its own.
The 10-year surrender schedule is long and starts with a high penalty — partial liquidity outside the free-withdrawal allowance is constrained for the full decade.

Not ideal for

Buyers who need lifetime income from a rider, anyone unable to meet the six-figure premium minimum, or buyers who can't tie capital up for a full 10-year surrender period.

Free Comparison Report

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See how Peak® 10 compares for your age, state, premium, and income goals alongside other Nationwide fixed indexed annuity options.

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All crediting strategies

View rate listings (32 strategies)

These listings show published strategy details and any available rates. Use the filters to narrow by index, term, premium band, or rate type.

Cap: 9.5% · 1-yr

AB GAVL 5% ER Index

Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Cap: 9.5% · 1-yr

J.P. Morgan Cycle Index

Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Cap: 9.5% · 1-yr

S&P 500 Average Daily Risk Control 5% USD Excess Return Index

Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Cap: 9.5% · 1-yr

BNP Paribas Global H-Factor Index

Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Cap: 9.5% · 1-yr

AB GAVL 5% ER Index

Point-to-point

Requested state: TX10-yr surrender$100,000+

Cap: 9.5% · 1-yr

J.P. Morgan Cycle Index

Point-to-point

Requested state: TX10-yr surrender$100,000+

Cap: 9.5% · 1-yr

S&P 500 Average Daily Risk Control 5% USD Excess Return Index

Point-to-point

Requested state: TX10-yr surrender$100,000+

Cap: 9.5% · 1-yr

BNP Paribas Global H-Factor Index

Point-to-point

Requested state: TX10-yr surrender$100,000+

Cap: 6.05% · 1-yr

S&P 500 Index

Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Cap: 6.05% · 1-yr

S&P 500 Index

Point-to-point

Requested state: TX10-yr surrender$100,000+

Fixed: 3.45% · 1-yr

Fixed Account

Fixed account · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Fixed: 3.45% · 1-yr

Fixed Account

Fixed account

Requested state: TX10-yr surrender$100,000+

Par: 290% + Spread: 2% · 2-yr

BNP Paribas Global H-Factor Index

Account Option A · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 290% + Spread: 2% · 2-yr

BNP Paribas Global H-Factor Index

Account Option A · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 265% + Spread: 2% · 2-yr

J.P. Morgan Cycle Index

Account Option A · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 265% + Spread: 0% · 2-yr

BNP Paribas Global H-Factor Index

Account Option B · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 265% + Spread: 2% · 2-yr

J.P. Morgan Cycle Index

Account Option A · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 265% + Spread: 0% · 2-yr

BNP Paribas Global H-Factor Index

Account Option B · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 250% + Spread: 2% · 2-yr

AB GAVL 5% ER Index

Account Option A · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 250% + Spread: 2% · 2-yr

AB GAVL 5% ER Index

Account Option A · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 235% + Spread: 0% · 2-yr

J.P. Morgan Cycle Index

Account Option B · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 235% + Spread: 0% · 2-yr

J.P. Morgan Cycle Index

Account Option B · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 225% + Spread: 2% · 2-yr

S&P 500 Average Daily Risk Control 5% USD Excess Return Index

Account Option A · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 225% + Spread: 0% · 2-yr

AB GAVL 5% ER Index

Account Option B · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 225% + Spread: 2% · 2-yr

S&P 500 Average Daily Risk Control 5% USD Excess Return Index

Account Option A · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 225% + Spread: 0% · 2-yr

AB GAVL 5% ER Index

Account Option B · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 195% + Spread: 0% · 2-yr

S&P 500 Average Daily Risk Control 5% USD Excess Return Index

Account Option B · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 195% + Spread: 0% · 2-yr

S&P 500 Average Daily Risk Control 5% USD Excess Return Index

Account Option B · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 60% + Spread: 2% · 2-yr

S&P 500 Index

Account Option A · Point-to-point · 0% annual strategy fee

Requested state: TXRate effective Aug 1, 202610-yr surrender$100,000+

Par: 60% + Spread: 2% · 2-yr

S&P 500 Index

Account Option A · Point-to-point

Requested state: TX10-yr surrender$100,000+

Par: 50% + Spread: 0% · 2-yr

Lifetime withdrawal rate4%

Annual rider feeNot shown

Guaranteed roll-up4%/yr · simple · for up to 10 years

Deferral assumed0 years

Issue age50 — 85

GLWB

Common questions about Peak® 10

● Can I lose money in Peak® 10?

A negative index return by itself does not reduce the contract's account value: Peak® 10 credits 0% — the floor — for that indexed period. The account value can still decrease from the published rider fee, withdrawals, surrender charges, other contract-specific deductions. In years with no credited interest, those deductions can reduce the account value. Up to 10% of your value can be withdrawn each year without a charge; withdrawals above the penalty-free amount during the surrender period can incur a surrender charge.

● Is the Bonus Income+ Rider income rider worth the 1% fee?

It depends on whether you will use the guaranteed income. If you are accumulating only, you can skip it. If you want guaranteed lifetime income later, the published roll-up (10%/yr · simple · for up to 10 years) and 4.9% withdrawal rate can make it worthwhile — model it in the Income tab of the analyzer above.

● How do Peak® 10's crediting strategies compare?

Use "Compare against" in the analyzer to overlay another available Peak® 10 strategy on the same premium, age, years, and hypothetical index path. The control labels the strategy type, rate, index, and context so caps, participation rates, triggers, spreads, and fixed-account choices are not treated as interchangeable.

Key Features

Free withdrawal

10%/yr

Annual amount that may be available without surrender charges, subject to contract terms.

Surrender waivers

Nursing home waiver, RMD waiver, Terminal illness waiver

Death benefit

Standard Death Benefit

Beneficiary value depends on contract terms, withdrawals, and rider elections.

Cap-rate floor

1.00%

Minimum guaranteed cap for cap-based indexed strategies.

Fixed account guarantee

1.00%

Guaranteed minimum interest rate for the fixed account.

Participation-rate floor

5.00%

Minimum guaranteed participation rate for participation-rate indexed strategies.

Maximum spread

6.00%

Maximum spread: 6.00%

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender schedule

Surrender schedule not available for this product

A surrender-charge schedule is currently unavailable for this product. Surrender terms often vary by state — confirm with the carrier before purchase.

Documents

product guide

FAM-1169AO-AL.pdf

Confidence: highReviewed Apr 9, 2026

Direct link not published — request the document from the carrier.

Carrier Ratings

AM BestA+

Moody'sA1

S&PA+

Contract notes from product data

Crediting design

How the interest-crediting choices are framed

Peak® 10 currently shows 32 indexed or fixed crediting options, including S&P 500 Index, with 24 volatility-controlled index options grouped separately. These choices matter because caps, participation rates, fixed accounts, spreads, and renewal terms are different mechanics and should not be ranked as one simple rate list.

S&P 500 Index: 6.05% annual cap, 0% annual strategy fee
S&P 500 Index: 6.05% annual cap
S&P 500 Index: 60% 2-year participation rate, 0% annual strategy fee
S&P 500 Index: 50% 2-year participation rate, 0% annual strategy fee

Income rider language

What to look for before treating the rider as income

Bonus Income+ Rider is the main income rider listed for this product. Rider terms can affect the tradeoff between future lifetime withdrawals, contract value, beneficiary value, and cost, so the exact state version and rider election should be confirmed before comparing it to annuitization or income-only contracts.

4.9% withdrawal rate
1% rider fee
RMD friendly
Joint life availability

Liquidity terms

Why access rules deserve as much attention as rates

A fixed indexed annuity can preserve more control than an income-only contract, but access is still governed by the surrender schedule, free-withdrawal terms, and waiver language. Those details are where many product comparisons become more meaningful than a simple rate list.

10%/yr free withdrawal
Nursing home waiver
RMD waiver
Terminal illness waiver

Verification note

Use carrier materials as term evidence, then confirm the current version

Carrier materials such as FAM-1169AO-AL.pdf help explain the contract language behind the data on this page; the latest document activity we see is Apr 24, 2026. For the current brochure, rate sheet, or specimen contract, confirm the state-specific version with the carrier or a licensed financial professional.

Rates and rider terms can vary by state and issue age
Carrier guarantees depend on claims-paying ability
Current contract forms should be confirmed before purchase

Free Comparison Report

Get a Peak® 10 rate report

See how Peak® 10 compares for your age, state, premium, and income goals alongside other Nationwide fixed indexed annuity options.

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Related Resources

Free personalized report

What would you like your money to do?

Choose a goal to start your report. We’ll carry your answer into the next step.

Find guaranteed ratesCompare current fixed options Plan retirement incomeExplore income choices Compare my optionsGet a personal starting point

What would you like your money to do?

Peak® 10 — Nationwide

See what Peak® 10 would do for you

Get a Peak® 10 rate report

Run numbers for Peak® 10

6.05% cap on S&P 500

Featured crediting strategies

Lifetime Income Riders

Bonus Income+ Rider

Guaranteed Income Solution

How to think about this contract

Why it can stand out

What to confirm

Get a Peak® 10 rate report

All crediting strategies

Income riders

Bonus Income+ Rider

Bonus Income+ Rider

Bonus Income+ Rider

Bonus Income+ Rider

Guaranteed Income Solution

Common questions about Peak® 10

Key Features

Free withdrawal

Surrender waivers

Death benefit

Cap-rate floor

Fixed account guarantee

Participation-rate floor

Maximum spread

Fund types

Surrender schedule

Documents

FAM-1169AO-AL.pdf

Carrier Ratings

Contract notes from product data

How the interest-crediting choices are framed

What to look for before treating the rider as income

Why access rules deserve as much attention as rates

Use carrier materials as term evidence, then confirm the current version

Get a Peak® 10 rate report

Related Resources

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