Peak 5 A
Nationwide Life Insurance Company
8%
Best Cap
10%
Free W/D
50
States
Nationwide Peak 5 is a single-premium deferred fixed indexed annuity that offers the opportunity to earn returns based on underlying market index performance, while providing downside protection and a guaranteed minimum fixed interest rate. It's designed for long-term investors planning for retirement.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$25,000
Surrender
5 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| MSCI EAFE Index | Annual | 8% | 100% | -- |
| S&P 500 Index | Annual | 7% | 100% | -- |
| Fixed Account | Daily | -- | -- | 2.85% |
Key Features
Index Options
S&P 500, MSCI EAFE, Morgan Stanley 3D, J.P. Morgan Mozaic IIFour index choices available to link returns to market performance
Index Caps
5.5%-10% depending on index and premium tierMaximum annual return you can earn from index performance varies by premium amount
Fixed Interest Rate
3.05%-3.2% depending on premium amountGuaranteed minimum return paid annually even if index performance is negative
Surrender Charge Period
First 5 years of contractInitial period where withdrawals beyond free amount incur charges and market value adjustments
Free Withdrawal Amount
Amount not specified in documentAnnual amount you can withdraw without surrender charges during the surrender period
Market Value Adjustment
Positive, negative, or zeroAdjustment applied to withdrawals/surrenders that can increase or decrease the amount received based on interest rate changes
Highlights
Fixed indexed annuity that links growth potential to market index performance while protecting principal
Multiple index options including S&P 500, MSCI EAFE, Morgan Stanley 3D, and J.P. Morgan Mozaic II
Index caps ranging from 5.5% to 10% depending on premium amount and index selected
Fixed interest rate floor (3.05%-3.2%) provides guaranteed minimum returns
Market value adjustment feature can increase or decrease withdrawal amounts based on interest rate changes
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Long-term investors seeking retirement income who want index-linked growth potential combined with principal protection and guaranteed minimum returns.
Consider Alternatives If
Investors needing emergency access to funds, those with short-term savings goals, or those uncomfortable with withdrawal restrictions during the first 5 years.
Carrier Ratings
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