Secure Growth
Nationwide Life Insurance Company
10%
Free W/D
A single-purchase deferred fixed annuity that offers guaranteed interest rates and tax-deferred growth, designed for long-term retirement savings with the flexibility to create lifetime income or access your money when needed.
Free Withdrawal
10%/yr
Available In
0 states
Min Premium
$10,000
Surrender
7 years
Key Features
Guaranteed Interest Rates
3-year, 4-year, 5-year, or 7-year terms availableYour principal and interest rate are guaranteed for your chosen period (3, 4, 5, or 7 years), and you receive renewal rates after each period expires.
Tax Deferral
Can build significantly larger account value over 20-30 yearsInterest earned is not taxed until you withdraw, allowing more money to stay invested and compound over time.
Flexible Withdrawals
0% surrender charge after year 8 (7-year) or earlier for shorter termsAccess up to 10% of contract value annually penalty-free. After your guarantee period ends, withdraw with no surrender charges.
Annuitization Options
Lifetime income or fixed-period distributions availableConvert your balance into guaranteed lifetime income payments, or receive distributions for a specific period. Choose monthly, quarterly, semi-annual, or annual payments.
No Annual Fees
$0 annual costNo administrative or contract maintenance fees charged each year.
Enhanced Rate on Large Purchases
Higher rates for $100,000+ investmentsInitial purchase payments of $100,000 or more may qualify for higher guaranteed rates.
Market Value Adjustment
Protects insurer from interest rate riskEarly withdrawals may be adjusted based on interest rate changes—positively if rates fell, negatively if rates rose.
Death Benefit & Legacy Planning
Avoids lengthy probate processYour beneficiary receives the current contract value at death, bypassing probate if named directly on the contract.
Highlights
Guaranteed interest rates that lock in your returns for 3, 4, 5, or 7 years
Tax-deferred growth that can build a larger account value than taxable investments
Flexible access to your money with penalty-free withdrawals up to 10% annually
Convert to lifetime income through annuitization or take lump-sum withdrawals
No annual fees—only potential charges if you withdraw early during the guarantee period
Surrender Schedule
Yr 1
7%
Yr 2
7%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Conservative investors nearing or in retirement who want guaranteed growth, tax deferral, and the option to create lifetime income while maintaining some access to their money for emergencies.
Consider Alternatives If
Investors who need frequent access to their money, those in lower tax brackets who won't benefit from tax deferral, or anyone requiring flexibility before age 59½ due to early withdrawal penalties.
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