Nationwide Life Insurance Company
Nationwide Secure Growth 5 & 7 (MVA)
About this product
Nationwide Secure Growth 5 MVA and 7 MVA are single-purchase-payment deferred fixed annuities offering guaranteed interest over a 5- or 7-year term, with a built-in Market Value Adjustment (MVA) feature. These annuities are tailored for risk-averse individuals who want the potential for slightly higher fixed interest rates in exchange for market-sensitive withdrawal value adjustments during the surrender charge period.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 5 Years | 5.25% |
| 7 Years | 4.70% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $99,999.00 | 4.45% |
| $100,000.00 - $1,000,000.00 | 5.25% |
| Features | |
| Maximum Issue Age | 90 years |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage