A new high for withdrawal percentages! Nationwide Peak 10 Bonus Income + rider

Provide your clients with even more guaranteed retirement income!  

Effective March 27, 2023, Nationwide is boosting withdrawal percentages on the Bonus Income+ rider for the Nationwide Peak 10® fixed indexed annuity.  

The rider gives your clients: 

• 20% initial bonus

• 8% simple interest roll-up

• Competitive guaranteed lifetime income

And now, our increased withdrawal rates: 

Lifetime withdrawal percentage 

Age  Single life Joint life

45 to 59  3.80%  3.06%

59 - 64   4.95%  4.75% 

65 – 69   5.70% 5.50% 

70 – 74   6.20%  6.00% 

75 – 80  6.75% 6.55% 

81+  7.15%  6.95% 

 Important Transition Date Information   

• In order to receive the higher rates, paper or electronic applications must have a signed date on/after March 27, 2023 

• For a client to receive the higher rates on pending business, Nationwide requires a newly signed and dated Customer Signature page of the Application and COD dated on or after 3/27. 

• If your client’s contract is issued and dated prior to 3/27 and if it is within the 10-Day Free Look window, you may “Free Look” the contract and resubmit the business to take advantage of the higher rates.