Annuity rate data updated daily

Rate data refreshes daily from AdvisorWorld and CANNEX carrier feeds. View current rates

Fixed Indexed Annuity

Peak® 10

Nationwide Life Insurance Company

6.25%

Best Cap

10%

Free W/D

49

Jurisdictions

Product data status: May 29, 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.

Live product data

Rates as of May 28, 2026, based on the latest AdvisorWorld scan of CANNEX data.

S&P 500 annual point-to-point cap

6.25% 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 termAdvisorWorld + 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

Index / strategyRate mechanics

S&P 500

S&P 500 Index

6.05% cap rate

S&P 500

S&P 500 Index

6.25% cap rate

Rate varies by premium band.

S&P 500

S&P 500 Index

60% participation rate + 2% spread

Rate varies by premium band.

S&P 500

S&P 500 Index

50% participation rate + 0% spread

Rate varies by premium band.

Fixed Account

Fixed Account

3.45% declared rate

Fixed Account

Fixed Account

3.55% declared rate

Rate varies by premium band.

+ 18 volatility-controlled index options (AB GAVL, J.P. Morgan, S&P 500...)

Lifetime Income Riders

Income rider

Bonus Income+ Rider

RMD friendly
Lifetime payout rate7.5% lifetime payout

Income rider

Guaranteed Income Solution

Lifetime payout rate5.75% lifetime payout

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.
  • Despite the catalog flagging hasFiaIncome=true, the live feed shows no active income rider for this product — 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.

All crediting strategies

View rate listings (32 rows)

These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, or rate type.

Cap: 9.5% · 1-yr

AB GAVL 5% ER Index

cap

10-yr surrender$100,000+

Cap: 9.5% · 1-yr

J.P. Morgan Cycle Index

cap

10-yr surrender$100,000+

Cap: 9.5% · 1-yr

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

cap

10-yr surrender$100,000+

Cap: 9.5% · 1-yr

BNP Paribas Global H-Factor Index

cap

10-yr surrender$100,000+

Cap: 6.05% · 1-yr

S&P 500 Index

cap

10-yr surrender$100,000+

Fixed: 3.45% · 1-yr

Fixed Account

fixed

10-yr surrender$100,000+

Par: 290% + Spread: 2% · 2-yr

BNP Paribas Global H-Factor Index

Account Option A · participation

10-yr surrender$100,000+

Par: 265% + Spread: 2% · 2-yr

J.P. Morgan Cycle Index

Account Option A · participation

10-yr surrender$100,000+

Par: 265% + Spread: 0% · 2-yr

BNP Paribas Global H-Factor Index

Account Option B · participation

10-yr surrender$100,000+

Par: 250% + Spread: 2% · 2-yr

AB GAVL 5% ER Index

Account Option A · participation

10-yr surrender$100,000+

Par: 235% + Spread: 0% · 2-yr

J.P. Morgan Cycle Index

Account Option B · participation

10-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 · participation

10-yr surrender$100,000+

Par: 225% + Spread: 0% · 2-yr

AB GAVL 5% ER Index

Account Option B · participation

10-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 · participation

10-yr surrender$100,000+

Par: 60% + Spread: 2% · 2-yr

S&P 500 Index

Account Option A · participation

10-yr surrender$100,000+

Par: 50% + Spread: 0% · 2-yr

S&P 500 Index

Account Option B · participation

10-yr surrender$100,000+

Cap: 10% · 1-yr

AB GAVL 5% ER Index

$100,000+

Cap: 10% · 1-yr

J.P. Morgan Cycle Index

$100,000+

Cap: 10% · 1-yr

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

$100,000+

Cap: 10% · 1-yr

BNP Paribas Global H-Factor Index

$100,000+

Cap: 6.25% · 1-yr

S&P 500 Index

$100,000+

Fixed: 3.55% · 1-yr

Fixed Account

$100,000+

Par: 295% + Spread: 2% · 2-yr

BNP Paribas Global H-Factor Index

Account Option A

$100,000+

Par: 265% + Spread: 2% · 2-yr

J.P. Morgan Cycle Index

Account Option A

$100,000+

Par: 265% + Spread: 0% · 2-yr

BNP Paribas Global H-Factor Index

Account Option B

$100,000+

Par: 250% + Spread: 2% · 2-yr

AB GAVL 5% ER Index

Account Option A

$100,000+

Par: 235% + Spread: 0% · 2-yr

J.P. Morgan Cycle Index

Account Option B

$100,000+

Par: 225% + Spread: 2% · 2-yr

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

Account Option A

$100,000+

Par: 225% + Spread: 0% · 2-yr

AB GAVL 5% ER Index

Account Option B

$100,000+

Par: 200% + Spread: 0% · 2-yr

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

Account Option B

$100,000+

Par: 60% + Spread: 2% · 2-yr

S&P 500 Index

Account Option A

$100,000+

Par: 50% + Spread: 0% · 2-yr

S&P 500 Index

Account Option B

$100,000+

Income riders

Income rider

Bonus Income+ Rider

RMD friendly
Lifetime withdrawal rate7.5%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed10 years
Issue age45 — 85
Joint availabilityJoint life

GLWB

Income rider

Bonus Income+ Rider

RMD friendly
Lifetime withdrawal rate7.5%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed10 years
Issue age45 — 120
Joint availabilityJoint life

GLWB

Income rider

Bonus Income+ Rider

RMD friendly
Lifetime withdrawal rate6%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age45 — 85
Joint availabilityJoint life

GLWB

Income rider

Bonus Income+ Rider

RMD friendly
Lifetime withdrawal rate6%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age45 — 120
Joint availabilityJoint life

GLWB

Income rider

Guaranteed Income Solution

Lifetime withdrawal rate5.75%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age50 — 85

GLWB

Income rider

Guaranteed Income Solution

Lifetime withdrawal rate5.75%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age50 — 120

GLWB

Income rider

Bonus Income+ Rider

RMD friendly
Lifetime withdrawal rate5.5%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age45 — 85
Joint availabilityJoint life

GLWB

Income rider

Bonus Income+ Rider

RMD friendly
Lifetime withdrawal rate5.5%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age45 — 120
Joint availabilityJoint life

GLWB

Key Features

Free withdrawal

10%/yr

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

Surrender waivers

3

Nursing home waiver, RMD waiver, Terminal illness waiver

Death benefit

Standard Death Benefit

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

Strategy guarantee

Minimum guaranteed cap: 1.00%

Strategy guarantee

Guaranteed minimum interest rate (fixed): 1.00%

Strategy guarantee

Minimum guaranteed participation: 5.00%

Annuitization options

Single and joint

Contract conversion options should be confirmed before purchase.

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender schedule

Yr 1

10%

Yr 2

9%

Yr 3

8%

Yr 4

7%

Yr 5

6%

Yr 6

5%

Yr 7

4%

Yr 8

3%

Yr 9

2%

Yr 10

1%

After

0%

Nursing home waiver, RMD waiver, Terminal illness waiver, Surrender waivers

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+
S&PA1
S&PA+

Contract notes from product data

Crediting design

How the interest-crediting choices are framed

Peak® 10 currently shows 24 distinct indexed or fixed crediting choices across 32 current rate listings, including S&P 500 Index and S&P 500 Average Daily Risk Control 5% USD Excess Return Index, with 13 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% cap
  • S&P 500 Average Daily Risk Control 5% USD Excess Return Index: 9.5% cap
  • S&P 500 Index: 6.25% cap

Income rider language

What to look for before treating the rider as income

Bonus Income+ Rider is the main income-rider entry returned 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.

  • 7.5% withdrawal rate
  • 10 deferral years
  • 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
  • 10 surrender years
  • 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 personalized Peak® 10 illustration

See year-by-year projections for your specific age, premium, and income goals.

Get Free Report

Related Resources