Registered index-linked annuity
Defined Protection Annuity 2.0
Nationwide's floor-protection RILA with participation and spread strategies across a broad market menu.
Floor
0%
Protection terms vary by segment and do not make the contract principal-protected.
RILA contracts can offer index-linked upside with a stated buffer, floor, or downside participation rule. They can still lose value under market and contract conditions, and they are not MYGA-style fixed-rate guarantees.
Product data status: July 16, 2026
Source: AdvisorWorld public product detail from CANNEX. Rates vary by state, premium band, issue age, index segment, and crediting term. RILA buffers, floors, downside participation, caps, participation rates, fixed rates, and spreads are separate point-in-time contract mechanics; they can change and are not guaranteed yields. Educational only; not advice, a quote, or a carrier-approved illustration. Confirm the current prospectus, state-approved contract version, and carrier materials before purchase. Guarantees are backed by the issuing carrier's claims-paying ability and are not FDIC-insured.
How this product works
How the 0% floor works
For floor segments, the buyer's linked-segment loss is capped at 0%, subject to the contract terms. A floor limits the maximum segment loss; it does not absorb the first part of a loss like a buffer. These are forms of limited downside protection, not principal protection.
Because this is an SEC-registered product, compare the current prospectus, contract, segment term, crediting limit, fees, and surrender rules before purchase.
Downside-aware simulator
Test an index segment outcome
Principal is not protected. This educational one-segment scenario can gain or lose value and is not a carrier illustration.
Starting value
$100,000
Segment return
-10.00%
Ending value
$90,000
Buffer: credited loss = min(0, index return + buffer). Floor: credited loss = max(index return, −floor). Upside participation is applied before any cap; an annual strategy fee is compounded across the listed segment term.
Floor
0%
J.P. Morgan Mozaic II Index · 1-year term · Strategy B 100% Protection Level · Annual
Downside floor for the listed segment; it is a protection rule, not a fixed credited rate.
Participation
385%
SG Macro Compass Index · 3-year term · Strategy A 90% Protection Level · 3-year crediting
Share of positive index return used by the listed segment, before any applicable caps, spreads, or fees.
State coverage
51
Available jurisdictions
Availability should be confirmed for the client's state and contract version.
Best current strategy by index and term
Scenario: $100,000 premium, issue age 60, Texas unless state-restricted. Source: AdvisorWorld CANNEX RILA detail. Information current as of July 16, 2026.
BlackRock Select Factor Index
1-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
315%
BlackRock Select Factor Index
3-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
340%
Fixed Account
1-year term · Fixed account
Protection
Not shown
Fixed
4%
J.P. Morgan Mozaic II Index
1-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
355%
J.P. Morgan Mozaic II Index
3-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
370%
MSCI EAFE Index
1-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
115%
MSCI EAFE Index
3-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
135%
NYSE Zebra Edge Index
1-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
315%
NYSE Zebra Edge Index
3-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
325%
S&P 500 Average Daily Risk Control Price Return Index
1-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
100%
S&P 500 Average Daily Risk Control Price Return Index
3-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
110%
S&P 500 Index
1-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
90%
S&P 500 Index
3-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
100%
SG Macro Compass Index
1-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
350%
SG Macro Compass Index
3-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
385%
The Growth Fund of America - Class F-3
1-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
65%
The Growth Fund of America - Class F-3
3-year term · Strategy A 90% Protection Level · Point-to-point · Best of 6 available options
Floor
-10%
Participation
65%
What stands out
- • Floor-style strategies offer several protection levels across a broad index and fund menu.
- • Annual and multi-year participation or spread structures let buyers choose different market exposures.
- • A Performance Lock rider appears in the current CANNEX option set.
What to watch
- • The live menu does not publish a qualifying cap headline; participation and spread values are different crediting mechanics.
- • Floor protection limits rather than eliminates downside, so contract value can fall to the selected floor.
- • A market value adjustment and surrender rules can affect early-access proceeds independently of segment performance.
Who it may fit
Buyers seeking defined floor-based downside exposure who can compare participation and spread mechanics without treating them as caps.
Who should look elsewhere
Buyers who want a fixed annuity guarantee, a simple annual-cap comparison, or guaranteed lifetime withdrawals.
Liquidity
Free withdrawal: 10%/yr
Surrender periods shown: 6
Premium range
Minimum: Not shown
Maximum: Not shown
Documents
No carrier documents are currently available for this product.
Surrender schedule
Carrier ratings
AM Best: A+ — Superior
Moody's: A1 — Good
S&P: A+ — Strong
Prospectus and documents
This is an SEC-registered product. Read the current prospectus and state-approved contract for segment rules, fees, withdrawals, and surrender terms.
RILA questions
Can this product lose value?
Yes. Principal is not protected; linked segments can lose value when negative index performance exceeds the selected protection or under other contract terms.
How are a buffer and floor different?
A buffer absorbs the first stated portion of a loss and passes through the excess. A floor caps the segment loss at the stated amount.
What limits positive returns?
Depending on the segment, a cap, participation rate, spread, strategy fee, or combination can limit credited upside.
Structured product features
Free withdrawal
10%/yr
Annual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2
Nursing home waiver, Terminal illness waiver
Death benefit
Return of Premium DB
Beneficiary value depends on contract terms, withdrawals, and rider elections.
Fixed account guarantee
0.25%
Guaranteed minimum interest rate for the fixed account.
Participation-rate floor
5.00%
Minimum guaranteed participation rate for participation-rate indexed strategies.
Maximum protection floor
25.00%
Maximum protection floor: 25.00%
Maximum spread
6.50%
Maximum spread: 6.50%
Annuitization options
Single and joint
Contract conversion options should be confirmed before purchase.