A dual-strategy FIA with a powerful 25% Income Base bonus and 8% roll-up — designed to maximize guaranteed lifetime income for retirement.
| Annuity Type | Individual, single-purchase-payment deferred Fixed-Indexed Annuity |
| Issued By | Nationwide Life & Annuity Insurance Company — subsidiary of Nationwide Mutual, one of the largest insurance and financial services companies in the U.S. |
| AM Best Rating | A+ (Superior) — second highest possible rating; strong long-term financial stability |
| Surrender Period | 10 years — charges start at 10% in Years 1–2, declining to 2% in Year 10 |
| Maximum Issue Age | Annuitant: 85 (single or joint); owner: any age |
| Tax Type | Traditional IRA |
| Free Withdrawals | 10% of contract value per year; RMDs also penalty-free even if over 10% |
| Income Rider | Bonus Income+ Rider — optional, 1.00% annual fee; 25% Income Base bonus at issue; 8% simple roll-up for 10 years |
| Income Base Bonus | 25% first-year bonus — $100,000 premium becomes $125,000 Income Base immediately |
| Market Value Adj. | Applies to surrenders and excess withdrawals during the first 10 years |
This illustration uses a 50/50 allocation between two strategies — the innovative BNP Paribas Global H-Factor index and the traditional S&P 500.
A proprietary BNP Paribas index launched in 2022 that uses a volatility-managed, multi-factor approach. Credits interest every two years based on index growth × 295% participation, minus a 1% spread. Zero floor — no loss if index declines. High potential in strong markets; proven strong historical backtests.
Traditional S&P 500 tracking strategy. Annual gains up to 6.25% are credited; down years credit 0%. Provides steady, predictable upside potential with full downside protection as a counterbalance to the 2-year BNPP strategy.
The Bonus Income+ Rider is an optional lifetime income rider that adds a 25% immediate bonus to your Income Base and grows it at 8% simple interest for up to 10 years. This makes it one of the most competitive income riders available for clients who prioritize guaranteed income over accumulation.
Your Account Value is the actual money you own — it grows with index credits, shrinks with withdrawals and the 1% rider fee charged quarterly.
Your Income Benefit Base starts at $125,000 (25% bonus on $100,000) and grows at 8% simple interest per year during deferral. It is used only to calculate your guaranteed income payment — it cannot be surrendered or inherited.
| Income Base Bonus | 25% at issue — $100,000 premium immediately becomes $125,000 Income Base |
| Roll-Up Rate | 8% simple interest per year for up to 10 years from issue |
| Rider Fee | 1.00% per year of account value (charged quarterly); maximum 1.20% |
| Income Base at Issue | $125,000 (after 25% bonus) |
| Income Base at Age 65 | $175,000 ($125,000 + 5 years × $10,000/year simple roll-up) |
| Payout Rate at Age 65 | 6.25% of Income Base |
| Annual Income at Age 65 | $10,938/year ($175,000 × 6.25%) |
| Step-Up Feature | After income starts, if your contract value exceeds the current Income Base on any anniversary, the Income Base steps up to the higher amount — income can increase |
| Non-Lifetime Withdrawal | One-time option to take a withdrawal without locking in your lifetime withdrawal percentage |
| Eligibility | Ages 45–85 at issue; income may begin as early as age 45 |
Using the most recent 10-year historical index performance, the 50/50 allocation generated an 8.51% annual effective rate of return on a $100,000 premium — with $407,250 in cumulative lifetime withdrawals by age 96 and an account value still growing past $300,000 at age 96. This is exceptional compared to most income-focused products where the account value depletes.
Each year you may withdraw up to 10% of your contract value without surrender charges. RMDs are also penalty-free even if they exceed 10%. Accessing index accounts mid-term will forfeit potential earnings for that term — plan withdrawals on anniversaries when possible.
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11+ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Charge | 10% | 10% | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 0% |
An MVA applies to surrenders and excess withdrawals during the first 10 years. If interest rates have risen since purchase, the MVA is negative (reduces value); if fallen, it's positive. Nationwide also waives the MVA and surrender charges in cases of death (surviving spouse may continue the contract at the death benefit value), terminal illness, or confinement.
This review is for informational purposes only and does not constitute a quote, contract, or guarantee of future performance. The BNPP Global H-Factor index data shown includes backtested hypothetical performance that does not represent actual live index results prior to the April 2022 inception date. Backtested data is inherently limited and may reflect favorable selection bias. Historical and hypothetical performance using current cap and participation rates does not predict future results. The 25% Income Base bonus applies to the Income Benefit Base only and is not available as surrender value. All rider terms, fees, and rates are subject to change. Annuity guarantees are subject to the claims-paying ability of Nationwide Life & Annuity Insurance Company. Early withdrawals may be subject to surrender charges, MVA, and income taxes. Withdrawals before age 59½ may incur a 10% federal tax penalty. Not FDIC insured. Not a bank deposit. May lose value if surrendered early. FOR AGENT/PRODUCER USE — not for use with the general public without accompanying carrier disclosure documents.
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