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Nationwide Secure Growth Annuity | 7 Year

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Nationwide Secure Growth Annuity 7

Minimum Deposit: $10,000 | 5.15%

Deposits $100,000+ | 5.35% 

The Nationwide Secure Growth 7 is a 7 Year Fixed Annuity designed to be a high-yield retirement savings account.

A fixed annuity or MYGA may be suitable for conservative investors who are looking for a safe and steady way to grow their retirement savings.

Nationwide annuity logo - #4 indexed annuity company  A+ Nationwide Secure Growth 7 Year Fixed Annuity 

  • Compound Interest ($100,000 or more) 5.35%

    5.15% Interest for deposits of $10,000 - $99,999

  • Annual Free Withdrawals 10%

    Systimatic withdrawals of interest is allowed

Nationwide Secure Growth 7 Details

Not available in: CA, NY, DE

Visit our online annuity marketplace to view and compare more Fixed Annuity Rates. If you’d like an opportunity for more upside potential while maintaining principle protection you may want to consider a fixed index annuity.

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About Nationwide

Nationwide offers term and permanent life insurance and annuities, including:

Nationwide is a Fortune 100 company that offers a full range of highly ranked insurance and financial solutions.

In 2021, total investments increased to $130.8 billion, up from $125.5 billion in 2020. Net investment income of $5.3 billion in 2021 was up from $4.1 billion in 2020, driven primarily by alternative investments.

Nationwide Ratings

Nationwide is rated A+ by AM Best, A+ by Standard & Poor’s, A1 by Moody’s and has an 89 Comdex Score.

Rating Agency Rating
A.M. Best Company (Best's Ratings, 15 Ratings) A+ (2)
Superior. Assigned to companies that have, in our opinion, a superior ability to meet their ongoing obligations to policyholders.
Standard & Poor's (Financial Strength, 20 Ratings) A+ (5)
An insurer rated 'A' has STRONG financial security characteristics, but is somewhat
more likely to be affected by adverse business conditions than are insurers with higher
Fitch Ratings (Financial Strength, 21 Ratings) A+ (5)
Strong. 'A' IFS ratings denote a low expectation of ceased or interrupted payments. They indicate strong capacity to meet policyholder and contract obligations. This capacity may, nonetheless, be more vulnerable to changes in circumstances or in economic conditions than is the case for higher ratings.
Weiss (Safety Rating, 16 Ratings) B (5)
Good. The company offers good financial security and has the resources to deal with a variety of adverse economic conditions. It comfortably exceeds the minimum levels for all of our rating criteria, and is likely to remain healthy for the near future. However, in the event of a severe recession or major financial crisis, we feel that this assessment should be reviewed to make sure that the firm is still maintaining adequate financial strength.
Ranking (Percentile in Rated Companies)89
The Comdex gives the average percentile ranking of this company in relation to all other companies that have been rated by the rating services. The Comdex Ranking is the percentage of companies that are rated lower than this company.

Learn more about what these financial ratings mean

Compare More Top 7 Year Annuity Rates

TermInsurerAnnuityRateAM BestApply
7 Years Aspida annuity logo ASPIDASynergy Choice5.60%A-
7 Years Atlantic coast life logo Atlantic Coast LifeSafe Harbor 5.54%B++
7 Years Farmers life annuity logo Farmers LifeSafeguard Plus5.45%B++
7 Years Americo financial annuity logo AMERICOPlatinum Assure5.30%A

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Jason Caudill, MBA

Jason Caudill, MBA

Jason Caudill is President of My Annuity Store, Inc. and has distributed more than $1.5 Billion of annuities during his career. He believes a lack of access to educational materials and annuity products has hindered the widespread adoption of these strategies in the United States. Jason has been a student of annuities since the age of 21 when was an intern for New York Life Insurance Company. His mission is to help change the way annuities are bought and sold.

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