Nationwide Peak 10 annuity
The Nationwide Peak 10 annuity is a single premium deferred fixed indexed annuity. The product has a income rider with a 4% roll up and no annual fee. A 7% roll up option is available for an annual fee. The AM Best rating is currently A+. 10 year surrender period with a 10% free
Nationwide Peak 10 Annuity- Income bonus
The product has a 10% income bonus. The bonus is on the income rider only and not the accumulation value.
This product has approvals in most states but not all. CLICK HERE FOR STATE APPROVALS
This product features multiple crediting methods including uncapped strategies
- Exclusive: Alliance Bernstein Growth and Value Balanced IndexSM (GaVL)
- Exclusive: J.P. Morgan CycleSM Index
- S&P 500® Daily Risk Control Index
- S&P 500® Price Index
Nationwide Peak 10 Annuity: Commission
Street commission is a percentage of each purchase which is based on the age of the client. Please see below for details:
If the client is between the ages of 0 to 75 years old, the commission rate is 6.50%.
With clients between the ages of 76 to 80 years old, the commission rate is 4.65%.
For clients from ages 81 through 85, the commission rate is 3.05%
Additional commission levels for high level producers and agencies
Nationwide offers 4 additional commission levels for those who meet specified production levels. Production at additional levels ranges from 2.5 million at level 1 and tops out at 25 million for level 4
If you would have any questions about this or other products. Please feel free to contact us either by phone at (203)796-5403 or by email at [email protected]