Nationwide Quatro Select Annuity

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The Nationwide Quatro Select is a modified single-purchase fixed deferred annuity that provides four guaranteed interest rate periods. The annuity is targeted at clients looking for guaranteed rates of return for a specified period of time. The annuity can be taken under two plan types, Non-qualified and Roth IRA. Clients can choose from guarantee periods of 1, 3, 5 or 7 years.

Nationwide Quatro Select Annuity Facts

Interest rate guarantee period

The base interest rate will be renewed annually for the remaining period from the first to the seventh year.

Issue age

The issue age is 0-90 years for annuitants. Owners may be of any age.

Minimum initial investment

  • Minimum qualified payment- $10,000
  • Minimum non-qualified payment- $10,000
  • IRA/Roth IRA-$2,000
  • Maximum payments-$1,000,000

Free withdrawals

Annuitants can withdraw the accumulated interest amount without incurring withdrawal charges. The minimum amount that can be withdrawn is $100.

Contract review

The annuity contract will be reviewed each anniversary. If the value is equal to or greater than $200,000, $250,000 or $1,000,000, the client receives a corresponding jumbo rate.

Rider availability

The return of purchase payment rider comes standard on the Nationwide Quatro Select annuity product.


Clients can annuitize their accounts after 2 years (1 year in Florida).

Death benefit

Upon the death of the annuitant, the benefit paid will be the contract value or the return of purchase payments, whichever will be the greater of the two. Spousal continuation is also available upon the annuitant’s death.


Terminal illness and nursing home waivers are available in all states but with market value adjustment. These may not be available in all states.

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