Nationwide Secure Growth Annuity

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The Nationwide Secure Growth is a modified single-premium fixed deferred annuity. The annuity is targeted at clients looking for guaranteed rates of return and modest growth for a specified period of time. The annuity can be taken under various plan types, Non-qualified and Roth IRA, IRA, SEP IRA, Simple IRA and Charitable Remainder Trust. Clients can choose from guarantee periods of 1, 3, 5 or 7 years.

Nationwide Secure Growth Annuity Features

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

Free withdrawals

Annuitants can withdraw up to 10% of the contract value without charges. This will be available once during each contract year. The contingent deferred sales charge (surrender charge) schedule for amounts exceeding the free withdrawal amount will start at 8% and end at 0% for the 7-year option and at 5% for the 5-year option.

Nationwide Secure Growth Annuity’s Rider availability

The return of purchase payment rider and the market value adjustment riders are available. The return of purchase payment ensures that the beneficiary is paid at least all investment made into the account while the MVA rider will apply only to withdrawals exceeding the free withdrawal amount.


Annuitization distributions will not be subjected to the CDSC schedule.

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