S&P 500® Index
Traditional index strategy options leverage the historical strength of the U.S. stock market
New Heights IUL includes capped and uncapped S&P 500® Index options that are based on market capitalizations of 500 large companies listed on the New York Stock Exchange (NYSE) or NASDAQ and widely considered a leading indicator of the U.S. stock market and economy as a whole. For more information, ask your financial professional to see the rate sheet.
S&P 500® Index Options
Rates as of 3/1/2020
Uncapped
| Indexed Option | Core |
|---|---|
| Participation Rate | 100% |
| Indexed Strategy Charge | 0% |
| Spread rate | 7% |
| Guaranteed Multiplier | 15% |
Capped
| Indexed Option | Core | Choice Plus |
|---|---|---|
| Participation Rate | 9.5% | 12.50% |
| Indexed Strategy Charge | 100% | 100% |
| Spread rate | 0.5% | 0.5% |
| Guaranteed Multiplier | 0% | 1% |
| Guaranteed Multiplier | 15% | 15% |
The “S&P 500®” is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Nationwide Life and Annuity Insurance Company (“Nationwide”). Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); DJIA®, The Dow®, Dow Jones® and Dow Jones Industrial Average are trademarks of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Nationwide. Nationwide New Heights Indexed Universal Life Accumulator is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500®.
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