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


Indexed OptionCore
Participation Rate100%
Indexed Strategy Charge0%
Spread rate7%
Guaranteed Multiplier15%


Indexed OptionCoreChoice Plus
Participation Rate9.5%12.50%
Indexed Strategy Charge100%100%
Spread rate0.5%0.5%
Guaranteed Multiplier0%1%
Guaranteed Multiplier15%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®.

Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide New Heights and New Heights are service marks of the Nationwide Mutual Insurance Company.