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| Seg Funds |
| GMWB |
| GIO |
| Annuity |
| RRSP/RRIF |
| TFSA |
| RESP |
| Guaranteed Minimum Withdrawal Benefit - GMWB |
| Guaranteed Retirement Income for Life |
| Retirement income boost |
| You can invest in GMWB product at age 65 and start enjoying your guaranteed retirement income immediately. Or you can invest before age 65 and grow your future guaranteed income through annual Income Base Bonuses and triennial Income Base resets. Each year that you don't make a withdrawal, a 5% Income Base Bonus is added to your Income Base, regardless of what happens in the markets. The higher your Income Base, the higher your retirement income. Here is an example. If you make a deposit of $200,000 to GMWB at age 65 and start withdrawing your income immediately, you will receive $10,000 a year for life. If you delay your withdrawals for 10 years, your Income Base will grow by 5% every year to $300,000. With an Income Base of $300,000, you will receive a guaranteed retirement income for life of $15,000 a year - that's a $5,000 boost. Note that the Income Base and Income Base Bonus have no cash value and are not available for withdrawal from GMWB product. |
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| Reset opportunities to benefit from investment gains |
| Income options to meet your needs |
Investment fund choices and minimum investment requirement |
