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 | About Manulife Investments GIC Retirement Income Features
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| You can enjoy additional retirement income benefits with the Manulife Investments GIC.
| Key Features |
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Choose Your Investment Type
Choose from Basic (cashable), Laddered or Daily Interest Account investment types.
Select Your Income Payment Frequency
Select from several income payment frequency options -- monthly, quarterly, semi-annual or annual.
Schedule Your Payment Amount
Choose the government prescribed minimum or maximum, level or indexed payments.
Choose Your Withdrawal Order
Choose to have proportional payments drawn from all GIC investments in your contract or using the interest first from the GIC investments with the lowest rates.
Select Your Withholding Tax
You choose the tax rate, subject to minimums.
And More..
- Payments deposited directly to your bank account.
- Free annual cash withdrawal option -- in addition to scheduled payments, you can withdraw up to 10% of the total plan value once per year, to maximum of $10,000, without charge.
| How You Benefit |
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- Provides you with a wide range of flexible options for payment frequency, payment amounts, withdrawal orders and withholding tax.
- Ability to change your payout options as your needs change.
- Greater access to your money with additional 10% free annual cash withdrawals.
- Automatic payments are conveniently deposited to your bank account.
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MLI GIC Investments
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MLI
INVESTMENTS GIC |
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GIC
Accounts
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