The Manulife Personal Plan

Save, invest, and retire—all in one place.

Invest and grow your money just like your employer’s plan but with even more benefits. It’s available exclusively to you as a Manulife group retirement member and your family.¹

Featured benefits

One-on-one support when you need it

Get one-on-one financial guidance and meet with a fully licensed financial professional for support regarding on your investments, savings goals, retirement plan, and much more—at no additional cost to you.²

Call us at 866-991-3056 to speak with a transition specialist

Member Reward Program

Get rewarded with savings on fees, along with receiving a yearly savings bonus based on your total assets.³

More investment options

There's a wide range of savings options and over 200 funds you might not get access to on your own. And not just Manulife funds, you get access to investments from 40 different fund managers—that’s more options than you’d typically find at a bank.⁴

More advantages

  • No transfer fees

    Move your money from an existing Manulife group plan(s) to Manulife Personal Plan without paying any transfer fees.  

  • Lower fees

    Fees are typically lower than what you’d find at a bank.

  • Family access

    This plan is open to your spouse or common-law partner, children (18 or older), and parents.

  • Save in one place

    You can easily move money from accounts outside of Manulife to Personal Plan.

  • Automatic savings

    Easily set up an automatic contribution to your savings account(s).

  • Goal tracking

    Get a complete overview while tracking your financial goals in one place.

  • Account linking

    We link your accounts to help you earn a larger Member Reward Program savings bonus. 

  • Account access and support

    Because your savings are with Manulife, you’ll continue to access your account through manulifeim.ca/retire and through the Manulife Mobile app. You’ll even keep the same Manulife ID, password, and advisor, if applicable.

Savings plans

  • Registered Retirement Savings Plan (RRSP)

    • Deductible contributions could reduce taxable income
    • In-plan gains are typically tax exempt until removed
    • Yearly contribution limit with unused room that carries over
  • Tax-free savings account (TFSA)

    • Contributions aren’t tax deductible 
    • In-plan gains are typically tax exempt, even when removed 
    • Yearly contribution limit with unused room that carries over
  • Non-registered savings plan (NRSP)

    • Save for any purpose
    • Gains are taxable
    • No contribution limit and can be used for short- or long-term needs

Retirement income plans 

Money from registered accounts could be moved to an RRIF/LIF.

Explore
  • Registered Retirement Income Fund (RRIF)

    • Transfer from a non-locked-in Registered Pension Plan (RPP), Registered Retirement Savings Plan (RRSP), Registered Retirement Income Fund (RRIF), or Deferred Profit-Sharing Plan (DPSP)
    • Minimum yearly withdrawals
    • Nontaxable until you withdraw more than the minimum amount
  • Life Income Fund (LIF)

    • Transfer from a locked-in RPP,  LIF, or Locked-in Retirement Account (LIRA)
    • There's a minimum and maximum yearly withdrawal  
    • Nontaxable until you withdraw more than the minimum amount

Find out how to turn your savings into retirement income and how these plans can help you maximize your savings throughout your retirement.

Explore retirement income plans

1 You can join the Manulife Personal Plan if you are leaving a Manulife group retirement plan as a terminated or retiring member, or if you are currently a member of a Manulife group retirement plan, and 1) your existing group retirement plan doesn’t offer a plan type offered through the Manulife Personal Plan and 2) your plan sponsor allows it (ask your Manulife representative). Family members constitute as your spouse or common-law partner, children (18 or older) and your parents. 2 Fees may apply to products that are purchased. 3 Your Member Reward Program reward level is calculated based on the opening balance of your total account balance on the first day of each month and applied only to the market-based assets in each account within your Manulife Personal Plan and Group Retirement Income Plans. The savings bonus is deposited into the account once a year on the anniversary month of that account, if the account is still active and has assets in it. 4 Company stock funds and custom funds cannot be moved to the Manulife Personal Plan. To find out more about funds available to you, give us a call.