Manulife Investments GIC retirement income options
For deposits made up to November 13, 2020.
LIF, LRIF, RLIF, and PRIF options may also be available.¹ Retirement income options from Manulife Investment Management offer very competitive rates and 30-day rate guarantees. In addition, a Manulife Investments GIC provides insurance company benefits, such as the ability to pass on money tax free to beneficiaries and potential creditor protection. A large case program² is also available for investors with GIC assets of $500,000 or more.
Three investment options are available:
- Basic GIC Account (cashable)
- Laddered GIC account
- Daily interest account
Our retirement income options provide:
- Flexible options for payment frequency, payment amounts, withdrawal order, and withholding tax
- The ability to change payout options as needed
- A charge-free withdrawal option in order to access funds in the event of emergency or another investment opportunity
- Automatic payments conveniently deposited directly to a bank account
GIC refers to a guaranteed interest contract. 1 Certain conditions apply. 2 The large case program applies to the basic GIC accounts (cashable/noncashable) and the laddered GIC account only.