Ideal Segregated Funds Signature Series - Ideal Income Series

Savings plans¹: $1,000 per fund

Payout plans²: $1,000 per fund

Platinum: $5,000 per fund

Additional premiums: age 100 or earlier where required by legislation

Existing contracts opened prior to April 16th, 2012 allowed up to a maximum of $25,000 per year

Savings plans¹: $50 per fund

Platinum: $1,000 per fund³

Maximum of $25,000 per year

Savings plans¹: $100 per fund

Payout plans²: N/A

Platinum: $500 per fund

Savings plans¹: $250 per fund

Payout plans²: $1,000 per fund

Platinum: $1,000 per fund

Savings Plans¹: Greater of Series Value or 100% of Death Guarantee Value⁶ (75% if the annuitant is 80 years old or older at the time of the first premium payment).

Payout Plans²: Greater of Series Value or 100% of Death Guarantee Value⁶ (75% if the annuitant is 80 years old or older at the time of the first premium payment) less sum of scheduled retirement income payments received since first premium payment or last reset date.

Automatic resets of the Death Guarantee Value every 3 years until Annuitant reaches age 70 (joint life annuitant’s age, if younger). A final reset may occur on the Series Anniversary Date following the Annuitant’s 70ᵗʰ birthday.

Savings Plans¹ only:

• Maturity Benefit Guarantee is equal to the greater of Series Value or 75% of Maturity Guarantee Value⁷ on the Series Maturity Date.

Payout Plans² only:

• Payout Benefit Guarantee equal to the greater of Series Value or 75% of Maturity Guarantee Value⁷.

Guaranteed Lifetime Withdrawal Benefit (GLWB)

Guaranteed Withdrawal Balance (GWB)

• Total guaranteed amount from the Series available for future LGWA.
• Set with the first premium allocation to the Series, may increase over time with additional premiums, resets and bonuses, and may decrease with withdrawals.
• Automatic reset of the GWB every 3 years on the Series Anniversary Date, if the Series Value is greater than the GWB.

Guaranteed Bonus Base (GBB)

• GBB is the amount used to calculate the bonus at the end of each year. Initially equal to the first premium and adjusted for additional premiums, resets and withdrawals.
• Automatic reset of GBB every 3 years on the Series Anniversary Date, if the Series Value is greater than the GWB.

Bonus

• Prior to the LID, a 5% bonus is added to the GWB each year when no withdrawals have been made. Does not impact Series Value; cannot be redeemed if the Series is withdrawn.
• Bonus increases the GWB and LGWA. Does not increase the Series Value or the GBB.

Lifetime Income Date (LID)

• The date that the contractholder elects to start receiving guaranteed income (LGWA), after which the percentage used to calculate the LGWA will be fixed.
• Before the LID is reached, clients can change it as long as written instructions are received at least 3 months prior to the date.
  

Guaranteed Payment Phase (GPP)

If the Series Value drops to zero, and there is a remaining GWB, the Series will enter into the GPP. In this phase, we will continue to provide a LGWA until the death of the Annuitant (or last surviving spouse or common‑law partner, if Joint Life Option).

Lifetime Guaranteed Withdrawal Amount (LGWA)

• Amount guaranteed to be available each calendar year for withdrawals for the life of the annuitant or joint life, if a joint life is selected.

Calculated as a percentage of the GWB.

55 – 59

4.00%

3.50%

60 – 63

4.50%

4.00%

64 – 69

5.00%

4.50%

70 – 74

5.25%

4.75%

75 – 79

6.00%

5.50%

80+

6.50%

6.00%

Yes

Yes

Yes

Yes

Contingent contract holder for Non-Registered plans only

Yes

MERs vary by Fund for more details visit Price and Performance.

A sales charge option may be paid at the time of deposit or on a deferred basis depending on the load option chosen.

Refer to Sales Charge Options section for more information.

Ideal Income Series Fee charged quarterly in addition to the MER

Charges may apply for certain transactions including withdrawals and Fund switches.

For additional detail, refer to the Information Folder and Contract documentation.

Back‑end load, Low‑load, No‑load and Platinum No‑load

Up to 1 year

6%

3%

1‑2 years

5%

2%

2‑3 years

5%

1%

3‑4 years

4%

0%

4‑5 years

3%

0%

5‑6 years

2%

0%

6‑7 years

1%

0%

7 years or more

0%

0%