Personalized Annuity Term Savings
When retirement is at the door!
- Income is made up of interest and periodic payouts of your original capital
- You can choose the term, frequency and amount of your regular income payments
- 1- to 5-year terms (phone and in-caisse requests)
It's ideal if you want:
- a high level of predictable income from your RRIF or LIF
- the security and high income of an annuity with the flexibility of an investment that lets you withdraw extra amounts or change the amount of your regular income payments
Interest rate
- Fixed
- Based on the term selected
- Guaranteed for the full term
Eligible plans
Eligible for registered retirement income funds (RRIF) and life income funds (LIF) and subject to plan rules
Minimum deposit
$5,000
Return
- Competitive return on your savings
- Capital and interest guaranteed
Deposit amount and frequency
- You choose your amount.
- You can change it at any time.
- You choose your frequency:
- weekly or every 2 weeks
- monthly, twice a month
- quarterly, semi-annually, annually
Security
Learn more about deposit insurance.
- High income: your income is made up of interest and periodic payouts of your original capital
- Flexible: you can receive regular income from more than one personalized annuity
- Stable and secure: your capital and interest are guaranteed
Rate subject to change without notice.