My money for life
my money for life is a great way to ensure a minimum guaranteed retirement income stream for life – while still maintaining the potential to capture increases in the market value of your investments.
It’s a revolutionary concept that adds insurance coverage to your group plan savings. This protection ensures that your my money for life annual income guarantee will never decline due to market fluctuations – and you’ll continue to benefit from investment returns that grow your savings.
my money for life works seamlessly with the group plan investments that you hold in a Registered Retirement Savings Plan (RRSP), Defined Contribution Pension Plan (DCPP) or Deferred Profit Sharing Plan (DPSP), or in a registered retirement income product, such as a Registered Retirement Income Plan (RRIF). You can apply the guarantee to all of your assets, or just some. The choice is yours!