Life Annuities will provide you with guaranteed regular income for life. They can be purchased as a single life, based on one person’s life, or as a joint and survivor, based on the lives of two people. Life Annuities can be purchased with or without a guarantee period. A Manulife Life Annuity is ideal for investors who:
Want the highest guaranteed income amount possible from their investment
Wish to help cover essential expenses in retirement
Are concerned about outliving their savings
Wish to minimize tax on their investment income
Value security and peace of mind while reducing the need for ongoing investment decisions
Term Certain Annuities provide investors with guaranteed, regular income for a selected period of time. Once this period is over, income payments cease and the annuity contract ends. A Manulife Term Certain Annuity is ideal for investors who:
Want the highest guaranteed income amount possible from their investment
Wish to help cover essential expenses
Need to minimize tax on investment income
Want to subsidize early retirement income
Need income until pension and government benefits become available
Wish to fund a child's ongoing educational costs
Prescribed Annuities offer potential preferential tax treatment if you are investing using non-registered funds. Each payment includes the same amount of interest and capital. This evens out the amount subject to tax and provides some tax deferral. A Manulife Annuity may qualify as “prescribed.” Speak to your advisor for details.
