Income Master

Income Master (Insurance GIC*) provides an easy way to convert a registered Superflex to an income stream at retirement. 

Income Master is an excellent choice as part of a retirement income plan. It offers a steady stream of retirement income with the peace of mind that comes with owning a guaranteed interest investment. Once a year, a withdrawal of up to 10% of the January 1st value can be processed with no Market value adjustment (MVA). Additional withdrawals (after the 10%) are subject to MVA.

Benefits

  • Income Master can provide income to you and your family while the remaining investment continues to grow at a guaranteed rate of interest.
  • Income Master offers daily interest and is available in investment terms of 1 to 25 years. It can be issued as a registered retirement income fund (RRIF), a life income fund (LIF), or a restricted life income fund (RLIF)
  • Income Master has the option of the Legacy settlement option for your beneficiary(ies), so the death benefit can be paid in the form of an income stream rather than a lump sum
     

Investor resources

Advisors, access marketing materials, resources and more

 

To learn more about how Income Master can help you meet your investment goals, talk to your advisor today.

 

*Insurance GIC is an accumulation annuity issued by Sun Life Assurance Company of Canada.