 Did you know that 98% of aging Canadians want a lifetime income1 and 73% believe financial advisors have responsibility to discuss guaranteed lifetime products2? The solution for converting RRSP to RRIF this income season may be Empire Life Class Plus® 3.0. Class Plus 3.0 benefits - Clients receive a predictable monthly income that is guaranteed for as long as they live3
- If the RRIF minimum is higher in any year than the guaranteed income, clients can withdraw up to the RRIF minimum and it is not an Excess Withdrawal
- Income will continue even if the value of the investment goes to zero
- In the event of death, the proceeds may bypass probate, provided a beneficiary is named
Our RRIF video and case study can help demonstrate to clients how Class Plus 3.0 may benefit their financial situation.
 | Class Plus 3.0 RRIF Video - Client friendly and easy to understand
- Shows Class Plus 3.0 may be an ideal solution for converting an RRSP to a RRIF
- Share with clients to start conversation about guaranteed income
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| Class Plus 3.0 RRIF Case Study - Complement to video
- Reinforces and builds on information presented in video
- Good to leave behind with clients
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FOR ADVISOR USE ONLY 1 Designing retirement schemes Canadians want. CAAT Pension Plan. April 13, 2017. 2 2018 Canadian Guaranteed Lifetime Income Study, Greenwald & Associates and CANNEX. 3 Making an Excess Withdrawal may decrease the guaranteed retirement income for life amount. A description of the key features of the individual variable insurance contract is contained in the Class Plus 3.0 Information Folder. Any amount that is allocated to a Segregated Fund is invested at the risk of the contract owner and may increase or decrease in value.
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