Today's
investor has no shortage of investment options to choose from. At Fiscal
Agents we believe that an informed investor is our strongest asset and
as such, our financial advisors have an open-door approach to the financial
services marketplace. We can help guide you through many types of investments
decisions.
We believed
so strongly in our mission to make money management easy for our clients
that we went and had it registered as our Trade Mark - Money Management
Made Easy®.
We want
you to profit from our research. This
section provides a base reference source of investment products in a
simple format. The information outlined below is provided to give an
overall illustration of parameters that may be in effect for this investment
product.
Investment
Product
P r o f i l e r: |
RRIFs - Long-Term Interest Rate Guaranteed
|
| Questions
to Ask: |
Answers
you may find: |
| Minimum
Deposit: |
$10,000
initial
$2,500 additional |
| Investment
Terms: |
- Daily
interest savings account
- 1, 1 1/2, 2, and 2 1/2 years
- 3 - 5, 10, 15, 20 years
- Pooled funds - Equity, Bond, Balanced & Money Market |
| Rate
Guarantee Period on Transfers: |
45
calendar days with letter of commitment for transfer of $10,000 or
more. |
| Annual
Administration Fee: |
None |
| Cashable
Investments: |
Yes,
subject to market value adjustments before end of term. |
| Interest
Payment Method: |
Compound
annually at original rate. Fixed terms over 10 years simple interest
only. |
Interest
Bands:
(Bonus interest for larger deposits) |
$10,000
- $24,999
$25,000 - $49,999 - +.375%
$50,000 - $99,999 - +.50%
$100,000 and over - +.625%
$200,000 ask for special rate.
(None on Daily Interest) |
| RRIF
Pay-out Options: |
- Minimum
payments
- Customized income
- Fixed income
- Indexed payments
- Lump sum withdrawals
- Level income payments for life
- Level income payments for fixed period
- Interest only payment (from Guaranteed accounts)
|
| RRIF
Pay-out Frequency and Rate Reduction where applicable: |
Annual,
Semi-annual, Quarterly, Monthly |
| RRIF
Payment Fee: |
None |
| Change
in Pay-out Amount: |
Client
may change payout (in combination with other transactions) twice a
year without charge.
Market Value Adjustment may apply if payout is greater than maximum
payout. |
| Withdrawal/Transfer
Full or Partial: |
Subject
to Market Value Adjustment if before end of term, for Guaranteed Accounts
only. |
| Issue
Ages: |
Minimum
50 - Up to age 90 |
| Statements: |
Semi-
annually |
Are
illustrations produced
as part of Policy or Contract: |
Yes,
illustrations are produced, but not as part of contract. |
Market
Value Adjustment
on Demise of RRIF Owner -
Estate / Beneficiary: |
Investment
may transferred to spouse without adjustment, otherwise Market Value
adjustment may apply on fixed term products. |
| Other:
|
If contract
is issued by a Life Ins Co. - beneficiaries receive greater of value
of investment funds or 100% of all investment fund deposits made to
age 65 + 75% of all investment fund made after age 65 less any withdrawals.
|
| Type
of Investment Funds: |
Equity
Fund, Bond Fund, Balanced Fund, Money Market Fund, Income Protection
Fund.
|
IP-Profiler - Retirement
