Transcript
Simulator
Will you have enough savings for your retirements?
FAQ
When can I add the Guaranteed Lifetime Withdrawal Benefit to my Helios Contract?
You can add the Guaranteed Lifetime Withdrawal Benefit to your Contract any time up to when the Annuitant reaches the age of 80. Please contact your representative if you’d like to add it to your Contract.
Are all of the Helios Contract’s Funds eligible for the Guaranteed Lifetime Withdrawal Benefit?
Only the following Funds are eligible for the GLWB:
Portfolios of Funds
- DFS GIF – Diversified Income – Quotential
- DFS GIF – Balanced Income – Quotential
- DFS GIF – Balanced Growth – Quotential
- DFS GIF – Global Growth – Northwest Select
Individual Funds
- DFS GIF – Money Market
- DFS GIF – Income – Fiera
- DFS GIF – Canadian Bond – Addenda
- DFS GIF – Growth and Income – Northwest
- DFS GIF – Global Balanced – Jarislowsky Fraser
- DFS GIF – Balanced Growth – McLean Budden
- DFS GIF – Canadian Balanced – Fidelity
- DFS GIF – Canadian Balanced – Fiera
- DFS GIF – Canadian Balanced – Bissett
- DFS GIF – Canadian Balanced – CI Signature
- DFS GIF – Balanced – Ethical
Browse the Funds’ curve to see all of the Funds offered under the Helios Contract.
How is my annual income calculated?
The amount you can withdraw each year corresponds to a percentage of your GLWB Protected Value. This percentage is based on the Annuitant's age at the time of your first withdrawal. This amount is calculated at the time your first withdrawal is made and on January 1 every subsequent year.
GLWB Payout Percentage
| Ages 50 to 54 | 4% | 3.5% |
| Ages 55 to 59 | 4.25% | 3.75% |
| Ages 60 to 64 | 4.5% | 4% |
| Ages 65 to 69 | 5% | 4.5% |
| Ages 70 to 74 | 5.5% | 5% |
| Ages 75 and up | 6% | 5.5% |