guaranteed retirement income

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Do you wish to protect yourself from market downturns while still being invested in the market? Here\'s how you can protect yourself


  • 1. Guaranteed investment fundsSecure yourretirement plans

2. to secure yourretirementplans2 3. Helios at a glancetake advantage of marketupturns while you protectyourself from market downturnsYour plans or your lifestyle should never be put at riskby unforeseen financial market events.Helios offers you investment funds that provide death and maturity guarantees. this means youcan access the markets growth potential while protecting yourself from its downturns. in addition,an Optional Guarantee allows you to generate a guaranteed and predictable retirement income for life.Choose your funds Keep control ofand your protection your investmentsProtecting your retirement plans does not mean missingYou have access to your money at all times and, inout on attractive returns! Helios provides access to acase of death, the death Benefit guaranteed underselection of investment funds offered by seasoned your Contract will be paid to your designatedportfolio managers. Beneficiary.You can take advantage of these funds growth potentialin all confidence knowing that the Core Guaranteesoffered by the Helios Contract protect you againstpossible market downturns.Funds selection at Desjardins Financial Securitydesjardins financial security undertakes to provide you with investment options that meet your needs. for thispurpose, our fund monitoring Committee, comprised of investment specialists, actuaries and senior executives of ourcompany, continues to ensure our offer includes the services of seasoned managers that offer funds with diversifiedand complementary management styles.for the full Helios funds selection, refer to page 15.3 4. maintainProtect yourthe full valuesavings fromof your assetsyour creditorsOne of the Core Guarantees available under the Because you designate a Beneficiary for yourHelios Contract allows for the guaranteed deathHelios Contract, the value of your ContractBenefit to be reset annually based on the cost of living cannot be seized by your creditors in the eventincrease or on market upturns.1 thus, your assets areof bankruptcy or legal proceedings.4preserved and may even grow in value over the years.ensure that your What is a guaranteed investmentmoney is paid quicklyfund (GIF)?in case of death also called a segregated fund, a Gif is an investment fund created and established by ain the event of your death, the value of your life insurance company and offered throughContract will be paid out within five business contracts that offer death and maturity guarantees.days2 directly to your designated Beneficiary,apart from your estate3, in full confidentiality. 1 Conditions apply. Please refer to the Contract and information folder for more details about the Core Guarantees available and the automatic resets of the death Benefit amounts for Guarantee 75/100 i. 2 On receipt of the relevant documents, including the death certificate. 3 in compliance with existing legislation, the Helios Contract stipulates that the death Benefit will be paid in accordance with the Contract Owners Beneficiary designation. interested parties should consult a legal advisor (lawyer or notary) for an assessment of their specific situation. 4 exemption from seizure rules may be complex. interested parties should consult a legal advisor (lawyer or notary) for an assessment of their specific situation.4 5. receive a guaranteedand predictableincome for lifeThe Guaranteed LifetimeWithdrawal Benefit (GLWB)is an Optional Guarantee that you can add toyour Helios Contract at any time. it ensures thatthe retirement income you receive will neverdecrease5 throughout your lifetime. this incomecould even increase.take advantageof market upturnsfor lifethe GLWB Protected value can be reset onceevery three years to the market value of yourContract, when the latter is higher. The resultis higher retirement income for life.increaseyour retirementincomeevery year, following the year that the GLWBis added to your Contract, provided that youdo not make a withdrawal, you may receive a 5Provided your GLWB maximum amount is not exceeded.5% GLWB Bonus6, which will be added to your 6Please refer to the section on the Guaranteed Lifetime Withdrawal Benefit(GLWB) version 2 in the Contract and information folder for more informationGLWB Protected value. the bonus thus increaseson the rules governing the GLWB Bonus.your guaranteed income for subsequent years.7 7Certain restrictions may apply. 5 6. Guaranteesthatpreventuncertainty fifty-three percent of retirees saw their investments decrease between 2008 and 2009.86 7. a choice of protectionsthe Helios Contract offers you two Core Guarantees that provide different levels ofprotection at maturity and at death. You can also add an Optional Guarantee calledthe Guaranteed Lifetime Withdrawal Benefit (GLWB) that provides a guaranteed andpredictable retirement income for life.Choose the formula that is right for you with the help of your advisor. Choose a Core Guarantee: PROTECTION For Life Upon Death Key BenefitYour choice ifGuarantee 75/7575%75%Growth potential and You are a long-term age 105 fees similar to thoseYou want to protect your of mutual fundsinvestment at a reasonablecost.Guarantee 75/100 i 75%100% value of the depositsYou are worried about theafter 10 years+reset for inflation in impact of inflation on the100% case of deathvalue of your assets.after 20 years protectionYou would like to make sure100% againstyour loved ones are taken careat age 105i nflationof in the event of your death. add the Optional Guarantee: PROTECTION For LifeKey Benefits Your choice ifGuaranteed Lifetime Payment of market downturns You want to make sureWithdrawal Benefitretirement will not decreaseyour savings do not run out.income the amount of the(GLWB) guaranteed incomeYou want to ensure yourguaranteedincome threshold at for lifenor its term.retirement. the guaranteed income may increase.9Has your situation changed?You can change your Core Guarantee once per calendar year at no cost. Plus, you can accessyour money10 at any time.8 desjardins financial security 2009 Rethink Retirementtm survey.9 Provided the conditions governing the reset or payment of a GLWB Bonus are respected. Please refer to the Contract and information folder for more information on the rules governing resets and the GLWB Bonus.10 surrender fees may apply. 7 8. nevergive up onwhat reallymattersto youfifty-one percent ofthe workforce aged 65and over have returnedto work after havingtaken full retirement.11most did so to financea personal project orto offset financiallosses.8 9. Helios up closeeliminate the uncertainty witha guaranteed and predictable incomein addition to the Core Guarantees, which protect you at maturity of your Contract and in case of death, youcan choose to add an Optional Guarantee, the Guaranteed Lifetime Withdrawal Benefit (GLWB),to your Helios Contract.the GLWB allows you to receive a guaranteed and predictable income for life under your Helios Contract.this income will never decrease, provided you do not withdraw12 more than the GLWB maximum amounteach year. Your retirement income could even increase with resets and the GLWB Bonus!13How your income is calculatedthe amount you can withdraw each year corresponds to a percentage of your GLWB Protected value.Your age at the time of the first GLWB eligible Withdrawal determines the percentage. GLWB Protected Value the market value of your Helios Contract on the date you add the GLWB.Annual AnnualAge at firstExample of income calculationwithdrawal withdrawalwithdrawal(one Annuitant)(two Annuitants)age50 to 544.00%3.50%GLWB Protected value $500,000age55 to 594.25%3.75% age at first withdrawalage 65age60 to 644.50%4.00%age65 to 695.00%4.50%Percentage of guaranteed income5%age70 to 745.50%5.00%age75 and over 6.00%5.50%annual guaranteed income amount14$25,000 What if your RRIF requires a withdrawal that is greater than the GLWB Maximum Amount? You can withdraw the minimal amount required under your rrif without penalty for the year in question. this withdrawal will not reduce the income to which you are entitled in subsequent years.11 desjardins financial security 2009 Rethink Retirementtm survey.12 any withdrawal greater than the GLWB maximum amount is treated as a GLWB excess Payment. each additional withdrawal decreases the GLWB Protected value, and thus, the GLWB amount for subsequent years. Please refer to the Contract and information folder for more information.13 Please refer to the section on the Guaranteed Lifetime Withdrawal Benefit (GLWB) version 2 in the Contract and information folder for more information on the rules governing the GLWB Bonus and resets.14 Provided you dont make any withdrawals that exceed this amount. Please refer to the Contract and information folder for more information. 9 10. increase your retirement income Whether you are already retired or in a financial sprint to accumulate the amounts you will need for retirement, you are looking to optimize the income generated by your investment. the Guaranteed Lifetime Withdrawal Benefit (GLWB) of the Helios Contract has two mechanisms that can increase your guaranteed retirement income for life: resets and the GLWB Bonus. Resets, to take advantage of good market performances the resets result in a new calculation of your guaranteed income based on the sound performance of your funds. every three years, the GLWB Protected value of your Helios Contract is compared to the market value. When the market value is greater, your protected value is adjusted upwards, resulting in an increased income threshold for life. Resets provide higher retirement income $ 600,000 500,000 400,000 300,000 200,000 $25,000 100,000 for lifeReset at age 68 increases the amount of income to $28,000 for life. 06570 7580 85Age Guaranteed Income Market Protected value ofReset income increase Valuethe Helios Contract the Helios Contract offers the Guaranteed Lifetime Withdrawal Benefit (