Just in time for RRSP season, we’re pleased to tell you that Class Plus 2.1 owners are permitted to make deposits in 2019!
Although Class Plus 2.1 was closed in October 2017, existing clients are eligible to make a maximum deposit of $25,000 before December 31, 2019.
These may consist of lump-sum deposits, including transfers from other institutions, or pre-authorized debits from the client’s bank account.*
The deposit limit of $25,000 means that your Class Plus 2.1 clients can continue to build additional guaranteed income!
To find out more, contact your Empire Life sales representative today.
* Excludes certain locked in and registered plans. We do not allow deposits after December 31st of the year the annuitant turns 80.
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.