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Manulife RetirementPlus Rates

Manulife RetirementPlus uses Transition Income Rates to determine guaranteed income for current and future Income Ages. These rates are established at the time of each Transition. Deferring income may mean higher future guaranteed income. In addition, Income Credits can accumulate in the Savings Phase to enhance future guaranteed income.

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  • Male
  • Female
  • Joint Life1

Inquiry date:
Income option:
Birth year:

Income Age2
Transition Income Rate3 (%)
Income Rates are valid until 4:00 p.m. ET of the inquiry date. For non-business dates, the rates are as of the last business day.
Income Credit Rate4 for:
The Income Credit calculation applied to your contract is based on the Income Credit Rate on the last business day of each month. To view the applicable Income Credit Rate please visit this website on the first business day of each month.

1 Joint Life is based on the younger spouse's age. The Joint Life must be the spouse or the common-law partner (as defined by the Income Tax Act (Canada)).

2 Prior to Election of Income, Income Age is any age when Election of Income can occur. Once Election of Income has occurred, Income Age is the age on the valuation date of a subsequent transition. Income Age is based on the age of the younger of the annuitant and Joint Life (if applicable) as of December 31 of a calendar year.

3 Transition Income Rates are based on the date of each Transition and are subject to change daily.

4 Income Credits are not cash deposits, they increase the basis for calculating future guaranteed income. The Income Credit Rate is subject to change.

The Manufacturers Life Insurance Company is the issuer of the Manulife RetirementPlus insurance contract and the guarantor of any guarantee provisions therein. Exceeding the withdrawal thresholds and/or withdrawals taken prior to the Election of Income may have a negative impact on future income payments. The Total Income Amount becomes available for election on January 1st of the year the annuitant or the younger of the annuitant and Joint Life if applicable, turns age 50. Other conditions may apply.

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