SPECI AL 5% RATE FOR CLIENTS UNTIL PIVOTAL SELECT
FHSA IS AVAILABLE
Great news for clients saving for their first home! For a limited time, clients who
intend on setting up a First Home Savings Account (FHSA) with Equitable Life®
can deposit money to a Guaranteed Interest Account (GIA) now and enjoy
a special rate of 5.00%. 1
The special rate applies only if the client transfers the funds to an FHSA by
December 28, 2023; otherwise, the standard Daily Interest Account (DIA) rate
will be applied to those funds.
Here's how to take advantage of this special rate: For New Clients:
Complete an application for a non-registered GIA. On the application select
"Daily Interest Account" as the investment instructions and write the amount to
be deposited (minimum $500, maximum $8,000).
In the Special Instructions section of the application, write "FHSA".
For Existing Clients - must have a GIA (Compound Interest Only) policy:
Submit a letter of direction or complete the Investment Direction form requesting to deposit funds to the DIA for the FHSA promotion
(minimum $500, maximum $8,000)
Complete sections 1, 3, 4, 12 and 13 of the Investment Direction form, and in the Special Instructions area, write "FHSA".
The Investment Direction form (693ANN) can be found here
Although DIA is selected, the funds will be deposited to and displayed in EquiNet® and Equitable Client Access® as a special 1-year
Guaranteed Deposit Account (GOA). Only new lump sum deposits are eligible for the special rate of 5.00%.1
The GOA will be a non-registered account and any interest earned will be taxable.
Once the Equitable Life FHSA is available:
Submit a Pivotal Select™ FHSA application, and request to transfer the funds from the GOA to the Pivotal Select policy.2 No Market Value
Adjustment fees will be charged.
In the Special Instructions section, indicate the source of funds to be "FHSA promotion funds" and provide instructions on where to direct
any excess funds in the GIA if applicable.
The funds will be transferred to the FHSA. 3
Any excess funds over $8,000 will be returned to the client as a direct deposit, a cheque, or the client can keep the GIA open.
Additional information about this promotion
This is a great opportunity for clients to start saving for their first home today while earning an excellent rate. T
This special savings rate promotion is available until the launch date of Equitable Life's FHSA unless the promotion is ended on an earlier
date at Equitable Life's discretion. The maximum amount on which a client can receive the special savings rate is $8,000.
Clients who do not transfer funds to the FHSA on or before December 28, 2023 will not receive the promotional rate. We will transfer the
funds from the special GOA to the DIA account effective as of the date of deposit. As a result, the interest received by the client from the
date of deposit to December 28, 2023 will be the DIA rate rather than the promotional rate.
Additional details about the FHSA can be found on the Government of Canada's website.
® denotes a trademark of The Equitable Life Insurance Company of Canada.
1 The pre-FHSA special saving rate of 5.00% per year compounds daily and takes effect from the date Equitable Life receives the deposit
and will end on the date the FHSA Pivotal Select segregated fund product is launched later this year (December 28, 2023 at the latest). In
the unlikely event Equitable Life's Pivotal Select FHSA is unavailable in 2023, the funds subject to the promotion will earn the 5.00% rate
for 1 year from the date of deposit through maturity in 2024.
2 The FHSA promotion will only be available as a Pivotal Select Segregated Fund policy. Clients can open a FHSA only if they meet the
eligibility criteria when they sign the application.
3 The funds in the Guaranteed Interest Account will be transferred to the FHSA in the form of a contribution of up to $8,000 on or after the
date the client signs the FHSA application form. Clients must open a FHSA to receive the special bonus interest.
Posted June 1. 2023
在 PIVOTAL SELECT 之前，客户可享受 5% 的特别优惠
FHSA 可用
为首套房存钱的客户的好消息！ 在有限的时间内，客户打算在衡平人寿® 开设首次置业储蓄账户 (FHSA)
现在可以将钱存入保证利息账户（GIA）并享受5.00% 的特别税率。 1个
只有当客户通过以下方式将资金转移到 FHSA 时，特殊利率才适用2023 年 12 月 28 日；
否则，标准每日利息账户 (DIA) 利率将应用于这些资金。
以下是如何利用此特价：
对于新客户：
完成非注册 GIA 的申请。 在应用程序选择
“每日利息账户”作为投资指令并写入金额
存入（最低 500 美元，最高 8,000 美元）。
在申请的特殊说明部分，写上“FHSA”。
对于现有客户 - 必须有 GIA（仅限复利）政策：
提交指示信或填写投资指示表，要求将资金存入 DIA 以进行 FHSA 促销
（最低 500 美元，最高 8,000 美元）
填写投资方向表的第 1、3、4、12 和 13 部分，并在特别说明区域填写“FHSA”。
可以在此处找到投资方向表 (693ANN)
尽管选择了 DIA，但资金将作为特殊的 1 年期存入 EquiNet® 和 Equitable Client Access® 并显示在其中保证存款账户 (GOA)。 只有新的一次性存款才有资格享受 5.00%.1 的特殊利率。
GOA 将是一个非注册账户，任何赚取的利息都需要纳税。
一旦衡平人寿 FHSA 可用：
提交 Pivotal Select™ FHSA 申请，并请求将资金从 GOA 转移到 Pivotal Select 保单。
2 无市场价值将收取调整费用。
在特别说明部分，指明资金来源为“FHSA 促进资金”，并提供指示方向的说明
GIA 中的任何多余资金（如果适用）。资金将转移到 FHSA。
3 个任何超过 8,000 美元的多余资金将以直接存款、支票的形式退还给客户，或者客户可以保持 GIA 开放。
有关此促销的其他信息
对于客户来说，这是一个很好的机会，可以在今天开始为他们的第一套房子存钱，同时获得优惠的利率。 此特别储蓄率促销活动在衡平人寿的 FHSA 推出日期之前有效，除非促销活动提前结束
衡平保险自行决定的日期。 客户可以获得特别储蓄率的最高金额为 8,000 美元。
未在 2023 年 12 月 28 日或之前将资金转入 FHSA 的客户将不会获得促销利率。 我们将转移
从特殊 GOA 到 DIA 账户的资金自存款之日起生效。 结果，客户从存款日期至 2023 年 12 月 28 日将是 DIA 利率而不是促销利率。
有关 FHSA 的更多详细信息，请访问加拿大政府网站。
® 表示加拿大衡平人寿保险公司的商标。
1 FHSA 之前的每年 5.00% 的特别储蓄利率每天复利，并从衡平人寿收到存款之日起生效
并将于今年晚些时候（最迟 2023 年 12 月 28 日）推出 FHSA Pivotal Select 独立基金产品之日结束。 在万一恒信保险的 Pivotal Select FHSA 在 2023 年不可用，受促销的基金将获得 5.00% 的利率从存款之日起 1 年至 2024 年到期。
2 FHSA 促销仅作为 Pivotal Select 独立基金保单提供。 客户只有满足以下条件才能开立 FHSA
他们签署申请时的资格标准。
3 保证利息账户中的资金将以最高 8,000 美元的供款形式转入 FHSA。
客户签署 FHSA 申请表的日期。 客户必须开立 FHSA 才能获得特别红利。
本媒体特别支持：Philharmonic Music and Art Canada
艺术中心负责人Katy，联系电话：416-839-7166
