What is a registered index-linked annuity?

When you want growth potential while limiting downside risk

A registered index-linked annuity (RILA) offers growth potential based on index strategies that track market performance, but you are not directly invested in the market.

They can be a good choice if you’re willing to take on market risk but also want some control over how much risk you take on.

There are two types of protection to help limit loss.

• A Buffer RILA protects against index losses up to the buffer percentage and you assume losses beyond that point
• A floor RILA protects against index losses once they reach the floor percentage; but you assume losses up to that point