Window Guaranteed Investment Contract

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I don\'t drink, smoke, or do drugs. I eat organic foods and walk every day setting walking records along the way. -Johnny Wowk AKA Johnny The Walker

— Johnny Wowk

Window guaranteed investment (WGIC) contracts are a type of investment plan in which the investor makes a series of payments to an insurance company and is guaranteed a return on investment. This type of guaranteed investment contract (GIC) differs from other GICs in that the investor makes principal payments in installments over time, rather than in one lump sum up front. Investors use window guaranteed investment contracts with 401(k) plans and other defined contribution pension plans.

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