Schedule a call with Ivon Hughes. A qualified annuity broker can help design an annuity to fit your needs and can instantly provide quotes from all the leading annuity providers.
TALK TO IVON
Schedule a Call
Business Across Canada
Mon - Fri 08:00 - 16:00 Est.
What Source of Funds Are Used To Buy An Annuity?
Registered and Non-Registered Fund Types
By Ivon T Hughes
For registered annuities:
Registered Retirement Savings Plan (RRSP)
Locked-in RSP (LRSP)
Locked-in Retirement Account (LIRA)
Registered Pension Plan (RPP)
Deferred Profit Sharing Plan (DPSP)
Registered Retirement Income Fund (RRIF)
Life Income Fund (LIF)
Locked-in Retirement Income Fund (LRIF)
Prescribed Retirement Income Fund (PRIF)
For non-registered annuities:
Funds in a Savings Account
Funds in a Chequing Account)
GIC or Bond
Stocks or Mutual Funds outside RRSPs
About the Author
Ivon T. Hughes
Ivon T Hughes is a leading expert in life annuities in Canada. His website LifeAnnuities.com is a recognized authority on annuities. He's also an established insurance and investment broker, through The Hughes Trustco Group since 1972. Recently, he's been redefining how annuities are sold in Canada.