Canadian Annuity

4 Advantages of a Canadian Annuity

By Ivon T Hughes
4 advantages of a canadian annuity
Figure 1. 4 Advantages of a Canadian Annuity

The 4 essential advantages in purchasing a Canadian annuity are:

  1. Worry Free
  2. A life annuity ensures you do not have to worry about stock market failures.

  3. Regular Deposit
  4. Annuities provide regular income deposited in your bank account every month.

  5. Lifetime Income
  6. Annuity payments are for life.

  7. Tax Advantages for Non-registered Funds
  8. You receive a tax advantage over other investments, including GICs.

Ivon T Hughes

About the Author

Ivon T. Hughes

Ivon T Hughes is a leading expert on life annuities in Canada. His website LifeAnnuities.com has different financial products and has been a recognized authority since 1972.

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The Hughes Trustco Group | Website: LifeAnnuities.com | Email: info@trustco.ca