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.

Phil Barker

About the Author

Phil Barker

Phil Barker is a leading expert on life annuities in Canada. has different financial products and has been a recognized authority since 1972.

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