Get a free Annuity Quote! Visit us at www.LifeAnnuities.com or call us Toll Free 877-842-3863.
Canada Saturday, August 19, 2017

 

usa today

Is an annuity a good way to guarantee income? USA Today

 

One of the advantages of life annuities is the guarantee that you and your partner, if included, won't outlive the income.

 

After you have spent a lifetime wrestling with a job, children and the up and downs of life generally, it is a great relief to know that on the 1st of the month, your annuity cheque with guaranteed income, will be automatically deposited in your bank account.

 

 

And along with any government pension, and a company pension cheque if you're lucky, you are now set to enjoy the coming years. You don't have to worry about the stock market, dragging your income up and down, leaving you worrying that an event like the crash is 2008 could leave you almost destitute.

 

Peace of mind is one of the main reasons people buy annuities. But another is the income tax advanatges as only a small part of the income from a non registered annuity is taxable. And the older you are, the less tax you pay. Of course this does not include annuities bought with RRSP funds or RRIFs, as you have not paid tax on the caopital or its growth.

 

Overall, annuities supply that confidence that , no matter what happens, you'll be fine. That is what a guaranteed income can do for you.

Life Annuities Twiiter YouTube Facebook Pinterest RSS Feed Linkedin G plus

The Hughes Trustco Group | Website: LifeAnnuities.com | Email: info@trustco.ca | Toll Free: 877-842-3863
Download our free Life Annuities Ebook and Company Brochures at LifeAnnuities.com.