Life Annuities Are Both Registered And Non Registered

Registered Annuities

Registered life annuities are bought with pension and RRSP funds. Normally a husband and wife will buy an annuity guaranteed for example, for 10 years and life. This means that in the event of their deaths before 10 years, that their heirs will inherit the payments still due. It also means that payments will continue as long as either is alive. This type of annuity can be guaranteed up to age 90 of either partner or up to 15 years with pension funds.

• Registered Life Annuity Rates
• Example of a Registered Life Annuity Quote

Non-registered Annuities

Non registered annuities are those bought with money on which you have already paid taxes. It is the money you use to buy a GIC, a house, a car etc. The guarantee periods cannot extend beyond age 90 for registered annuities. Non-registered annuities and are only partially taxable as the payments include a partial return of capital.

• Non Registered Life Annuity Rates
• Example of a Non Registered Life Annuity Quote

How To Get The Best Income - GUARANTEED!

The only way to find out which company will give you the best income is to give ALL the companies ALL the information at the SAME time. This way you can guarantee that you will receive the best possible income!

People commonly ask different brokers for the same quote. This results in different figures from different companies and described in different ways that can confuse you. And you have no guarantee that ALL the companies have been asked to quote! But if we give ALL companies ALL the information on the SAME day, you will be able to directly compare the figures.

And this is what our brokers do for you. They give you ALL the quotes from ALL the companies listing them one under the other for easy comparison. To see how easy it is for you to get the highest income.

And while you are considering what to do, here are some questions you may want to consider:

• Will one partner be left better off than the other?
• Would I be better off with a lower guarantee on a single life contract?
• Does breaking the RRSP into single and joint life annuities make sense?

What to do now?

• We supply you with the best annuity rates in Canada as our brokers represent all the best financial institutions in Canada. For personal assistance on your annuity complete our annuity quote form