Sources of funds that can be used to purchase an annuity

Below is a list of funds that can be used to purchase an annuity contract.

A) Registered Funds List

• 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)

B) Non-registered Funds

Can be on a “prescribed” or “non-prescribed” taxation basis