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Tag: annuity

Can You Use Funds from a Tax-Free Savings Account to Buy a Life Annuity?

May 18, 2023 Phil Barker Retirement

The Tax-Free Savings Account (TFSA) is a popular savings vehicle in Canada that allows individuals to earn investment growth on[…]

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How Long Does It Take To Purchase An Annuity?

May 11, 2023 Phil Barker Retirement

An annuity is a financial product available in Canada that provides a fixed income stream to an individual or a[…]

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How Often Do Annuity Rates Change?

May 8, 2023 Phil Barker Retirement

Types of Annuities Annuities are financial products that provide a guaranteed stream of income for a set period of time[…]

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The Basic Principles of Annuities in Canada

May 7, 2023 Phil Barker Retirement

An annuity is a financial tool which is designed to provide a steady stream of guaranteed income in exchange for[…]

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What Happens To A Life Annuity At Death In Canada?

April 21, 2023 Phil Barker Retirement

In Canada, a life annuity is a financial product that provides the annuitant a guaranteed stream of income for their[…]

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Do High Net Worth Canadians Purchase Annuities?

March 30, 2023 Phil Barker Retirement

High net worth individuals in Canada may purchase annuities for a variety of reasons which include the desire for a[…]

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Are Annuities Protected From The Stock Market?

March 27, 2023 Phil Barker Retirement

Life annuities are an investment product which provide a guarantee income stream for the life of the annuitant(s). In Canada,[…]

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Can I Buy An Annuity With a LIF?

March 13, 2023 Phil Barker Retirement

Yes, it is possible to use the funds from a life income fund to purchase an annuity in Canada. However,[…]

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What Is the Best Age To Buy an Annuity for Canadians?

March 12, 2023 Phil Barker Retirement

An annuity is a financial product that provides a guaranteed income stream for a set period of time or the[…]

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Top 10 Annuity Questions Answered

March 11, 2023 Phil Barker Retirement

Annuities are a popular investment vehicle in Canada that provides a guaranteed stream of income to retirees. With the aging[…]

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