Comparing Life Annuities to Other Retirement Income Streams
As individuals approach their retirement years, ensuring a stable and consistent income becomes a paramount concern. With the variety of[…]
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Tag: tax
What Is the Best Age To Buy an Annuity for Canadians?
An annuity is a financial product that provides a guaranteed income stream for a set period of time or the[…]
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The Insured RRIF Plan
Your Concern: You have sizable amount built up in your Registered Retirement Savings Plan (RRSP) or your Registered Retirement Income[…]
Read moreCountdown to January 1, 2017 – When Prescribed Annuities Tax Changes Take Effect
[COUNTDOWN id=”1439″] To beat the clock if you want to avoid the 2017 tax rule changes for prescribed non-registered annuity[…]
Read moreAnnuity Deadline Approaching for Registered & Non-Registered Annuities
We are fast approaching a deadline for any annuity business you want to do this year. While the official cutoff[…]
Read moreMy comments on “Buying a prescribed annuity?” by Rob Carrick of the Globe and Mail
Rob Carrick has written another helpful article on prescribed annuities, this time specifically on non-registered annuities. Yes, it’s come time[…]
Read moreInheritance Annuity Payments for a Beneficiary
If you have a parent or older relative for whom you are financially responsible in one way or another, here[…]
Read moreAnnuity Tax Schedule
From time to time, we are asked to explain how annuity taxation works and, in particular, how annuity taxation works[…]
Read moreAnnuity Taxation
Taxation on annuities can be described as follows: Registered Annuities: – The annuity payment is fully taxable Non-registered Annuities: –[…]
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