{"id":69,"date":"2010-10-05T13:09:30","date_gmt":"2010-10-05T18:09:30","guid":{"rendered":"http:\/\/www.lifeannuities.com\/blog\/?p=69"},"modified":"2010-10-05T13:09:30","modified_gmt":"2010-10-05T18:09:30","slug":"life-annuities-for-us-and-canada","status":"publish","type":"post","link":"https:\/\/lifeannuities.com\/blog\/retirement\/life-annuities-for-us-and-canada","title":{"rendered":"Life annuities for US and Canada"},"content":{"rendered":"<div><span style=\"font-size: medium;\">Life annuities in the US and Canada often carry  different names but the intent of the buyers is the same; guaranteed monthly  income for life.<\/span><\/div>\n<div><a href=\"http:\/\/www.lifeannuities.com\/_images\/tellmemore_130x86.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-70\" title=\"tellmemore_130x86\" src=\"http:\/\/www.lifeannuities.com\/blog\/wp-content\/uploads\/2010\/10\/tellmemore_130x86.jpg\" alt=\"tellmemore_130x86\" width=\"130\" height=\"86\" \/><\/a><\/div>\n<div><\/div>\n<div><span style=\"font-size: medium;\">If you buy a life annuity in Canada, that is  exactly what it is called, a life annuity. It can be with or without a guarantee  of a certain number of years, but in any event it\u00a0is still called a life  annuity.<\/span><\/div>\n<div><\/div>\n<div><\/div>\n<div><span style=\"font-size: medium;\">In the US you will find, the same term but more  often you will read the phrases, immediate annuities, fixed term annuities,  fixed life annuities and similar terms!<\/span><\/div>\n<div><\/div>\n<div><span style=\"font-size: medium;\">If your principal is invested for a limited time  and the income varies, you do not have a life annuity.\u00a0This is where the problem  arises as many of these life annuities are in fact &#8220;temporary&#8221; life annuities.  And they are temporary because they do not give you a guaranteed income for  life. Rather your money is invested for a certain term and perhaps your income  is fixed for that term. But that is not a life annuity with which you know\u00a0your  income\u00a0for life.<\/span><\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Life annuities in the US and Canada often carry different names but the intent of the buyers is the same;[&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-69","post","type-post","status-publish","format-standard","hentry","category-retirement"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/69","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/comments?post=69"}],"version-history":[{"count":1,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/69\/revisions"}],"predecessor-version":[{"id":71,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/69\/revisions\/71"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=69"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=69"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=69"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}