{"id":8,"date":"2009-12-21T14:29:33","date_gmt":"2009-12-21T19:29:33","guid":{"rendered":"http:\/\/www.lifeannuities.com\/blog\/?p=8"},"modified":"2009-12-21T14:29:33","modified_gmt":"2009-12-21T19:29:33","slug":"how-does-a-life-annuity-work","status":"publish","type":"post","link":"https:\/\/lifeannuities.com\/blog\/retirement\/how-does-a-life-annuity-work","title":{"rendered":"How Does A Life Annuity Work?"},"content":{"rendered":"<p>If you are nearing retirement, you probably have some money set aside in GIC&#8217;s segregated funds, mutual funds or RRSP&#8217;s. A single life immediate life annuity allows you to convert your retirement funds into a stream of guaranteed life annuity payments. You receive a cheque usually on a monthly or annual basis, guaranteed for the rest of your life and your spouse, if applicable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are nearing retirement, you probably have some money set aside in GIC&#8217;s segregated funds, mutual funds or RRSP&#8217;s.[&#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":[],"tags":[114],"class_list":["post-8","post","type-post","status-publish","format-standard","hentry","tag-insurance"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/8","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=8"}],"version-history":[{"count":0,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/8\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=8"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=8"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}