Annuity Quote of the Day
Date: August 23, 2016
Company: Canada Life Insurance
Details: Single, male 75, $150,000
Today's Annuity Fact
Annuity Fact # 81
You can buy your life annuity now and start the income payments later.
Canadian MoneySaver Magazine
Contributing Author: Ivon T Hughes
PRESCRIBED ANNUITIES, TAX CHANGES, AND THE
BENEFITS OF ANNUITIZING BEFORE JANUARY 1, 2017
The new changes from the Government of Canada to prescribed annuity taxation will provide a compelling reason for seniors to contemplate annuitizing their non-registered funds before January 1, 2017. Read more.