retirement income

Insured Annuities

Annuities are one of the simplest investment vehicles one could acquire.

Simply put, when you establish an annuity, you are purchasing a lifetime income. Examples of annuities are, Canada Pension Plan, Old Age Security, or your retirement pension from your former place of employment.

Proposed Changes to the Canada Pension Plan

Posted on 07-01-2009

On May 25, 2009 Finance Canada announced some proposed changes to how Canada Pension Plan will work.

If approved, the changes will take effect over a period of time from
2011 to 2016, so they will affect anyone planning to retire after 2010.

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