Planning for your retirement is one of the most important steps in an individual's life. That's because investing is an essential part of protecting yourself and the ones you love for years to come.
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So, what's the difference between a fixed annuity and a variable annuity? A fixed annuity pays out a fixed rate of income after a certain date—very simple. The payments from a variable annuity, on the other hand, will vary according to the performance of the underlying portfolio. If you're not sure which option will suit you best, our network of expert advisors in Beiseker is ready to help. We have more than 70 years of experience helping Canadians make sound investments through annuities, TFSAs, RRSPs, and more.
Whether it's a fixed annuity or a variable annuity in Beiseker, an annuity can become a vital income source following retirement, as they are essentially a contract made with a financial institution that provides you with a series of payments following retirement. Depending upon your needs, critical illness insurance coverage may provide lump sum benefit amounts which can range from $25, 000 to $2, 000, 000. Contact one of our Financial Advisors about annuity in Beiseker, to ask questions or for more detailed information about annuity in Beiseker.
Single Life Annuity, Joint and Last Survivor Life Annuity and Life Annuity with a Guarantee are the options available to investors in Beiseker. The Single Life Annuity is for individual investors without dependents; Last Survivor and the Joint Life Annuity are designed for couples; Life Annuity with a Guarantee option is for anyone.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Beiseker has a public annuity policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.