What annuities are An annuity is a financial product that provides you with a guaranteed regular income. Typically, it’s used during your retirement and sold by an annuity provider, like a life …

Once you purchase a Payout Annuity, your payments are locked in. You’ll never have to adjust it or make any investment decisions for it. RBC Payout Annuities can be purchased with funds …

How is your income guaranteed? Similar to a pension plan, an annuity can be thought of as pooling money from thousands of Canadians. The insurance company invests the money …

Is an annuity right for you? If you are nearing retirement or are already retired, an annuity can be a good option for additional income. You may want to bridge the gap until your government …