Insured Annuity Strategy

Retired? Want to increase your income and still provide an estate to pass on to your heirs?

If you are retired, you may be depending upon non-registered investments to supplement your income from other sources. As you know, the income from non-registered investments is fully taxable on an annual basis.

Also, if you are a risk-adverse investor, it’s difficult to earn a higher rate of return for yourself without exposing your investments to further volatility. The challenge is low interest rates mean less income and less capital left for your heirs. The Insured Annuity Strategy is a potential solution to these issues.

Here’s how. Purchase a life annuity for higher after-tax income now due to preferential tax treatment and use life insurance to provide an estate equal to the original capital invested in the life annuity.