BMO Nesbitt Burns
1959, 152 Street
White Rock, BC
Insured Annuity Strategy
Retired? Want to increase your income and still provide an estate to pass on to your heirs?
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.
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.