Prescribed Annuities
Income for Life
Pay Less Tax

Annuity Form

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Primary Annuitant

[?] Single Life annuity payments are made on one life for the rest of your life.
[?] Joint Life annuity is an annuity with income calculated based on two lives. When the primary annuitant dies the payments continue to surviving annuitant. Since there are two lives to consider, the payment is lower compared to a single life annuity.
[?] Term Certain is an annuity with income payable for a fixed period of time that you select. The term can range from 6 months to 30 years. Note: for an RRSP minimum term is 25 years. Not available for a RPP.

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