Looks like you’re using an older version of Internet Explorer. To use Canada Life.com, please update your browser.
© Canada Life 2009 - 2017
Savour the fruits of your labour.
Retirement – the new beginning you planned and saved for. Now is the time to determine which Canada Life retirement income options will best serve your needs as you enjoy your golden years.
At retirement there are a number of income options you can consider, determined in part by the retirement plan you had while you were working.
Find out more about the features of a registered retirement income fund.
Locked-in retirement income funds pay out the accumulated value of locked-in RSPs, LIRAs or RPPs.
Life income funds (LIFs) are tax-deferred plans that pay out your registered pension plan, locked-in RRSP or locked-in retirement account assets over a number of years.
An annuity is the simplest retirement income option. In exchange for a sum of money, an annuity from Canada Life provides you with a stream of payments.