When you purchase an annuity, you choose to invest the money you have accumulated, whether registered or not, so that it can be paid to you in the form of pre-established amounts for a specified term or until you death.

To learn more about annuities:
 

• Introduction
  Find out about the main features of annuities. 

• Annuity categories
  There are various types of annuities: annuity certain, life annuity or impaired risk life annuity. To find out more, visit this section. 

• Options offered under an annuity
  Options to ensure that your annuity, at the time of your retirement, will genuinely meet your needs. 

• Criteria for establishing an annuity
  Find out what criteria are used to determine the amount of the annuity you will receive. 

• Financial and legal aspects of annuities
  This section describes a number of financial and legal aspects concerning annuities. You'll learn, for example, what the difference is between a registered and a non-registered annuity, how income from prescribed and non-prescribed annuities is taxed and whether or not payments made under annuities are seizable.
   

You can make a donation through a charitable gift annuity and take advantage of tax benefits.