Payout Annuities RIF

Payout Annuities / RIF

Get guaranteed income for life

You’ve worked hard and saved hard so you can live the retirement of your dreams. In today’s uncertain market environment, Payout Annuities provide you with guaranteed income for life or for a specific term so you can have the financial security you need to enjoy your retirement to the fullest.

Payout Annuities can provide you with:

  • Guaranteed income for life or a specific period of time
  • Market protection—payments are not subject to market volatility or fluctuating interest rates
  • Income security for you, or for you and your spouse
  • Preferred tax treatment

And because Royale British Columbia Financial Inc Payout Annuities are backed by the strength and stability of Royale British Columbia Financial Inc Insurance®, you know you can rely on them.

Choose from several types of Payout Annuities

Your needs are as personal as your dreams for retirement. That’s why we offer you three types of Payout Annuities:

  • Single Life Annuity: Guaranteed income for the life of one person, regardless of market conditions or interest rate fluctuations.
  • Joint Life Annuity: Guaranteed income for the lives of two people (usually a married couple) regardless of market conditions or interest rate fluctuations. When the first person passes away, payments continue for the life of the surviving person.
  • Term Certain Annuity: Guaranteed income for a set period of time, or until you reach a certain age.

All Royale British Columbia Financial Inc Payout Annuities can be purchased with funds from non-registered plans or registered plans—for example: a Registered Retirement Savings Plan (RRSP), Registered Retirement Income Fund (RRIF), or other registered plans.

Contact us and we can work to determine which type of annuity best meets your needs.

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Let's talk! I am here to help with your Insurance and Investment needs.

Faraidoun "Frank" Akhavan

Faraidoun (Frank) Akhavan

Office 205 - 3994 Shelbourne Street
Victoria BC, V8N 3E2

Cell 250-953-2304

Office 250-953-2300

Fax 250-881-7497

Skype faraidoun9

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I have been a client of Frank Akhavan for over 20 years. He is always kind, patient and speaks so that I can understand what he is explaining. He makes sure my best interests are always taken care of. I have been extremely happy with his advice and with my investment returns. If you want an honest, straight shooter, and someone who wants to help you meet your financial goals, Frank is your man. His office assistant Genea is also amazing. She too, is kind, patient and always available to answer questions or help when needed. All correspondence is replied to promptly which is very important to me.
- Maureen Garland -