Payout annuity ADVISOR GUIDE - Sun Life Financial
be a non-registered prescribed annuity or a non-prescribed (accrual) annuity and the annuity income will be taxable. Deferral periods. Maximum 10 years, subject to restrictions based on the source of premium. For annuities with non-registered accrual taxation, deferral periods of greater than 10 years and less than 15 years can be requested ... ................
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