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Fred recelved part of his recently deceased mother's estate and purchased a deferred antuity within his RRSP. Now he wants his comporation, Fred iec., vo
Fred recelved part of his recently deceased mother's estate and purchased a deferred antuity within his RRSP. Now he wants his comporation, Fred iec., vo receive payrnents from this registered annuify. What advice should his agent provide? Fred can proceod with it, as having Freds incorporated busineus receive payments from Fred's reqistered annuty is a sound tax teduction mesturn Fred can proceed with it to ensure his incorporated businest has the necessary operating ossh flow. Fred cannot proceed with it because the annuity is a deferred annuity. it is not pecmitted for a deferred annuity grantee to be other than then polioyeider and wentiti Fred cannot proceed with it because the annuity is registered, it is not permitted for a registered ansuity grantee to be other than the policyholder arid annittain
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