Reach your retirement goals with Canvas.
Simple Annuities. Designed for Real People.
CANVAS Future Fund
CANVAS Forever Fund
Drawing a blank on retirement? Draft a plan with our visual guide.
The Advantages with Canvas
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SET UP GUARANTEED RETIREMENT INCOME IN 3 EASY STEPS.
Most people can complete the application online in less than 10 minutes when funding using a checking account.
You can apply for the Future Fund starting with $2,500 or apply for the Forever Fund starting with $10,000.
Before you get started, have your SSN and bank account numbers ready. If you are funding using a rollover or transfer, you will need to have your existing account information on hand.
Strategizing savings for retirement will vary from person to person. Still, a good general rule to follow when planning for retirement is to budget 10% to 15% of your pre-tax annual income to save. Considering factors like your income level, current spending habits, lifestyle, and how long you might live could make this annual percentage of how much to save for retirement higher or lower.
An annuity can be a useful financial tool for retirement because of its predictability. Our products can give either competitive interest rates or a guaranteed revenue stream. When you put money into a Canvas Future Fund, your money grows tax-deferred, with a guaranteed interest rate but without the market risk. Our Forever Fund will convert your money into guaranteed income payments for life or a set period, ensuring steady cash flow in retirement. Both products are geared towards offering you financial peace of mind in your retirement years!
Annuities are safe options for your retirement savings. They can grow tax-deferred, offer guaranteed minimum crediting rates, or provide a guaranteed retirement income. With that said, annuities are long-term investments; it can be expensive to withdraw your money during your surrender charge period, and steep fees may apply.
For more information, check out these articles:
Tax Deferred Annuities - The Pros and Cons
An annuity is the only product that can guarantee a paycheck for life. Converting your annuity into a steady stream of income payments is called annuitization. When you annuitize, you are essentially cashing out your annuity by converting it into periodic payments. If the owner elects to annuitize a Canvas annuity, payments will be made to the annuitant.
Canvas Learning Center
Planning for Your Ideal Retirement Lifestyle
Retirement Income Strategies: Turning Savings into Lifelong Income
