How To Take A Retirement Income From Your Corporation Using A Corporate Annuity

If you’re the owner of a Canadian-controlled private corporation and have reached retirement age, this could be the time to use some of your corporate savings for a retirement income. If your corporation has built up significant retained earnings over the years and most of your investment capital is tied up in the company, ask yourself: Should I start using some of my business assets as retirement income, or wait and leave the money inside the corporation? Deciding when to retire...