|Annuities: Single life male, no guarantee|
|Financial Institution||Age in Years|
|Desjardins Fin. Security||409.72||451.75||509.20||572.13||590.94||699.21||847.48|
|RBC Life Insurance||384.92||422.13||475.00||536.02||554.44||677.78||876.94|
|Sun Life Assurance Co||386.75||429.67||493.19||557.59||576.84||707.36||890.56|
Monthly incomes based on a premium of $100,000 of registered funds. Payments will commence in one month.
Annuities are investments that pay an income on a periodic (monthly, quarterly, semi-annual or annual) basis. Annuities can be purchased with registered funds from individual RRSPs, locked-in RRSPs, pension plans or deferred profit sharing plans (DPSP). Annuities can also be purchased with non-registered funds. There are generally two types of annuities. Term certain annuities pay a periodic income for a specific predetermined period of time or number of payments. Life annuities pay a periodic income for as long as the annuitant or joint annuitants live.
Prepared by CANNEX on January 22, 2022 at 00:04:54 ET.
This information is current as of the date and time posted and is subject to change without notice.
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