Annuities: Single life male, 10 year guarantee | |||||||
---|---|---|---|---|---|---|---|
Financial Institution | Age in Years | ||||||
55 | 60 | 65 | 69 | 70 | 75 | 80 | |
BMO Insurance | 492.69 | 532.07 | 585.89 | 634.09 | 647.53 | 702.45 | 789.83 |
Canada Life | 467.24 | 503.36 | 553.27 | 608.77 | 621.68 | 712.81 | 819.13 |
Desjardins Fin. Security | 490.31 | 527.36 | 577.45 | 629.88 | 644.93 | 729.20 | 826.55 |
Empire Life | 464.00 | 501.62 | 550.27 | 598.75 | 612.52 | 693.06 | 795.19 |
Equitable | 493.17 | 539.34 | 587.91 | 636.43 | 649.92 | 717.09 | 795.43 |
Manulife Investments | 473.73 | 513.62 | 561.49 | 612.65 | 630.30 | 719.08 | 800.23 |
RBC Life Insurance | 453.70 | 527.47 | 586.37 | 634.87 | 648.79 | 700.41 | 808.95 |
Sun Life Assurance Co | 470.90 | 506.50 | 554.43 | 608.01 | 623.22 | 711.87 | 808.34 |
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 March 28, 2024 at 00:06:24 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2024 CANNEX Financial Exchanges Limited. All rights reserved. |