|Annuities: Single life male, 10 year guarantee|
|Financial Institution||Age in Years|
|Desjardins Fin. Security||373.56||414.37||468.49||524.46||540.47||620.77||723.32|
|RBC Life Insurance||363.92||412.67||467.96||526.75||543.78||619.17||722.98|
|Sun Life Assurance Co||346.05||394.28||465.25||523.75||540.63||616.38||703.42|
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 23, 2021 at 00:07:45 ET.
This information is current as of the date and time posted and is subject to change without notice.
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