Annuities: Single life female, no guarantee | |||||||
---|---|---|---|---|---|---|---|
Financial Institution | Age in Years | ||||||
55 | 60 | 65 | 69 | 70 | 75 | 80 | |
BMO Insurance | 481.41 | 515.14 | 562.09 | 612.23 | 627.91 | 685.15 | 835.90 |
Canada Life | 457.45 | 488.52 | 531.50 | 580.83 | 592.62 | 681.25 | 819.05 |
Desjardins Fin. Security | 482.03 | 516.04 | 562.69 | 613.25 | 628.27 | 720.51 | 847.19 |
Empire Life | 449.89 | 482.63 | 528.21 | 578.24 | 593.21 | 688.47 | - |
Manulife Investments | 468.48 | 509.07 | 557.48 | 600.84 | 619.22 | 712.07 | 853.68 |
RBC Life Insurance | 441.19 | 475.14 | 521.80 | 572.46 | 587.64 | 685.84 | 842.99 |
Sun Life Assurance Co | 465.35 | 501.64 | 549.65 | 602.92 | 619.07 | - | - |
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 April 24, 2024 at 00:06:19 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. |