| Annuities: Single life female, no guarantee | |||||||
|---|---|---|---|---|---|---|---|
| Financial Institution | Age in Years | ||||||
| 55 | 60 | 65 | 69 | 70 | 75 | 80 | |
| BMO Insurance | 478.42 | 506.96 | 551.80 | 596.25 | 610.52 | 668.70 | 819.20 |
| Canada Life | 438.51 | 467.40 | 507.74 | 554.55 | 565.28 | 650.15 | 782.72 |
| Desjardins Fin. Security | 450.84 | 485.28 | 532.29 | 583.07 | 598.14 | 685.35 | 812.96 |
| Empire Life | 420.83 | 453.55 | 498.93 | 548.64 | 563.50 | 658.09 | - |
| Manulife Investments | 475.03 | 503.19 | 549.05 | 590.64 | 609.02 | 702.75 | 845.53 |
| RBC Life Insurance | 428.42 | 462.62 | 508.24 | 556.95 | 571.57 | 667.24 | 820.36 |
| Sun Life Assurance Co | 439.46 | 473.65 | 518.21 | 567.67 | 582.78 | 678.03 | 830.70 |
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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. |
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Prepared by CANNEX on June 27, 2025 at 06:00:23 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2025 CANNEX Financial Exchanges Limited. All rights reserved. |