Annuities: Single life female, 10 year guarantee | |||||||
---|---|---|---|---|---|---|---|
Financial Institution | Age in Years | ||||||
55 | 60 | 65 | 69 | 70 | 75 | 80 | |
BMO Insurance | 481.08 | 513.07 | 556.46 | 603.47 | 617.14 | 658.77 | 755.02 |
Canada Life | 455.74 | 485.32 | 525.35 | 570.13 | 580.36 | 654.90 | 752.88 |
Desjardins Fin. Security | 480.06 | 512.38 | 555.58 | 600.81 | 613.95 | 689.90 | 787.46 |
Empire Life | 448.26 | 479.36 | 521.40 | 565.86 | 578.86 | 657.29 | 758.63 |
Equitable | 481.81 | 513.92 | 558.10 | 604.58 | 617.91 | 691.69 | 775.54 |
Manulife Investments | 468.62 | 503.95 | 547.82 | 586.93 | 601.85 | 671.45 | 753.92 |
RBC Life Insurance | 443.51 | 512.47 | 556.47 | 604.10 | 617.92 | 659.58 | 764.25 |
Sun Life Assurance Co | 464.28 | 498.09 | 541.02 | 586.66 | 599.87 | - | - |
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 25, 2024 at 06:00:23 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. |