Female Annuity Rates Age 60

Annuity Details

Annuity rates as of February 12, 2018

The monthly annuity incomes below are based on a female aged 60 with a deposit of $100,000.00. Annuity payments will commence in one month.

For personal annuity rates please use our Annuity Quote Form.

No Guarantee Period

Insurance Company	Monthly Income $ Registered Funds Age 60	Monthly Income $ Non-registered Funds Age 60
BMO Insurance	438.11	n/a
Canada Life	419.55	412.62
Desjardins Fin.	438.44	436.54
Empire Life	417.89	413.85
Equitable Life	n/a	n/a
Great-West Life	419.55	412.62
Manulife	421.68	n/a
RBC Insurance	418.83	419.06
Sun Life	423.14	417.82

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 60	Monthly Income $ Non-registered Funds Age 60
BMO Insurance	433.29	424.79
Canada Life	415.85	411.94
Desjardins Fin.	435.29	433.51
Empire Life	415.01	411.28
Equitable Life	439.17	431.48
Great-West Life	415.85	411.94
Manulife	417.14	403.32
RBC Insurance	423.79	420.59
Sun Life	419.26	417.34

20 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 60	Monthly Income $ Non-registered Funds Age 60
BMO Insurance	418.06	411.64
Canada Life	403.45	400.39
Desjardins Fin.	421.86	420.51
Empire Life	404.86	401.94
Equitable Life	423.89	416.41
Great-West Life	403.45	400.39
Manulife	404.59	393.81
RBC Insurance	411.37	409.07
Sun Life	406.87	405.80

About the guarantee period:

• A life annuity with a no guarantee period is payable for the annuitants lifetime and stops upon death.
• A life annuity with a guarantee period option is payable for the annuitant's lifetime or for the guarantee period, whichever is longer. If the annuitant dies before the completion of the guaranteed annuity payments, payment may continue to the beneficiaries or the current value of the remaining guaranteed payments will be paid to the appointed beneficiary.

TIP: Annuities can be purchased with either:

• Registered Funds (RRSP, RRIF, RPP, LIRA, LIF/LRIF, etc.)
• Non-Registered Funds (Savings Accounts, GIC, TFSA, etc)