Female Annuity Rates Age 65

Annuity Details

Annuity rates as of August 2024

The monthly annuity incomes below are based on a female aged 65 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 65
BMO Insurance	541.57
Canada Life	507.12
Desjardins Fin.	535.83
Empire Life	504.20
Equitable Life	n/a
Manulife	532.87
RBC Insurance	502.06
Sun Life	512.76

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 65
BMO Insurance	543.10
Canada Life	501.30
Desjardins Fin.	529.17
Empire Life	497.82
Equitable Life	534.84
Manulife	523.05
RBC Insurance	542.99
Sun Life	503.39

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)