Joint Annuity Rates Age 55

Annuity Details

Annuity rates as of

The monthly annuity incomes below are based on a male and female aged 55 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 55
Monthly Income $
Non-registered Funds
Age 55
bmo insuranceBMO Insurance 362.49 n/a
canada life insurance Canada Life 343.93 337.14
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 364.35 362.42
equitable life insuranceEquitable Life n.a n/a
great-west life insuranceGreat-West Life 343.93 337.14
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 352.49 347.12
Sun Life FinancialSun Life 325.15 322.76

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
bmo insuranceBMO Insurance 362.41 357.21
canada life insurance Canada Life 343.89 337.13
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 364.31 362.39
equitable life insuranceEquitable Life 367.34 350.19
great-west life insuranceGreat-West Life 343.89 337.13
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 354.26 348.79
Sun Life FinancialSun Life 325.11 324.03

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
bmo insuranceBMO Insurance 361.49 356.50
canada life insurance Canada Life 343.39 336.63
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 363.84 361.89
equitable life insuranceEquitable Life 366.50 349.39
great-west life insuranceGreat-West Life 343.39 336.63
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 348.28 353.37
Sun Life FinancialSun Life 324.64 323.88
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)

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