Joint Annuity Rates Age 60

Annuity Details

Annuity rates as of February 12, 2018

The monthly annuity incomes below are based on a male and 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	395.49	n/a
Canada Life	378.18	378.79
Desjardins Fin.	401.03	399.05
Empire Life	382.90	380.10
Equitable Life	n/a	n/a
Great-West Life	378.18	378.79
Manulife	367.48	n/a
RBC Insurance	381.75	379.62
Sun Life	380.58	376.30

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 60	Monthly Income $ Non-registered Funds Age 60
BMO Insurance	395.24	388.16
Canada Life	378.03	378.75
Desjardins Fin.	400.92	398.95
Empire Life	382.78	379.97
Equitable Life	400.35	392.20
Great-West Life	378.03	378.75
Manulife	354.15	349.35
RBC Insurance	384.07	379.95
Sun Life	380.44	378.81

20 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 60	Monthly Income $ Non-registered Funds Age 60
BMO Insurance	392.59	386.10
Canada Life	376.25	377.32
Desjardins Fin.	399.09	397.26
Empire Life	381.34	378.49
Equitable Life	397.87	389.76
Great-West Life	376.25	377.32
Manulife	326.64	321.79
RBC Insurance	382.28	378.55
Sun Life	378.93	377.84

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)