Joint Annuity Rates Age 65

Annuity Details

Annuity rates as of February 12, 2018

The monthly annuity incomes below are based on a male and 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	Monthly Income $ Non-registered Funds Age 65
BMO Insurance	433.94	n/a
Canada Life	421.89	419.85
Desjardins Fin.	440.71	438.01
Empire Life	420.05	415.91
Equitable Life	n/a	n/a
Great-West Life	421.89	419.85
Manulife	399.62	n/a
RBC Insurance	421.31	417.57
Sun Life	439.57	430.76

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 65	Monthly Income $ Non-registered Funds Age 65
BMO Insurance	433.18	423.33
Canada Life	421.41	419.74
Desjardins Fin.	440.41	437.74
Empire Life	419.61	415.44
Equitable Life	443.73	430.48
Great-West Life	421.41	419.74
Manulife	372.94	361.60
RBC Insurance	424.88	419.01
Sun Life	439.08	436.52

20 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 65	Monthly Income $ Non-registered Funds Age 65
BMO Insurance	425.28	417.15
Canada Life	415.58	415.04
Desjardins Fin.	434.84	432.59
Empire Life	415.39	411.38
Equitable Life	436.27	423.16
Great-West Life	415.58	415.04
Manulife	343.71	339.17
RBC Insurance	421.40	416.64
Sun Life	433.77	432.25

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)