Joint Annuity Rates Age 75

Annuity Details

Annuity rates as of August 2024

The monthly annuity incomes below are based on a male and female aged 75 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 75
BMO Insurance	561.60
Canada Life	582.52
Desjardins Fin.	612.78
Empire Life	577.20
Equitable Life	n/a
Manulife	620.23
RBC Insurance	579.27
Sun Life	584.40

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 75
BMO Insurance	573.09
Canada Life	578.89
Desjardins Fin.	609.28
Empire Life	573.55
Equitable Life	583.50
Manulife	589.95
RBC Insurance	598.14
Sun Life	577.95

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)