Joint Annuity Rates Age 80

Annuity Details

Annuity rates as of February 12, 2018

The monthly annuity incomes below are based on a male and female aged 80 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 80	Monthly Income $ Non-registered Funds Age 80
BMO Insurance	656.00	n/a
Canada Life	n/a	637.63
Desjardins Fin.	691.87	683.93
Empire Life	n/a	n/a
Equitable Life	n/a	n/a
Great-West Life	n/a	637.63
Manulife	622.95	n/a
RBC Insurance	673.97	646.05
Sun Life	684.27	590.81

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 80	Monthly Income $ Non-registered Funds Age 80
BMO Insurance	625.66	600.63
Canada Life	n/a	631.23
Desjardins Fin.	675.77	669.19
Empire Life	643.62	628.53
Equitable Life	639.63	612.86
Great-West Life	n/a	631.23
Manulife	589.61	557.41
RBC Insurance	642.07	634.21
Sun Life	657.41	646.87

20 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 80	Monthly Income $ Non-registered Funds Age 80
BMO Insurance	n/a	486.55
Canada Life	n/a	511.36
Desjardins Fin.	n/a	n/a
Empire Life	n/a	n/a
Equitable Life	n/a	n/a
Great-West Life	n/a	511.36
Manulife	n/a	400.64
RBC Insurance	n/a	n/a
Sun Life	n/a	531.64

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)