Joint Annuity Rates Age 80

Annuity Details

Annuity rates as of February 2019

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	652.65	n/a
Canada Life	661.52	644.40
Desjardins Fin.	n/a	n/a
Empire Life	n/a	n/a
Equitable Life	n/a	n/a
Great-West Life	661.52	644.40
Manulife	n/a	n/a
RBC Insurance	679.45	649.68
Sun Life	673.44	577.83

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 80	Monthly Income $ Non-registered Funds Age 80
BMO Insurance	622.44	597.39
Canada Life	641.95	639.04
Desjardins Fin.	n/a	n/a
Empire Life	647.48	632.55
Equitable Life	638.54	606.55
Great-West Life	641.95	639.04
Manulife	n/a	n/a
RBC Insurance	666.01	654.93
Sun Life	645.26	634.58

20 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 80	Monthly Income $ Non-registered Funds Age 80
BMO Insurance	n/a	483.39
Canada Life	n/a	515.93
Desjardins Fin.	n/a	n/a
Empire Life	n/a	n/a
Equitable Life	n/a	n/a
Great-West Life	n/a	515.93
Manulife	n/a	n/a
RBC Insurance	n/a	n/a
Sun Life	n/a	515.45

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)