Male Annuity Rates Age 65

Annuity Details

Annuity rates as of August 2024

The monthly annuity incomes below are based on a male 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
BMO Insurance	578.11
Canada Life	556.30
Desjardins Fin.	569.90
Empire Life	547.12
Equitable Life	n/a
Manulife	573.34
RBC Insurance	539.13
Sun Life	546.69

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 65
BMO Insurance	573.80
Canada Life	543.61
Desjardins Fin.	559.07
Empire Life	532.08
Equitable Life	575.48
Manulife	556.63
RBC Insurance	574.09
Sun Life	533.54

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)