Male Annuity Rates Age 75
Annuity Details
Annuity rates as of
The monthly annuity incomes below are based on a male 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 |
Monthly Income $ Non-registered Funds Age 75 |
---|---|---|
BMO Insurance | 731.24 | n/a |
Canada Life | n/a | 655.26 |
Desjardins Fin. | 729.31 | 717.71 |
Empire Life | 703.98 | 680.49 |
Equitable Life | n/a | n/a |
Great-West Life | n/a | 655.26 |
Manulife | 703.98 | n/a |
RBC Insurance | 747.44 | 708.38 |
Sun Life | 754.27 | 690.77 |
10 Year Guarantee
Insurance Company | Monthly Income $ Registered Funds Age 75 |
Monthly Income $ Non-registered Funds Age 75 |
---|---|---|
BMO Insurance | 642.16 | 619.80 |
Canada Life | n/a | 643.84 |
Desjardins Fin. | 676.37 | 668.59 |
Empire Life | 647.90 | 631.38 |
Equitable Life | 673.96 | 627.25 |
Great-West Life | n/a | 643.84 |
Manulife | 626.86 | 575.08 |
RBC Insurance | 672.46 | 662.25 |
Sun Life | 679.68 | 672.50 |
20 Year Guarantee
Insurance Company | Monthly Income $ Registered Funds Age 75 |
Monthly Income $ Non-registered Funds Age 75 |
---|---|---|
BMO Insurance | n/a | 480.26 |
Canada Life | n/a | 510.65 |
Desjardins Fin. | n/a | 523.94 |
Empire Life | n/a | n/a |
Equitable Life | n/a | n/a |
Great-West Life | n/a | 510.65 |
Manulife | n/a | 480.57 |
RBC Insurance | n/a | n/a |
Sun Life | n/a | 538.05 |
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)