Male Annuity Rates Age 80

Annuity Details

Annuity rates as of August 2024

The monthly annuity incomes below are based on a male 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
BMO Insurance	931.34
Canada Life	956.23
Desjardins Fin.	904.92
Empire Life	n/a
Equitable Life	n/a
Manulife	958.32
RBC Insurance	927.10
Sun Life	948.40

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 80
BMO Insurance	773.27
Canada Life	803.31
Desjardins Fin.	808.25
Empire Life	778.50
Equitable Life	778.63
Manulife	786.27
RBC Insurance	799.11
Sun Life	785.37

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)