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Canada Thursday, May 25, 2017

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male annuity rates Male Annuity Rates

 

Registered & Non-Registered Funds

Male Aged 55

Male Aged 60

Male Aged 65

Male Aged 70

Male Aged 75

Male Aged 80

 


Registered Funds - include RRSP, RRIF, LIRA, RPP, etc.
 
Non-Registered Funds - include Savings Accounts, GIC, TFSA, etc

 

 

Guarantee Option

 

A joint life annuity with no guarantee provides guaranteed income payments as long as you and your spouse live, but the payments stop at the second death.

 

A joint life annuity with a guaranteed period provides guaranteed income payments for as long as both annuitants live. For non-registered funds payments can continue to the beneficary until the guarantee period ends. For registered funds any remaining guaranteed payments after the second death are assessed a present-day value and taxed then distrubuted to the beneficiaries.

 

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The Hughes Trustco Group | Website: LifeAnnuities.com | Email: info@trustco.ca | Toll Free: 877-842-3863
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