Joint Annuity Rates

Annuity rates > Joint > Registered: 15 year guarantee

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Registered Funds

Annuities: Joint life, 15 year guarantee
Financial Institution Age in Years
55 60 65 69 70 75 80
BMO Insurance 321.87 350.48 380.66 424.48 436.70 458.08 -
Canada Life 309.69 342.11 374.60 408.84 417.46 475.12 -
Desjardins Fin. Security 321.39 351.05 390.55 431.61 443.36 500.63 -
Empire Life 290.84 318.33 354.72 392.51 403.35 466.19 -
Equitable Life 322.79 350.86 385.24 423.91 434.83 478.32 -
RBC Life Insurance 320.40 350.76 387.71 426.46 438.12 495.52 -
Sun Life Assurance Co 295.42 330.41 385.48 423.75 437.24 490.99 -
Monthly incomes based on a premium of $100,000 of registered funds. Payments will commence in one month.

Annuities are investments that pay an income on a periodic (monthly, quarterly, semi-annual or annual) basis. Annuities can be purchased with registered funds from individual RRSPs, locked-in RRSPs, pension plans or deferred profit sharing plans (DPSP). Annuities can also be purchased with non-registered funds. There are generally two types of annuities. Term certain annuities pay a periodic income for a specific predetermined period of time or number of payments. Life annuities pay a periodic income for as long as the annuitant or joint annuitants live.

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