Joint Annuity Rates

Annuity rates > Joint > Registered: 25 year guarantee

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Registered Funds

Annuities: Joint life, 25 year guarantee
Financial Institution Age in Years
55 60 65 69 70 75 80
BMO Insurance 319.94 344.93 365.14 - - - -
Canada Life 308.53 338.71 363.90 - - - -
Desjardins Fin. Security 319.95 346.83 377.28 - - - -
Empire Life 289.96 315.68 346.19 - - - -
Equitable Life 321.04 345.80 370.99 - - - -
RBC Life Insurance 318.21 344.22 372.56 - - - -
Sun Life Assurance Co 294.36 326.85 373.19 - - - -
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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