— Ivon T Hughes (@LifeAnnuities) April 5, 2016
Here is the RRIF Withdraw Table for 2013.
To read the full article click >> RRIF Withdrawal Schedule Table 2013
Below are the best annuity rate comparison tables which we prepared on November 2, 2012.
The annuity rates shown below are from registered funds. All annuity rates provided are immediate life annuities. We compare annuity rates for males and females. A joint comparison is also available for your spouse. All the annuity rates are based on monthly incomes with a premium of $100,000 of registered funds. The income payments will commence in one month.
Click here to view the full Annuity Rates Comparison Table 2012 article.
An annuity due is almost identical to a regular annuity. When you buy an annuity due contract, you make a deposit with an annuity company. In exchange for your investment, the annuity company agrees to give you monthly payments in the future. The main feature of an annuity due is the timing of its payments. A regular annuity makes its payments at the end of a period. If you have a regular, monthly annuity, you get your payment at the end of the month. An annuity due makes its payments at the beginning of the period. As a result, you receive your payment on the first day of each month.
The tables below show a premium amount of $100,000 registered funds with a purchase date June 1, 2012 & Start date June 1, 2012. Monthly income are listed below by age group.
This is an example of an annuity due quote from a list of Canadian insurance companies.
Today’s Annuity Rates: 24-April-2012
The following annuity rates comparison tables are for registered funds, with a premium amount of $100,000 and with a “no guarantee” period.
Comparison Table: Single Male Annuity Rates
Comparison Table: Single Female Annuity Rates
Comparison Table: Joint Annuity Rates
Canadian Annuity Quotes
To obtain your own personal Canadian annuity quote please use the instant annuity calculator on our site.
We represent the following list of life insurance companies in Canada that sell life annuities. To request an annuity price choose from one of the list of companies below.
Annuity Table below is for a joint life annuity.
Joint Life Annuity Details:
The tables below show a premium amount of $100,000 registered funds with a purchase date May 1, 2012 & Start date June 1, 2012. Monthly income are listed below by age group.
Visit our 2012 Annuity Table for further information.
Canadian Joint Life Annuity Table as of April 17, 2012.
RRIF Minimum Payment
The Canadian government specifies a minimum amount you have to withdraw from your RRIF each year to provide an increasing income until you reach age 94 when it levels out at 20% of your plan value. The reference guide below shows the minimum payment for RRIFs issued after 1993.
You can also base the minimum RRIF payment on your spouse if your spouse is younger. This will result in lower payments than if you used your own age and more money being left in your plan to accumulate tax-sheltered.
|Age||RRIF Minimum Payment|
(* if RRIF was established before 1993)