View The Annuity Taxation Calculation

Annuity Taxation Table

Disclaimer: The annuity taxation table is for illustration purposes only. All tax estimates assume a fixed marginal tax rate of 50% for demonstration purposes. Actual tax payable may vary depending on your total income, province of residence and tax situation. Please consult your tax advisor about your individual circumstances or request a personalized quote for accurate results.

Registered annuities (RRSP/RRIF) are fully taxable.

Non-registered Prescribed annuities are partially taxed. Only interest is taxable.

Example of Canadian annuity taxation table
Age Gender Premium Fund Type Gross Income
Mo | Yr		 Taxable Portion
Mo | Yr		 Tax (50%)
Mo | Yr		 After-Tax Income
Mo | Yr		 PDF
55 Male $100,000 Non-Registered $435.74 | $5229.00 $136.84 | $1642.00 $68.42 | $821.00 $367.32 | $4409.00
55 Male $100,000 Registered $443.97 | $5328.00 $443.97 | $5328.00 $221.99 | $2664.00 $221.99 | $2664.00
55 Female $100,000 Non-Registered $418.51 | $5022.00 $150.19 | $1802.00 $75.10 | $901.00 $343.41 | $4121.00
55 Female $100,000 Registered $423.36 | $5080.00 $423.36 | $5080.00 $211.68 | $2540.00 $211.68 | $2540.00
60 Male $100,000 Non-Registered $471.29 | $5655.00 $118.71 | $1425.00 $59.36 | $712.50 $411.93 | $4942.50
60 Male $100,000 Registered $482.66 | $5792.00 $428.66 | $5792.00 $241.33 | $2896.00 $241.33 | $2896.00
60 Female $100,000 Non-Registered $451.84 | $5422.00 $137.75 | $1653.00 $68.88 | $826.50 $382.96 | $4595.50
60 Female $100,000 Registered $458.26 | $5499.00 $458.26 | $5499.00 $229.13 | $2749.50 $229.13 | $2749.50
65 Male $100,000 Non-Registered $520.86 | $6250.00 $94.51 | $1134.00 $47.26 | $567.00 $473.60 | $5683.00
65 Male $100,000 Registered $534.47 | $6414.00 $534.47 | $6414.00 $267.24 | $3207.00 $267.24 | $3207.00
65 Female $100,000 Non-Registered $494.39 | $5933.00 $118.46 | $1422.00 $59.23 | $711.00 $435.16 | $5222.00
65 Female $100,000 Registered $504.56 | $6055.00 $504.56 | $6055.00 $252.28 | $3027.50 $252.28 | $3027.50
70 Male $100,000 Non-Registered $591.12 | $7093.00 $62.22 | $747.00 $31.11 | $373.50 $560.01 | $6719.50
70 Male $100,000 Registered $610.83 | $7330.00 $610.83 | $7330.00 $305.42 | $3665.00 $305.42 | $3665.00
70 Female $100,000 Non-Registered $555.29 | $6663.00 $92.88 | $1115.00 $46.44 | $557.50 $508.85 | $6105.50
70 Female $100,000 Registered $567.87 | $6814.00 $567.87 | $6814.00 $283.94 | $3407.00 $283.94 | $3407.00
75 Male $100,000 Non-Registered $700.44 | $8405.00 $29.19 | $350.00 $14.60 | $175.00 $685.84 | $8230.00
75 Male $100,000 Registered $728.80 | $8746.00 $728.80 | $8746.00 $364.40 | $4373.00 $364.40 | $4373.00
75 Female $100,000 Non-Registered $645.60 | $7747.00 $56.27 | $675.00 $28.14 | $337.50 $617.47 | $7409.50
75 Female $100,000 Registered $663.41 | $7961.00 $663.41 | $7961.00 $331.70 | $3980.50 $331.70 | $3980.50
80 Male $100,000 Non-Registered $878.11 | $10537.00 $5.11 | $61.00 $2.56 | $30.50 $875.55 | $10506.50
80 Male $100,000 Registered $916.68 | $11000.00 $916.68 | $11000.00 $458.34 | $5500.00 $458.35 | $5500.00
80 Female $100,000 Non-Registered $794.36 | $9532.00 $15.75 | $189.00 $7.88 | $94.50 $786.50 | $9437.50
80 Female $100,000 Registered $816.27 | $9795.00 $816.27 | $9795.00 $408.13 | $4897.50 $408.13 | $4897.50
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