Savings Rates | Annuity: Joint life, 20 Year Guarantee (Non-Registered)

Sorted by: Financial Institution in descending order (Click on a column heading to sort up or down)
Financial Institution Age in Years
55 60 65 69 70 75 80
Sun Life Assurance Co 315.13 354.01 411.15 445.56 457.12 489.93 515.95
RBC Life Insurance 332.27 359.97 395.74 429.05 437.51 0.00 0.00
Manulife Investments 306.44 321.79 339.17 355.24 364.48 387.35 400.64
Great-West Life 314.38 355.10 396.68 423.57 432.25 461.41 477.17
Equitable Life 334.05 363.70 394.60 425.13 433.63 0.00 0.00
Empire Life 335.34 362.93 398.13 431.74 440.62 0.00 0.00
Desjardins Fin. Security 311.92 342.79 380.42 413.46 421.66 441.96 0.00
Canada Life 314.38 355.10 396.68 423.57 432.25 461.41 477.17
BMO Insurance 344.80 369.99 401.93 432.07 440.00 453.82 481.60

Monthly income based on a premium of $100,000.00 of 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.

Prepared by Cannex on July 27, 2016

This information is current as of the date and time posted and is subject to change without notice.

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