Savings Rates | Annuity: Term Certain Male, 15 Year Guarantee (Non-Registered)
|Non-Registered Annuities||Registered Annuities|
|Single Life - Male||Single Life - Female||Joint Life||Term Certain||Single Life - Male||Single Life - Female||Joint Life|
|No Guarantee||No Guarantee||No Guarantee||3 Years||No Guarantee||No Guarantee||No Guarantee|
|5 Years||5 Years||5 Years||5 Years||5 Years||5 Years||5 Years|
|10 Years||10 Years||10 Years||10 Years||10 Years||10 Years||10 Years|
|15 Years||15 Years||15 Years||15 Years||15 Years||15 Years||15 Years|
|20 Years||20 Years||20 Years||20 Years||20 Years||20 Years||20 Years|
|25 Years||25 Years||25 Years||25 Years||25 Years||25 Years||25 Years|
|Financial Institution||Age in Years|
|Sun Life Assurance Co||662.14||662.14||662.14||662.14||662.14||662.14||662.14|
|RBC Life Insurance||657.20||657.20||657.20||657.20||657.20||657.20||0.00|
|Desjardins Fin. Security||627.05||627.05||627.04||627.04||627.04||627.03||627.02|
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 May 30, 2016
This information is current as of the date and time posted and is subject to change without notice.
© Copyright CANNEX Financial Exchanges Limited. All rights reserved.