Savings Rates | Annuity: Single life Female, No 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|
|Desjardins Fin. Security||345.04||386.34||441.76||500.46||517.80||609.86||740.78|
|RBC Life Insurance||348.38||385.79||444.77||501.05||517.72||604.98||733.16|
|Sun Life Assurance Co||350.75||394.82||454.51||508.66||526.41||601.41||684.82|
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 22, 2016
This information is current as of the date and time posted and is subject to change without notice.
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