Monthly incomes based on a premium of $100,000 of registered funds. Payments will commence in one month.
Annuities pay an income on a monthly, quarterly, semi-annual or annual basis. They can be purchased with registered funds from individual RRSPs, locked-in RRSPs, pension plans or deferred profit sharing plans (DPSP). Registered and non-registered rates are available for single (male or female) or joint life plans, guaranteed for up to 25 years.