Registered Retirement Income Fund (RRIF)

Registered Retirement Income Fund

Flexible means of providing an income during retirement by transferring your RRSP to a RRIF

  • Funds remain tax sheltered
  • Variable rate or fixed term deposit plans available
  • Monthly, quarterly, semi-annual, or annual payment options
  • Minimum annual distribution is set by the government, however you are able to withdraw more
  • Funds must be transferred to your RRIF by December 31st of the year you turn 71
  • Transfer-out fees may apply (Contact your Investment Officer for more information)

How long will your RRIF last? Find out using our RRIF Calculator

Learn more about Retirement Income Options (RIO's).

Call or visit any of our branches for more information about RRIFs.

 

 

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