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​​Registered Retirement Income Fund (RRIF)

Live your retirement dreams

Registered Retirement Income Funds (RRIFs) are the most popular form of self-directed retirement income.

A RRIF is basically the reverse of your RRSP.  Instead of putting money into a savings plan, you withdraw it as an income source at regular intervals throughout the year. Plan holders are required to take a minimum level of taxable payments from their RRIF on an annual basis. 

At age 71, all RRSP investments must be converted to either a RRIF or an annuity. Let us help you set up your RRIF and show you how to maximize your retirement income.  

Why start an RRIF?

Defer taxes and maximize your investment potential

Your investment continues to grow tax-sheltered while in a RRIF account.

You have choices

You choose the payment schedule and withdrawal amount , as long as the required minimum is taken out.

Avoid estate tax

Your RRIF can be transferred tax-free to your spouse if you pass away, as long as they were named as the beneficiary.

You can also use our RRIF Calculator to gain more insight. 

Let's discuss your options