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RRIF​

Registered Retirement Income Fund

HOME | WHAT WE DO | INVESTMENTS

Registered Retirement Income Fund (RRIF) is the natural next step for your RRSP once you reach retirement.

It allows you to convert your RRSP savings into a reliable source of retirement income while continuing to enjoy tax-deferred growth on your investments.

Highlights:

  • Your RRSP is automatically converted into a RRIF by the end of the year you turn 71. 
  • You choose your investments and receive regular withdrawals to support your retirement needs. 
  • The government sets the minimum annual withdrawal amounts, based on your age, which are taxable as income. 
  • Investments inside a RRIF continue to grow tax-deferred, helping your retirement savings last longer. 
  • If you have a spouse, you may split eligible RRIF income to reduce household taxes. 

A RRIF provides a structured, flexible way to turn your retirement savings into predictable income while maintaining investment growth. 

Having a RRIF ensures your retirement funds are managed efficiently, providing a steady income stream and long-term financial security. 

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