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You've stopped working but your money shouldn't.

A RRIF (Registered Retirement Income Fund) provides ongoing investment growth and flexible withdrawals, helping you manage your retirement savings wisely.

What is a RRIF?

Access the funds you need while letting the balance grow, tax-sheltered.

RRSPs must be converted to RRIFs by the end of the year in which you turn 71 and withdrawals must start by the end of the following year. 

RRIFs are as flexible as RRSPs: they can hold a variety of qualified investments*, such as cash savings, GICs, mutual funds, stocks, bonds, and ETFs. In partnership with Aviso Wealth, we can customize your portfolio to match your risk tolerance and savings goals.

Key benefits of a RRIF

  • Flexible withdrawals – Customize your retirement income by choosing withdrawal amounts (subject to minimum annual requirements).
  • Tax-deferred growth – Continue to benefit from tax-deferred investment growth on the funds within the RRIF.
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Featured RRIF Rates

*Rates subject to change

1.00%

Variable Savings

2.00%

1-Year GIC

3.00%

5-Year GIC

Eligibility

  • Must be a Canadian resident.
  • Funds typically come from money saved and invested in an RRSP, which must be converted to a RRIF by the end of the year in which you turn 71.

Did you know?

The minimum withdrawal amount increases with age, starting at 5.28% at age 71.

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Ready to get started?

Our knowledgeable advisors are here to help you take the next step—whether you're opening a new account, planning for the future, or simply exploring your options. Let’s talk about what’s right for you.

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*Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated.

Unless otherwise stated, mutual funds, other securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions.