Registered Retirement Income Fund (RRIF)

An RRIF works like a Registered Retirement Savings Plan (RRSP), but in reverse. When you retire, it converts your retirement savings into income and continues to shelter your investment from taxes. The RRIF is a great retirement income option as it provides flexibility with your investments and retirement income. You are required to withdraw a minimum amount of income each year based on your age and government regulations.

Who is it for?

All holders of RRSP, by December 31^st of their 71^st birthday year, must convert their RRSP to an RRIF. Usually, when you retire, your will convert your RRSP to a RRIF to create an income that supports the retirement lifestyle for which you have carefully planned.

Advantages of an RRIF

• The most flexible retirement investment option available
• Income payments are customized to meet your personal goals and budget
• Control how hard-earned retirement savings are invested
• Investment growth is tax-sheltered until withdrawn 

RRIF Investment Options

There are many different investments you can choose for your RRIF including:

• High Interest Savings Account
• GICs
• Mutual funds
• Stocks and bonds

 Still have questions? Visit our RRIF Frequently Asked Questions page.

 For peace of mind in planning for your retirement and retirement years, visit or call us at SASCU Wealth.

Mutual funds and other securities are offered through Qtrade Advisor, a division of Qtrade Securities Inc., member IIROC and CIPF. Mutual funds are also offered through Qtrade Asset Management Inc., member MFDA.