RRIF - Registered Retirement Income Fund

Author: Kevin Slater |

A registered investment account created from funds transferred from an RRSP.  These provide income in retirement through government regulated minimum annual withdrawals. 

  • A RRIF is a retirement income vehicle.  
  • Funded by RRSP proceeds that must be transferred to a RRIF by the end of the year you turn 71.   
  • A RRIF account can provide you an income monthly or annually.  
  • There is RRIF minimum amount you must withdrawal each year based on your age, but no maximum amount restrictions.   
  • A variety of investment options are available for your RRIF account. 


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