Investors who choose a RRIF realize all of the benefits of a guaranteed investment and more, including:

Opportunity to increase your rate of return

We can help you find some of the highest rates available.

Flexible access to your money

Your retirement plan investment can be fully or partially cashable at any time. Surrender charges may apply on term investments cashed prior to maturity. You may also withdraw up to 10% of your investment free of charge, while certain maximums do apply.

Customized payment options

You can choose to receive the income payment from your RRIF, LIF or LRIF monthly, quarterly, semi-annually or annually. You can also customize the amount you receive by choosing a payment type based on:

• the government legislated minimum,
• earned interest,
• a level amount,
• an indexed amount, or
• the government legislated maximum (for LIF and LRIF only).

You may also withdraw up to 10% of your investment free of charge, while certain maximums do apply. Taxes will continue to be applied, however, DSC charges may not apply.