Registered retirement income fund (RRIF)

Over the course of your retirement, your RRSP will convert into an RRIF. It’s a flexible plan that allows you to make periodic withdrawals as required while continuing to grow your capital on a tax-free basis.

Find an advisor

What is a RRIF?

The RRIF is an extension of the registered retirement savings plan (RRSP). It allows you to make the best use of the savings you have accumulated throughout your working life: you periodically withdraw a portion of your savings and continue to accumulate tax-sheltered income.

You are required by law to withdraw a minimum annual amount from your RRIF. Over and above that amount, all periodic and lump sum withdrawals are taxable at source.