Registered Retirement Income Fund (RRIF)

You've planned ahead by saving for your retirement. Now, what do you do with your retirement savings?

An RRSP must terminate no later than December 31 of the year in which you turn 71. One option is to turn it into a Registered Retirement Income Fund. The RRIF provides you with an income that can last for the lifetime of you or your spouse, or for a specific time period.
PenFinancial wants you to reap maximum enjoyment from the retirement savings you've accumulated over the years. We will help you determine the retirement income plan that works for you.

Contact us to request a copy of “Knowing Your Retirement Income Options for the current year or stop by any of our branch locations to discuss your RRIF needs.