Retire with the money you’ve been saving.
Converting an RRSP to a RRIF is an easy and flexible way to receive income during retirement.
A RRIF can be invested in a variety of products like GICs, savings accounts, Mutual Funds*, ETFs*, and Index-Linked GICs*. The choice is very personalized, a PenFinancial Advisor can help you.
RRIFs have important withdrawal rules. You have to withdraw a minimum amount from your RRIF every year, and to avoid extra fees, you also have to ensure you have enough money available in your account to make any additional withdrawals.
Get your hands on this useful brochure packed with valuable information about the Registered Retirement Income Fund. And don’t hesitate to reach out to a knowledgeable PenFinancial Advisor today to get answers to any questions you may have about an RRIF.
Download the RRIF brochure →Our Truly Local Commitment is the heart and soul of our philosophy, where we believe the prosperity of our Members and our communities go hand in hand. Each year, we commit a portion of our profits to support truly local initiatives that help our communities thrive. We're also a proud Living Wage employer, and we are a Certified B Corporation committed to using business as a force for good. There are just a few of the ways we're invested in you and your community.
