A RIF is funded by your RSP investments and is designed to provide a source of income during your retirement. Interest continues to accumulate tax-deferred in the RIF until the funds are paid out. A RIF may be purchased any time prior to December 31 of the year the plan-holder turns 71 years of age.


To learn more about RIFs, check out these resources on our Articles page:

  • Member Retirement Services: Understanding All the Basics
  • Member Retirement Services: Designations on RSPs, RIFs &TFSAs
  • Member Retirement Income Options
  • Member Financial Fitness: Planning For Your Retirement

For more information about RIFs, please contact your branch and they will be happy to help!

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