A RRIF is a flexible income-producing investment that tax shelters your savings while permitting you to withdraw retirement income. The RRIF is a great retirement income option since it provides you complete flexibility in determining how much income to draw while minimizing the income tax you will pay.
Who is it for?
A RRIF is for the person getting ready to retire, who wants to feel comfortable that they are going to be able to enjoy the lifestyle for which they have carefully planned.
Advantages of an RRIF
Resource Information - get a copy of these detailed product brochures at any branch
Living Well During Retirement - RRIFs
Designations on RRSPs & RRIFs - Facts to Consider
Understanding All "The Basics" - RRSP, RRIF, Annuity, LIF, LRIF
Planning for Your Retirement
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