Registered Retirement Income Funds (RRIF) Rates

RRIF Rates effective October 23, 2020: 

Term OUR RATES
1 Year  0.77% *
2 Years  0.91% *
3 Years 0.93% *
4 Years 1.05% *
5 Years  1.31% *


Please note that minimum investments amounts vary

* Current Minimum is $10,000.00

** Current Minimum is $50,000.00

 

 



Registered Retirement Income Funds (RRIFs) are tax-sheltered plans for registered savings that provide regular income payments.

At age 71 Revenue Canada obligates all Canadian residents with RRSP’s to transfer these funds to a RRIF.