RRIF Rates effective July 8, 2021:
|1 Year||0.66% **|
|2 Years||0.93% *|
|3 Years||1.29% **|
|4 Years||1.47% **|
|5 Years||1.70% **|
Please note that minimum investments amounts vary
* Current Minimum is $1,000.00
** Current Minimum is $10,000.00
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.