RRIF Rates available to Ontario Residents effective June 2nd, 2023:
Term | OUR RATES |
1 Year | 5.03% ** |
2 Years | 4.97% ** |
3 Years | 4.84% ** |
4 Years | 4.58% ** |
5 Years | 4.61% ** |
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.