RRIF Rates effective October 4th, 2022:
|1 Year||4.41% **|
|2 Years||4.56% **|
|3 Years||4.64% **|
|4 Years||4.65% **|
|5 Years||4.68% **|
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.