RRIF Rates effective February 23, 2021:
|1 Year||0.75% *|
|2 Years||0.89% *|
|3 Years||1.15% *|
|4 Years||1.30% *|
|5 Years||1.52% *|
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.