When it's time to convert your RRSP, a RRIF is one of the most popular options.
Visit each of the sections below and see how RRIFs are the most flexible ways to manage and control retirement finances.
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A RRIF is a tax-deferred retirement plan used to generate income from the savings accumulated from your RRSP plan.
The government requires that everyone with a RRSP, including LRSPs/LIRAs, must convert to one or more retirement income sources by December 31st of the year they turn 71 or earlier.
Ready to convert your RRSP? Here are your choices: