Registered retirement income fund (RRIF)

Registered retirement income fund (RRIF)

The RRIF is simply the extension of the RRSP. At age 71, RRSPs are transferred into RRIFs, which requires their holders to withdraw an amount, a percentage of this investment based on age, and to slowly liquidate accrued amounts and pay income tax that had been deferred. To minimize this impact, please come and see us; our tax expertise will allow us to help you to manage this account and withdrawals better.
 

 
* Mutual funds are distributed through Group Cloutier investments. Please note that mutual funds are not guaranteed. Their values change frequently and past value is not an indication of future performance. Please read the prospectus before investing.