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RRIFs

Control your finances during your retirement years while enjoying competitive returns with a Registered Retirement Income Fund (RRIF). You choose the income frequency, payment amount, and where the money goes. Benefit from variable or fixed rate plans, and earn a competitive, guaranteed interest rate on your retirement income as you continue to enjoy tax benefits. All RRSP funds must be converted to a registered income fund during the year you turn 69.

All deposits are insured for up to $100,000 per plan through the Deposit Insurance Corporation of Ontario.

Effective November 3, 2007

60 - 89 days3.50%
90 - 179 days3.60%
180 - 364 days3.80%
12 - 18 months4.65%
18 - 24 months4.70%
2 to less than 3 years4.80%
3 to less than 4 years4.85%
4 to less than 5 years4.85%
5 to less than 7 years4.90%
7 years5.00%

earn competitive returns during your retirement years