Registered Retirement
Investment Fund (RRIF)

Grow your savings. Grow your savings.
RRIFs earn money from investments, similar to RRSPs. That means you can grow your money and keep earning income, even after you retired.
Maximum flexibility. Maximum flexibility.
RRIFs offer the most control over investments in your retirement plan, so you can grow your money how and where you want.
Tax-free growth. Tax-free growth.
The money you make on your RRIF investments isn't taxed, similar to RRSPs. You only pay income tax on the money that's withdrawn from the fund for income.

Retire with confidence.

When you turn 71, the money you have saved in your RRSP needs to be either cashed-in or reinvested into other funds. Moving that money into a RRIF allows you to keep growing your savings while living the retired life you planned for by withdrawing monthly income.

  • Keep receiving income even after you retire with money you've saved already
  • Continue growing your money with the choice to invest some or all of the savings in your RRIF
  • Feel confident knowing you can afford the retirement you planned
  • Minimal annual withdrawal requirement
  • No withdrawal limit
  • Investments are tax deferred and tax is paid only on the amounts withdrawn from the RRIF

Book an appointment online or call our dedicated Investment Team at 1.888.517.7000.

Retire with confidence.

When you turn 71, the money you have saved in your RRSP needs to be either cashed-in or reinvested into other funds. Moving that money into a RRIF allows you to keep growing your savings while living the retired life you planned for by withdrawing monthly income.

  • Keep receiving income even after you retire with money you've saved already
  • Continue growing your money with the choice to invest some or all of the savings in your RRIF
  • Feel confident knowing you can afford the retirement you planned
  • Minimal annual withdrawal requirement
  • No withdrawal limit
  • Investments are tax deferred and tax is paid only on the amounts withdrawn from the RRIF

Book an appointment online or call our dedicated Investment Team at 1.888.517.7000.

Real advice for your life.

GROW YOUR MONEY
What is a RRIF and how does it work?
By the end of the year you turn 71, your RRSPs need to convert to a RRIF. Not exactly sure what that means? We’ve got you covered—read on to find out.
GROW YOUR MONEY
5 Tips for Financial Well-being in Retirement
There's no time like the present to learn how to make an RRSP a part of your retirement plan. Your future self will thank you.
GROW YOUR MONEY
How much money do you need to retire?
It's never too early or late to discuss retirement savings. So, how much do you need? Short answer: It depends. Long answer: read the post to find out.
Ready to retire your way?
Our Investment Team can help you figure out the best financial plan for your retirement goals.
Call us at 1.888.517.7000 Mon-Fri, 8am-8pm; Sat, 8am-5pm.

CDIC Deposit ProtectionCDIC Deposit Protection

Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information