Living well during your retirement means managing your retirement income wisely. When you terminate your RRSP, all the money remains sheltered from tax if you move it to a Retirement Income Option and only the money withdrawn each year is taxed for that year. A RRIF is the most flexible retirement income option (RIO) and is best suited to people who want to make their own decisions regarding their retirement income.

Download our digital brochure: Knowing Your Retireme Income Options.


  • Funds continue to earn interest while on deposit
  • Control over amount of monthly/annual payments
  • The balance is available for survivors
  • Deposit insurance protection 


  • Variable and Fixed Rate Plans available with fixed terms from 1 to 5 years
  • Secure investment with principal and interest guaranteed



Find Branch/ATM

Enter address, postal code or branch name