Retirement
RRIF
All You Need to Know About the Registered Retirement Income Fund
A Registered Retirement Income Fund (RRIF) is your way to a safer retirement. It is an account registered with the government to help you receive a steady income in your late 60s. It is an extension of the Registered Retirement Savings Plan (RRSP) since you cannot contribute towards the latter as soon as you turn […]
A Registered Retirement Income Fund or RRIF is meant to give you financial support during your retirement. It is, by far, an extension of your Registered Retirement Savings Plan or RRSP. There are so many advantages attached to having an RRIF account, such as: 1. It gives you the maximum flexibility in creating an income […]
