Registered Retirement Income Fund (RRIF)

A Registered Retirement Income Fund (RRIF) lets you convert your Registered Retirement Savings Plan (RRSP) and certain supplemental pension plans – Opens a tooltip into retirement income.

A RRIF is like an RRSP "extender." Your savings continue to grow tax-free, but withdrawals are taxable.


  • Manage your own investments during your retirement
  • Choose the amount and frequency of your withdrawals
  • Take advantage of tax-free growth

RRIF-eligible savings products

RRIF alternatives

  • Don't want to transfer your RRSP savings to a RRIF? Why not consider a life annuity or a term certain annuity?
  • Another option is to cash out your RRSP savings, but if you do, you'll be fully taxed on this withdrawal.