Investing & Saving
Registered Retirement Income Fund (RRIF)
A registered account that pays retirement income with minimum withdrawals set by tax rules.
Investment values can fluctuate. Returns are not guaranteed. Past performance does not predict future results.
What it is
A RRIF is a registered account that holds investments transferred from an RRSP or other qualifying plans. You withdraw at least a minimum amount each year based on a formula tied to your age and account value.
Withdrawals are generally taxable. Investments inside the RRIF can still fluctuate in value.
Who may want to learn about it
- You may want to learn about RRIFs if you are converting registered savings to retirement income or managing inherited registered funds.
Common considerations
Risk and volatility
Market-based investments can lose value. Returns are not guaranteed and past performance does not predict future results.
Fees and compensation
Management fees, sales charges, and other costs reduce net returns. Ask how compensation is structured.
Time horizon
Longer horizons may allow more volatility, but suitability depends on your goals and other holdings.
Tax treatment
Registered accounts have rules for contributions, withdrawals, and attribution. Tax rules can change.
What to bring to a consultation
- Government-issued photo ID and contact information
- List of existing registered accounts (TFSA, RRSP, RESP, etc.)
- Recent account statements or contribution summaries, if available
- General time horizon and goal categories (education, retirement, savings)
- Employer pension or group plan summaries, if applicable
- Questions about fees, risk tolerance categories, and tax treatment (for advisor discussion)
This page is for general educational information only and does not replace advice from a licensed professional. SEENCO Financial Services Inc. does not guarantee approval, payout, savings, returns, or performance.
Related pages
Frequently asked questions
You may withdraw more than the minimum, but excess withdrawals are taxable. Tax withholding may apply.
Speak with a licensed SEENCO advisor
Request a consultation in plain language — no pressure, no commitment. A licensed advisor can review options when you are ready.