RRIFs (1)

Control your finances during your retirement years while enjoying competitive returns with a Registered Retirement Income Fund (RRIF). You choose the income frequency, payment amount, and where the money goes. Benefit from variable or fixed rate plans, and earn a competitive, guaranteed interest rate on your retirement income as you continue to enjoy tax benefits. All RRSP funds must be converted to a registered income fund during the year you turn 71.

Deposits held in registered savings plans are separately insured from the deposits held in other accounts. All deposits made to RSP plans are fully insured through the Deposit Insurance Corporation of Ontario with no limit on the maximum amount.

Effective March 2, 2010

60 - 89 days0.50%
90 - 179 days0.60%
180 - 364 days0.70%
12 - 18 months1.20%
18 - 24 months1.35%
2 to less than 3 years1.60%
3 to less than 4 years2.40%
4 to less than 5 years2.70%
5 to less than 7 years3.05%
7 years3.40%

Mutual Funds are offered through Qtrade Asset Management Inc., member MFDA.

All interest rates subject to change without notice.

(1) Minimum interest paid per payment period - 75¢. All rates stated are per annum. All CDN$ term deposits, RRSPs, RRIFs, RESPs, and LRIFs have a $500 minimum. On non-redeemable term deposits, interest is paid or compounded annually.

earn competitive returns during your retirement years