You've spent years saving for your retirement. Now, you can enjoy the benefits of these savings to help maximize your retirement income.
Key Features and Benefits
- Tax-Deferred Growth. Your retirement nest egg can continue growing on a tax-deferred basis.
- Control Over Your Income. You can make withdrawals as often as you like. Use our calculator to determine your minimum annual RRIF payments at various ages throughout retirement.
- Tax-Free Transfer to Spouse. If you pass away, your RRIF assets can be transferred to your spouse–tax-free.
An RBC advisor can walk you through the income strategies that will best apply to your situation, and help you make the most of your income sources while minimizing the taxes you pay.
Please complete a short form to get your RRIF Factsheet now.
Financial planning services and investment advice are provided by Royal Mutual Funds Inc. (RMFI). RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec.