Earn a great return on your Registered Retirement Income Fund (RRIF) at Achieva, while having the flexibility over the income you will receive throughout your retirement.
This account is right for you if you are looking for a high-interest return with the tax-sheltered benefits a registered retirement income fund can offer.
- Interest calculated on the closing daily balance and credited on the last day of each month for your RRIF Savings
- Transfers can easily be arranged from other institutions
- You have the option to increase your annual income above the regulatory minimum established by the Canadian Revenue Agency
When you open a RRIF account, a payment schedule with your amount and frequency may be changed throughout the year to a maximum of two times. RRIF plans appear on your monthly statement and annually on December 31st, a full year-to-date statement will be produced detailing the revised minimum payment along with other pertinent information for the upcoming year. All RRIFs are 100% Guaranteed by the Deposit Guarantee Corporation of Manitoba.
Achieva also offers a wide range of other Registered Retirement Savings Plans such as Life Income Funds (LIFs) and Locked-In Retirement Accounts (LIRAs). Please contact our Customer Support Centre for any further information you may be requiring on these options.