The Canada Income Tax Act requires an individual who owns an RRSP to mature the plan by the end of the year in which the beneficiary turns 71. The plan holder then has the option of using the funds to purchase a life annuity, rolling the funds into a RRIF, or receiving a lump-sum payment from the RRSP.

A RRIF offers 100% income flexibility, while allowing your savings to remain tax sheltered and under your personal control. Possible investment options for a RRIF include Prairie Centre Term Investment GIC's, RRIF Mutual Funds, Stocks and Bonds. For more information on options, contact your Prairie Centre branch today.

View the Registered Product Fee Disclosure (does not include fees related to mutual funds*)

View the RRIF Declaration of Trust

Mutual funds and other securities are offered through Qtrade Advisor, a division of Credential Qtrade Securities Inc. 

*Mutual funds are offered through Qtrade Asset Management (a tradename of Credential Asset Management Inc).

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. Northwest & Ethical Investments L.P (“NEI” or “NEI Investments”) is a subsidiary of Aviso Wealth; and NEI Funds are related issuers of Qtrade Advisor, Qtrade Asset Management and Qtrade Guided Portfolios.