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Registered retirement income fund (RRIF)

You’ve contributed to a registered retirement savings plan (RRSP) and want to maximize your benefits. To do so, the Épargne Placements Québec registered retirement income fund (RRIF) is an excellent choice for financial security when you retire.

The Épargne Placements Québec RRIF, a smart choice, an attractive investment:

  • Products well adapted to a RRIF portfolio.
  • Competitive interest rates.
  • No management or administration fees.
  • Detailed portfolio statement every three months.
  • Capital 100% guaranteed, regardless of amount or term.

Moreover, for any amount of $1 000 or more transferred into one of our registered accounts and invested in a term product, you receive a refund of transfer fees of up to 5% of the amount transferred (plus taxes), to a maximum of $150.

A RRIF is a plan in which the capital you’ve accumulated over the years continues to earn tax‑sheltered income. Only the withdrawals you make are taxable.

To prevent the entire amount held in your RRSP from becoming taxable, you must transfer it to a RRIF no later than December 31 of the year in which you reach age 71.

You can select the details of your RRIF, namely the amount and the frequency of payments, payment method as well as the products that suit you.

If you hold your Québec Fixed‑rate Bonds or Québec Discount Bonds in an Épargne Placements Québec RRIF for terms of one to five years, a total or partial redemption can be requested, without penalty, for purposes of a retirement income payment, in accordance with laws applicable under the Québec RRIF.

Want to open an Épargne Placements Québec RRIF or obtain more information? Simply contact one of our investment officers.