RRIFsPayment options during your retirement.

A Registered Retirement Income Fund (RRIF) is a government-approved means of providing a maturing option for RRSPs. Funds can be transferred from an RRSP, another RRIF, a Registered Pension Plan or a commuted RRSP annuity.

RRSPs must be converted into RRIFs during a holder’s 71st calendar year. Converting an RRSP to an RRIF allows you to provide yourself and your family with a regular income. While you may take any amount out of the fund above the minimum, each withdrawal is taxable as income.

View the Knowing Your Retirement Income Options Digital Brochure.



Customized plans

Flexible payout options based on your individual needs.


Terms are available from 30 days to five years.


Payments can be received monthly, quarterly, semi-annually or annually

Saves money

Income earned is tax sheltered.

Additional tax credits

RRIF payments qualify for $1,000 pension income credit at 65 years and older.

Maximized payouts

Minimum payment may be calculated on the younger spouse’s age.

Easy to attain

Minimum deposit of $500 for a fixed RRIF. No minimum deposit for variable plans.

Earns increased income

Interest on variable RRIF paid semi-annually. Interest compounds annually.

Maximized return

Interest rate is guaranteed for the full term.

Peace of mind

All deposits are 100% guaranteed by the Deposit Guarantee Corporation of Manitoba.




Other fees may occur. View Casera’s service fees.