Investment Solutions

RRIFs are created when the capital accrued in an RRSP, LIRA or locked-in RRSP is converted into retirement income.

In the year of the holder's 71st birthday, an RRSP must be converted into a RRIF (or an annuity). Otherwise, it is liquidated and the total amount is taxable in the year of this liquidation.

Investment growth is tax sheltered until withdrawal. The amounts received from this plan will be added to your income for the year.

The minimum withdrawal varies according to your age. The RRIF is subject to minimum annual withdrawals (see Minimum Withdrawal Table).

There is no draft cap and you can choose the frequency of withdrawals that suits you best.

Age at the beginning of the year	Minimum factors
71
71	5.28%
72
72	5.40%
73
73	5.53%
74
74	5.67%
75
75	5.82%
76
76	5.98%
77
77	6.17%
78
78	6.36%
79
79	6.58%
80
80	6.82%
81
81	7.08%
82
82	7.38%
83
83	7.71%
84
84	8.08%
85
85	8.51%
86
86	8.99%
87
87	9.55%
88
88	10.21%
89
89	10.99%
90
90	11.92%
91
91	13.06%
92
92	14.4 %
93
93	16.34%
94
94	18.79%
95 and more
95 and more	20.00%

FÉRIQUE Funds and Portfolios offer you several investment options to help you achieve your goals and make your projects a reality. Whatever your investor profile, you will find a product that suits you.