Registered Retirement Income Funds (RRIF)
Turn your retirement savings into retirement income.
Why invest your money in a RRIF
A RRIF1 is right for you if you want your savings to provide income during retirement, while giving you flexibility in managing your retirement finances.
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What is a RRIF?
When it’s time to retire, you can transfer money from your RRSP to a RRIF, usually on a tax-deferred basis. RRIFs are designed to give you regular income payments during your retirement years2.
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What can your RRIF hold?
When you convert your RRSP to a RRIF, you may continue to invest in many of the same investments, such as cash, an investment account, GICs, mutual funds, bonds, and equities.
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Types of RRIFs that Scotiabank offers
We offer two types of RRIFs to help you plan for your retirement. A self-directed RRIF allows you to invest in the same range of qualified investments as self-directed RRSP. Managed RRIFs lets us take care of the investing for you.
The Investment Companion Booklet includes important information about our products, services, and fees.
Building your RRIF
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Guaranteed Investment Certificates (GICs)
A worry-free investment product that keeps your principal investment safe and has a guaranteed rate of return.
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ScotiaFunds® Portfolio Solutions
Our Portfolio Solutions offer a diversified mix of mutual funds in the convenience of single investment to help you grow your savings while carefully managing risk. Whether you are seeking regular income or long-term growth, there’s a portfolio solution designed to help you achieve your goals.
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Mutual Funds
Mutual funds deliver instant diversification and professional money management in a cost-effective and convenient solution.
Build a plan for your future with Scotiabank
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Get personalized advice from our team of advisors and investment specialists across Canada.
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Connect with us in a way that’s convenient for you. Scotia advisors are available in every branch to help you understand, plan, and execute the right financial plan.
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Monitor your investments digitally with online and mobile banking. Our digital banking guides show you how to take care of your banking using your mobile phone, tablet, or computer.
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Online appointment booking
A quick, easy, and secure way to connect with a Scotiabank advisor matched to your needs.
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Have a question?
We’re ready to give you advice.
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