You've spent years saving for your retirement. Now, you can enjoy the benefits of these savings to help maximize your retirement income.
Key Features and Benefits
- Tailored Advice. An RBC advisor can help you maximize your retirement income through tax-efficient planning.
- Tax-Deferred Growth. Your retirement nest egg can continue growing on a tax-deferred basis.
- Control Over Your Income. You can make withdrawals as often as you like.
- Tax-Free Transfer to Spouse. If you pass away, your RRIF assets can be transferred to your spouse–tax-free.
- Tailored Advice. Whether you need to open a RRIF or are seeking advice about assets in an existing RRIF, an RBC advisor can help you maximize your retirement income through tax-efficient planning.
- Tax-Deferred Growth. While you cannot make contributions to a RRIF, your retirement nest egg can continue growing on a tax-deferred basis.
- Control Over Your Income. You can make withdrawals as often as you like and withdraw more than the minimum annual amount required by the Income Tax Act.
- Tax-Free Transfer to Spouse. If you pass away, your RRIF assets can be transferred to your spouse–tax-free.
Calculate Your Income from a RRIF, LIF or LRIF
Estimate what your minimum annual payment could be:
> RRIF Minimum Annual Income Payment CalculatorCalculate Your Income from a RRIF, LIF or LRIF
Estimate what your minimum annual payment could be:
> RRIF Minimum Annual Income Payment CalculatorFinancial planning services and investment advice are provided by Royal Mutual Funds Inc. (RMFI). RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec.
