Registered Retirement Income Fund (RRIF)
A RRIF is a retirement fund that you establish and that we register with Canada Revenue Agency (CRA) in order to provide income during your retirement. All RRSP accounts must be converted to RRIF accounts no later than the year you turn 71. Please note that Locked-in RRSP are treated differently than regular RRSPs.
You can transfer property into a RRIF from a Registered Retirement Savings Plan (RRSP), Registered Pension plan (RPP) or from another RRIF.