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Other RRIFs
Savings Rates | RRIFs: 10 to 25 years
| Financial Institution | Type | Compound Frequency | Payment Frequency | Redeemable | Minimum Deposit | Term in Years | |||||
| 10 | 12 | 15 | 19 | 20 | 25 | ||||||
| London Life | GT | Annually | Periodically | yes | 100,000 | 2.150 | - | 2.650 | 2.650 | 2.650 | 2.650 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Manulife Investments | LD | Not compounded | Annually | yes | 2,500 | 2.600 | 2.600 | 2.600 | 2.600 | 2.600 | 2.600 |
| Manulife Investments | LD | Annually | At maturity | yes | 2,500 | 2.600 | 2.600 | 2.600 | 2.600 | 2.600 | 2.600 |
| Manulife Investments | GT | Annually | Periodically | yes | 2,500 | 2.600 | 2.600 | 2.600 | 2.600 | 2.600 | 2.600 |
| London Life | GT | Annually | Periodically | yes | 25,000 | 2.025 | - | 2.525 | 2.525 | 2.525 | 2.525 |
| Sun Life - Insurance | LD | Annually | Annually | yes | 5,000 | 2.150 | 2.150 | 2.150 | 2.350 | 2.400 | 2.400 |
| London Life | GT | Annually | Periodically | yes | 10,000 | 1.400 | - | 1.900 | 1.900 | 1.900 | 1.900 |
| BMO Bank of Montreal | LD | Annually | Periodically | no | 500 | 2.300 | 2.300 | 2.300 | 2.300 | 2.300 | - |
| Bk Nova Scotia Mtg. Corp | LD | Annually | At maturity | no | 1,000 | 2.100 | - | - | - | - | - |
| Canada Life | GT | Annually | Periodically | yes | 1,000 | 1.900 | - | - | - | - | - |
| Canada Life | GT | Annually | Periodically | yes | 25,000 | 2.025 | - | - | - | - | - |
| Canada Life | GT | Annually | Periodically | yes | 75,000 | 2.150 | - | - | - | - | - |
| Desjardins Fin. Security | GT | Annually | Periodically | yes | 500 | 2.100 | 2.100 | 2.100 | 2.100 | 2.100 | - |
| Empire Life | LD | Not compounded | Monthly | yes | 50,000 | 1.975 | - | - | - | - | - |
| Empire Life | LD | Not compounded | Monthly | yes | 100,000 | 2.100 | - | - | - | - | - |
| Empire Life | LD | Not compounded | Annually | yes | 100,000 | 2.350 | - | - | - | - | - |
| Empire Life | LD | Not compounded | Monthly | yes | 10,000 | 1.850 | - | - | - | - | - |
| - | LD | Not compounded | Annually | yes | 10,000 | 2.100 | - | - | - | - | - |
| - | LD | Not compounded | Annually | yes | 50,000 | 2.225 | - | - | - | - | - |
| Great-West Life | LD | Annually | At maturity | yes | 50,000 | 2.150 | 2.650 | 2.650 | 2.650 | - | - |
| Great-West Life | LD | Annually | At maturity | yes | 25,000 | 2.025 | 2.525 | 2.525 | 2.525 | - | - |
| Great-West Life | LD | Annually | At maturity | yes | 2,000 | 1.900 | 2.400 | 2.400 | 2.400 | - | - |
| Great-West Life | LD | Not compounded | Monthly | yes | 50,000 | 1.650 | 2.150 | 2.150 | 2.150 | - | - |
| Great-West Life | LD | Not compounded | Monthly | yes | 25,000 | 1.525 | 2.025 | 2.025 | 2.025 | - | - |
| Great-West Life | LD | Not compounded | Monthly | yes | 2,000 | 1.400 | 1.900 | 1.900 | 1.900 | 1.900 | - |
| Great-West Life | LD | Not compounded | Annually | yes | 25,000 | 2.025 | 2.525 | 2.525 | 2.525 | - | - |
| Great-West Life | LD | Not compounded | Annually | yes | 50,000 | 2.150 | 2.650 | 2.650 | 2.650 | - | - |
| Great-West Life | LD | Not compounded | Annually | yes | 500 | 1.900 | 2.400 | 2.400 | 2.400 | - | - |
| National Bank | LD | Annually | At maturity | yes | 500 | 2.400 | - | - | - | - | - |
| Standard Life | GT | Annually | Periodically | yes | 10,000 | 2.675 | 2.675 | 2.675 | 2.675 | 2.675 | - |
| Standard Life | GT | Annually | Periodically | yes | 50,000 | 2.675 | 2.675 | 2.675 | 2.675 | 2.675 | - |
| Standard Life | GT | Annually | Periodically | yes | 100,000 | 2.675 | 2.675 | 2.675 | 2.675 | 2.675 | - |
| Standard Life | GT | Annually | Periodically | yes | 250,000 | 2.675 | 2.675 | 2.675 | 2.675 | 2.675 | - |
| Standard Life | GT | Annually | Periodically | yes | 500,000 | 2.675 | 2.675 | 2.675 | 2.675 | 2.675 | - |
Type - LD indicates a long-term deposit, GT indicates a guaranteed deposit.
A registered retirement income fund (RRIF) is purchased with the proceeds of a registered retirement savings plan (RRSP). RRIFs are interest accruing investment products that provide a minimum periodic income for a predetermined period of time or until all funds are depleted. Due to the product's flexibility, the investor can, in certain cases, request a withdrawal of any amount provided a withdrawal minimum is met on an annual basis. This product is registered for tax purposes, so interest accumulations are not taxed until withdrawn.
Prepared by Cannex on June 19, 2013
This information is current as of the date and time posted and is subject to change without notice.
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