Savings Rates | RRIFs: 1 to 6 years

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Sorted by: Payment Frequency in descending order (Click on a column heading to sort up or down)
Financial Institution Type Compound Frequency Payment Frequency Redeemable Min. Deposit Term in Years
1 2 3 4 5 6
Effort Trust LD Annually Annually no 1,000 1.950 2.100 2.300 2.400 2.600 -
Great-West Life LD Not compounded Annually yes 50,000 1.000 1.100 1.200 1.500 1.700 1.900
Great-West Life LD Not compounded Annually yes 500 0.750 0.850 0.950 1.250 1.450 1.650
Great-West Life LD Not compounded Annually yes 25,000 0.875 0.975 1.075 1.375 1.575 1.775
Home Trust Company LD Not compounded Annually no 10,000 1.950 2.050 2.150 2.300 2.500 -
Laurentian Bank Canada LD Not compounded Annually no 500 0.850 1.100 1.250 1.400 1.750 -
Manulife Investments LD Not compounded Annually yes 2,500 0.900 1.100 1.250 1.450 1.550 1.600
Oaken Financial LD Not compounded Annually no 10,000 2.400 2.600 2.650 2.850 3.050 -
Ontario Civil Service CU LD Not compounded Annually no 60,000 1.350 1.600 1.750 1.900 2.200 -
Ontario Civil Service CU LD Not compounded Annually no 10,000 1.300 1.450 1.500 1.750 2.050 -
Ontario Civil Service CU LD Not compounded Annually no 5,000 1.000 1.100 1.350 1.600 1.900 -
Ontario Civil Service CU LD Not compounded Annually no 100,000 1.350 1.600 1.750 1.900 2.200 -
Ontario Civil Service CU LD Not compounded Annually no 20,000 1.300 1.450 1.500 1.750 2.050 -
Ontario Civil Service CU LD Not compounded Annually no 40,000 1.350 1.600 1.750 1.900 2.200 -
Ontario Civil Service CU LD Not compounded Annually no 1,000 1.000 1.100 1.350 1.600 1.900 -
PACE Savings & Credit Un LD Not compounded Annually no 1,000 1.200 1.300 1.600 1.750 2.100 -
Parama Credit Union LD Not compounded Annually no 1,000 1.650 1.900 2.150 2.350 2.550 -
Servus Credit Union LD Annually Annually no 5,000 1.300 1.350 1.400 1.600 2.000 -
Sun Life - Insurance LD Annually Annually yes 5,000 0.900 1.000 1.050 1.700 1.950 1.950
Sun Life - Trust LD Annually Annually no 5,000 1.300 1.450 1.700 2.050 2.450 2.450
Sun Life - Trust LD Annually Annually yes 5,000 0.900 1.000 1.050 1.700 1.950 1.950
TD Canada Trust LD Not compounded Annually no 500 1.300 1.350 1.400 1.600 2.000 -
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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 October 31, 2014

This information is current as of the date and time posted and is subject to change without notice.

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