Registered Retirement Income Fund (RRIF) is a popular retirement option for matured RRSP's and pension plans.  At 71, under the new government regulations, your RRSP must be converted to your RRIF.  This allows you to control how and when you will receive your income stream from your retirement savings.  There are government prescribed minimum and maximum annual withdrawals, yet the choice is still yours.  A RRIF can allow you to control where your money is invested and Unity offers the same investment options that your RRSP was invested in.

Some of the features of a Unity RRIF are:

• Competitive rates
• Fixed rate terms from 1 to 5 years with interest compounding annually
• Variable rate plans with interest calculated monthly and paid annually
• Deposits guaranteed through Deposit Insurance Corporation of Ontario (DICO) up to $100,000. per contract
• Mutual Funds are also available - Click here for more information

Contact your Unity Financial Advisor for more information

Mutual funds are offered through Credential Asset Management Inc.

Understanding Retirement Planning with Our Online GO Figure Resource Center.

How much capital do you need at retirement? Do you have a plan to accumulate it? Average life expectancy is about 80. So, if you retire at 65, you’ll need enough capital to provide at least 15 years of income for you and your spouse. Effective Retirement Planning now means a better chance of a secure future.
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