Both the registered retirement income fund (RRIF) and the life income fund (LIF) from Equitable Life are ideal options for providing income during retirement. Registered retirement savings plan (RRSP) assets transferred to a RRIF and pension assets in a LIF continue to grow in a tax sheltered environment while providing you with control over how your assets are invested. The wide investment selection allows you to change your investment mix as your needs change.

Some provinces require that a LIF be converted to a life annuity in the year you turn 80.

Notable features

  • Choice over how much income you receive every year (subject to government minimums and maximums)
  • Competitive interest rates
  • Flexible income options


Products that we currently offer as a RIF/LIF