RRIF
The Lafleche Credit Union Limited has several options to help you invest your retirement funds in an investment vehicle that suits your goals and objectives.
We offer term deposit type RRIF. These deposits are fully guaranteed by Deposit Guarantee Corporation.
- Competitive interest rates.
- Non-redeemable RRIF terms range from 1 year to 5 years.
- Also offer a variable rate RRIF account.
- Can be purchased at any time of the year.
- Annual minimum RRIF withdrawals are not subject to withholding tax.
- RRIF have a mandatory minimum yearly payment but no maximum payment level.
