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RRIF GIC

Your savings shouldn’t stop working when you do. Continue to earn a great return on your savings in retirement while keeping them tax-sheltered with Achieva’s Registered Retirement Income Fund (RRIF) GICs.

Benefits you can count on

  • Security of knowing all deposits guaranteed without limit by the Deposit Guarantee Corporation of Manitoba 
  • Earn more with some of the highest GIC rates in Canada 
  • Maintain your RRIF savings tax deferred until withdrawn 
  • Flexible GIC terms ranging from 1 year to 5 years
  • Easily renew your GIC online 
  • Minimum $1,000 per RRIF GIC ($5,000 minimum account balance) 
  • Transfers from other financial institutions to your Achieva RRIF can easily be arranged 

*All rates and conditions subject to change without notice.

Your money is safe with Achieva.

All deposits guaranteed without limit by the Deposit Guarantee Corporation of Manitoba.

What is a Registered Retirement Income Fund (RRIF)?

At age 71, the Canada Revenue Agency (CRA) requires you to convert your RRSP to a RRIF. If you already have an RRSP with Achieva, it can remain tax-sheltered and easily transitioned to a RRIF.

A RRIF allows you flexibility and self-direction of your income in retirement. When you open your RRIF, establish a payment schedule that works for you.

Your new Achieva RRIF GIC provides a secure source of income to you during retirement. RRIFs at other financial institutions can also be easily transferred to Achieva, maximizing your interest earned and simplifying your income stream during retirement.

Looking for other retirement savings options?
Achieva also offers Locked-In Retirement Accounts (LIRAs) and Life Income Funds (LIFs). Please contact our Customer Support Centre for further information.

GIC Interest

GIC interest rates quoted are per annum, with interest calculated and paid on each 12 month anniversary date, and at maturity. Interest rates are guaranteed for the duration of the specified term. GICs are not redeemable prior to maturity.

GIC Interest

GIC interest rates quoted are per annum, with interest calculated and paid on each 12 month anniversary date, and at maturity. Interest rates are guaranteed for the duration of the specified term. GICs are not redeemable prior to maturity.

Non-Registered

The interest rate shown applies to all non-registered Daily Interest Savings Accounts.

Registered

The interest rate shown applies to all registered TFSAs, RRSPs and RRIFs.

Rate Title

Rate
Effective: 
Date
Secure your savings with confidence.

Purchase GIC

A Guaranteed Investment Certificate (GIC) is simple to purchase and you’ll earn a higher return than your Savings Account.

Estimated Interest

Estimated payment for illustration purposes only.

In the estimated interest calculation, we assume the following: (i) the stated interest rate remains constant throughout the term; (ii) interest is calculated on the investment amount without additional deposits or withdrawals; and (iii) interest is paid at the end of the term. Actual interest earned may differ and will be determined at the time of signing the GIC Agreement.