A self-directed RIF can be a convenient and flexible way to continue building your portfolio even after you turn 71.
- Gains can continue to grow tax-deferred in your RIF
When you convert your individual RSP to a RIF, you can still buy, sell, and hold securities according to your strategy.
- Manage your redemptions to match your needs
Any withdrawals are taxable income in the year you make the redemption.
- Set up a Withdrawal Plan
If you hold mutual funds, set up a Systematic Withdrawal Plan (SWP) for a regular monthly income stream and meet minimum RIF withdrawal requirements.
- Other Retirement Income Options
TD Direct Investing also offers a Prescribed Retirement Income Fund (PRIF)*
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