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This calculator will help you determine the minimum you must withdraw from your RRIF Savings each year, depending on your age. |
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Enter your RRIF Savings Amount and your Age. Your "Minimum Annual Withdrawal" will be Calculated for you. |
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| Best rates based on a minimum $5000 investment.(7/24/2008) |
| Term |
Average Big 5 Rate |
GIC Direct's Best Rate |
| 1 yr |
2.25% |
4.05% |
| 2 yrs |
2.60% |
4.41% |
| 3 yrs |
2.85% |
4.60% |
| 4 yrs |
2.95% |
4.70% |
| 5 yrs |
3.20% |
4.76% |
| 'Big 5' refers to average rates taken from
BMO, ScotiaBank, CIBC, Royal Bank, and TD for respective terms. |
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| Best rates based on a minimum $5000 investment.(7/24/2008) |
| Term |
Big 5's Best Rate |
GIC Direct's Best Rate |
| 1 yr |
2.25% |
3.96% |
| 2 yrs |
2.60% |
4.40% |
| 3 yrs |
2.85% |
4.60% |
| 4 yrs |
2.95% |
4.70% |
| 5 yrs |
3.20% |
4.75% |
| 'Big 5' refers to average rates taken from
BMO, ScotiaBank, CIBC, Royal Bank, and TD for respective terms. |
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