OMISTA Credit Union

A RRIF continues an RRSP beyond the age of 69 with the stipulation that the owner

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RRSP is a Gift to your Future
Know Your Goals Before You Start Investing

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withdraws a minimum annual payment from the fund. Although each withdrawal is taxable as income, RRIF funds remain tax sheltered while on deposit.

RRIFs also provide flexibility for your spouse or common-law partner to transfer funds tax-free to her/his retirement savings plan upon your death.

Competitive rates to assist in maximizing your return
Ideal for bridging income needs after early retirement
Transferable between deposit-taking financial institutions
Minimum payment amount may be calculated on younger spouse's age

We would be happy to provide financial guidance. For more information on any of our investment options, you can meet with an OMISTA Expert at any of our three branches, or your Credential Financial Strategies Inc. Representative Ozzie MacKay. To develop an investment portfolio that meets your needs and objectives, you can meet with Ozzie MacKay, our Credential Financial Strategies Representative. He can explain your options and design the most cost effective plan for you.

Credential Financial Strategies Inc. is a member company under Credential Financial Inc., offering financial planning, life insurance and investments to members of credit unions and their communities. ^®Credential is a registered mark owned by Credential Financial Inc. and is used under licence.