Savings and Investment Decisions
RRIFs give you control of your savings and keep you involved in all investment decisions
With a RRIF, you retain control of your savings and remain actively involved in all investment decisions. Canada Life offers guaranteed interest accounts and segregated funds similar to those offered through your group plan.
The characteristic that differentiates segregated funds from guaranteed interest accounts is that segregated funds fluctuate based on the market values and returns of the underlying stocks or bonds. This fluctuation can impact the dollar value of your account and the amount of your payout.
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