You will need to visit any financial institution selling the CSB and CPB and ask them to initiate the transfer with the financial institution that is currently administering your RRSP or RRIF. You'll need to complete a transfer request (using Transfer Form T2033 or its equivalent) and the RIF purchase application form (Form #3).

Yes. You may transfer your bonds "in-kind" from The Canada RIF to other registered plans at any time. You can also redeem your Canada Savings Bonds (subject to their terms and conditions) and transfer the cash proceeds to another RRSP/RRIF. Simply contact the Trustee in writing.

You don't have to sell any of the assets in your RRSP. Assets may be transferred in kind from your RRSP to an RRIF.

Yes, but only during a bond sales campaign period (i.e. from early October to April 1). Cash received during this period will be used to purchase a compound interest CSB or CPB. Please visit your financial institution to complete the transaction.

No. The only investments permitted in The Canada RIF are Canada Savings Bonds (the CSB and CPB). Therefore only transfers (in-kind) of unmatured compound interest Canada Savings Bonds held in other RRSPs or RRIFs are allowed. Other securities must be redeemed prior to the transfer, with the cash proceeds then transferred to The Canada RIF for the purchase of a CSB and/or a CPB during a sales campaign period. Only compound interest Canada Savings Bonds can be held in The Canada RIF.

An RRSP allows you to make tax-deductible contributions to the plan in the years prior to retirement; whereas, an RRIF allows you to make withdrawals from the plan to provide income during retirement. RRIF is an investment vehicle that provides you with regular income during your retirement while still allowing tax-sheltered capital growth. It is also an effective and flexible way to withdraw cash from investments formerly held in your RRSP.

Bonds may be purchased within The Canada RSP online. The Canada RIF option, however, is only available at financial institutions.

Contact the Trustee at 1 800 575-5151, Monday to Friday, from 8 am to 8 pm, Eastern Time. The toll-free number is 1 877 899-3599 for a CSB purchased through the Payroll Savings Program.

The Canada RIF is a specially designed no-fee RRIF, eligible to hold both compound interest CSB and CPB. The Canada RIF is the plan opened when you choose the RRIF option.

Absolutely. If you have RSPs or RIFs with other financial institutions, you can transfer them to your RIF at TD Canada Trust as long as the investments held within the RSPs/RIFs have matured or are eligible for transfer.

You can view the balance of virtually any account that is part of your online relationship with a designated financial institution. However, at this time we can only provide you the transaction details for chequing, savings, credit card and investment accounts based on information available through your financial institution. If your password for this online credit card account is constant and is held at one of the designated financial institutions you can consolidate it.

Simply click on the Transfers tab and then click on the “add interbank account” option. Complete the form to add an account from another financial institution to enable an interbank transfer. You must complete a separate form for each account that you would like to set up for transferring purposes. It is important to note that you will not receive balances or account statements for these accounts. They can only be set up for the purpose of transferring funds.

No. You can only transfer existing RRSP or RRIF proceeds into The Canada RIF and hold compound interest Canada Savings Bonds (the CSB and the CPB) in this plan.

Yes. If you are currently holding a CSB or CPB within The Canada RIF, you can redeem the old series (subject to their terms and conditions) and buy the new issue within The Canada RIF during any sales period (i.e. from early October to April 1). To do this, contact the Trustee in writing.

If you transfer from one institution to another within an academic year, you should be able to receive aid at your new institution. Although you do not need to fill out the FAFSA again, you are creating a new file with the new institution.

There is a growing awareness of the tax liability on the sale of registered (RRSP and RRIF) assets at death. Of course, when the first spouse passes away the surviving spouse becomes the owner of the assets without tax implications, if they are named the beneficiary of the accounts. The problem arises at the death of the last spouse, when the registered assets must be sold.

Yes. Managed futures are an ideal way to further diversify your RRSP and offer exposure to global markets. Moreover, Tricycle provides the option of transferring your RRSP in Managed Futures Notes into a self-directed RRIF. Certain restrictions apply for meeting withdrawl requirements. Please refer to Section 6 of the RRIF application.

The Sprott Bull/Bear RSP Fund and the Sprott Opportunities RSP Fund are the only Sprott Hedge Fund strategiesis eligible for registered accounts.

An RRIF is an investment vehicle that provides you with regular income during your retirement while still allowing tax-sheltered capital growth. It is also an effective and flexible way to withdraw cash from investments formerly held in your RRSP. It provides inflation-adjusted income through your retirement or as long as you have assets in your RRIF.

When you open a Direct Savings Account you automatically have access to the Bank-to-Bank Transfer feature available through Personal Internet Banking. We will link the account from which your first deposit will be drawn to your Direct Savings Account. You can link additional accounts through Personal Internet Banking, by selecting "Bank to Bank Transfers" then "Add an account".