You can get a Registered Retirement Income Fund (RRIF) at the same places you open a Registered Retirement Savings Plan (RRSP). This includes:

• Banks and trust companies
• Credit unions and caisses populaires
• Insurance companies
• Mutual fund companies and brokerage firms

Before you choose a plan, make sure you know the common mistakes and how to avoid them.

Remember: Your RRIF will likely play a big role in your retirement income.

Choose your plan and where you open it with care.

Content in this section is provided in partnership with the Investor Education Fund, a non-profit organization promoting financial literacy to Canadians. To find out more go to GetSmarterAboutMoney.ca.