Changing a RRSP account to a RRIF account

limey66ca
limey66ca Member
How do I go about changing my RRSP account to a RRIF account now that it has been converted.

Answers

  • Frankx
    Frankx SuperUser ✭✭✭✭✭
    Hi @limey66ca,

    Here's a two-pager that was developed by a well known bank and provides some good info on the conversion LINK.  I believe you could talk to the institution that holds your RRSP, or find another institution, as they appear to be many qualified institutions.

    Good luck.

    Frankx

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  • Valderi
    Valderi Member ✭✭✭✭
    You can create a new RRIF account and transfer your money from your RRSP with the same operations your bank did. But for me, I simply changed my account name and number. That's it. I found it more easy that way.
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