Great rate
Our rates are great at 0.35%† since September 10, 2024.
†Annual percentage yield
No minimum balance
Earn the same great rate on every dollar in your Account.
No unfair^ fees
Because we know that every penny counts, you won't pay any unfair fees or service charges while you save with us.
^Some conditions apply
What's a RIF?
With a Tangerine RIF Savings Account, you can draw the retirement income you need while enjoying the benefits of our Tangerine Savings Account.
RIF withdrawals and taxes
Understanding how taxes work with your Retirement Income Fund is crucial for effective financial planning.
Interest earned in your RIF isn't taxed. You'll have to pay income taxes on the mandatory minimum RIF Payment Amounts you'll receive every year.
You can make withdrawals on top of your minimum RIF Payment Amounts, which will be subject to government withholding taxes in addition to income taxes.
Consult with a tax professional for personalized advice based on your specific financial situation.
Your security matters
Keeping your banking info safe isn't the only thing required to keep your Accounts protected. Discover expert tips and 24/7 security features for peace of mind all year long.
Advanced encryption protects all your transactions and personal information
24/7 monitoring to detect and prevent suspicious activity
Multi-factor authentication for an extra layer of protection
