A Prosperity RRIF is Your Golden Ticket
A Prosperity RRIF is your golden ticket to turning savings into steady income. We’ll help you make the most of what you’ve built, with local advice that fits your retirement goals and your way of life.
Why a RRIF? Glad you asked.
When you retire (or hit age 71, whether you like it or not), the government wants you to move your Registered Retirement Savings Plan (RRSP) into a RRIF. Think of it as a transition from “saving for retirement” to “enjoying retirement” – like an RRSP in reverse. With a RRIF, you withdraw a minimum amount each year – a little slice of your nest egg – and the rest stays invested, growing tax-deferred.
Translation: You get a steady retirement paycheck while your hard-earned savings continue to grow.
The Prosperity Difference
Why pick Prosperity Credit Union over the big banks? Choosing Prosperity means choosing more than just a credit union—it means choosing people who know you, your community, and what matters most to you. We were built on the belief that financial services should feel personal, not transactional. So, while the name on the door may be new, our commitment to serving you with care, honesty, and local understanding hasn’t changed—and never will.
Tailored Advice, Right Here at Home
Our financial experts know the lay of the land – literally. Whether you’re retired from farming, teaching, or running the best bakery in town, we customize your RRIF to suite your life. No jargon, no cookie-cutter solutions – just practical advice from people who genuinely care.
Flexible Payout, Your Way
Want monthly payouts to match your bills? Prefer an annual lump sum for that winter getaway? No problem. With a RRIF from Prosperity Credit Union, you’re the boss of your withdrawals. Plus there’s no penalty if you want to take out a little extra when your grandkids find new and creative ways to spend your money.
Competitive Rates That Work for You
We offer competitive RRIF rates because your money deserves to grow as much as your retirement dreams. More growth mean more fun money for road trips, hobbies, or finally splurging on that top-self maple syrup.
Your Golden Years Deserve a Golden Plan
Retirement isn’t about pinching pennies; it’s about making memories.
If you’re ready to turn your retirement savings into a steady, reliable income stream, stop by your local Prosperity branch.
We’ll put the coffee on, and together, we’ll craft a RRIF that fits your life – no stuffy suits, no confusing fine print, just friendly, knowledgeable folks who want to see you thrive.
Manage your Account
Make payments, view your balance and manage your accounts from where you want, when you want with our easy-to-use online services.