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MAXA RRIF Accounts

Our Registered Retirement Income Funds Savings Account offers you a convenient way to transfer your registered savings to RRIFs at any time. However, if you are turning 71 and you've been saving your money in RRSPs, pension funds or other registered plans, you are required to convert those registered savings by the end of the year you turn 71.

In conjunction with your RRIF application you will complete a CU RRIF Deposit Form. Here you will indicate to MAXA Financial how you would like to receive your required payment.  You must at least receive the basic minimum each year. Your payment stream will automatically be taken from your lowest interest-bearing RRIF account and transfer to your MAXA Savings Account for easy access by cheque or ATM.

Each year you will have the opportunity to amend your payment stream. More than one change per year may result in a service fee. Additionally you may make one lump sum withdrawal from your MAXA RRIF Savings per year, additional lump sum withdrawals may result in a service fee.


  • No minimum balance required
  • No maintenance fee
  • Interest calculated on daily closing balance and paid monthly
  • Account information available online or by phone anytime


Our RRIF GICs offer substantially better rates than comparable RRIF GICs elsewhere.

  • Minimum deposit of $500.00
  • Terms of 1 to 5 years
  • Interest compounded or paid annually to your MAXA RRIF Savings Account
  • Account information available online of by phone anytime
  • All GICs are non-redeemable prior to maturity.

Terms & Conditions of Investments

Note: At maturity, MAXA RRIF GICs will automatically roll into your MAXA RRIF Savings account. For assistance to purchase your new registered GIC investment, please contact MAXA Financial.



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