RRSP and RRIF Terms

 RRSP & RRIF Terms

Our RRSP and RRIF terms offer you long-term savings that will help you get on the road to retirement quicker and make retirement that much sweeter! You have the option to invest in one to five-year terms (or the occasional term special!) that offer our highest interest rates. Once you lock your money in, you can sit back and watch your retirement date grow closer!

  • 100% guaranteed by the Deposit Guarantee Corporation of Manitoba.
  • Interest calculated and compounded annually.
  • $1,000 minimum balance required.
  • Two-year to five-year terms non-redeemable.
  • One-year terms redeemable quarterly.

If you do think you may need your funds prior to your term maturing (say you’re on the brink of retiring?), consider a variable rate RRSP. You’ll still earn a great interest rate and save on your taxes, but your funds won’t be locked in.

If you are interested in transferring an existing RRSP to Hubert from another financial institution, please complete the RRSP / RRIF transfer form and send it to us.

Please note that when you invest in Hubert’s 2 – 5-year RRIF term deposit, you are able to withdraw from the term at any time, along with your regular yearly payment. However, you will need to submit a new designation of beneficiary form when transferring from an RRSP to an RRIF.