Make informed decisions with access to market data, analysis and tools on the RBC Direct Investing site. Create and track your specific investing goals, monitor your portfolio, save automatically and more—with tools and resources designed to help you succeed. Set Goals and Measure Your Success. Get help reaching your retirement, education savings, home down payment or other savings milestone by linking your goals to your accounts. With the Goal Setting tool you can define, chart and track your goals. Plus, it offers suggestions to help you reach them faster!
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Whenever used in this declaration of trust or on the Application, any capitalized terms shall have the meanings given to them below:. Declaration of Trust. The Trustee agrees to act as trustee of a Retirement Savings Plan for the Annuitant named in the Application and to administer the Property according to this Declaration of Trust. Appointment of Agent. The Trustee acknowledges and confirms that ultimate responsibility for the administration of the Plan remains with the Trustee. The Trustee will apply for registration of the Plan as a retirement savings plan pursuant to the Applicable Laws. The Annuitant or the Annuitant's Spouse may make Contributions to the Plan in such amounts as are permitted under Applicable Laws, in cash or such other property as may be permitted in the sole discretion of the Trustee.
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What is a RRIF? Each allows for tax-deferred growth, offers several investment options and is government regulated. With a RRIF, however, contributions are not allowed and you must make minimum mandatory withdrawals each year. Different rules apply for different beneficiaries so you should speak to an RBC advisor. Are there any plan administration fees associated with a RRIF?