Cryptocurrency Q&A Can you deposit money into a RIF?

Can you deposit money into a RIF?

SunlitMystery SunlitMystery Mon Oct 28 2024 | 5 answers 682
I'm wondering if it's possible to make a deposit into a RIF account. I'd like to know if this is a viable option for me. Can you deposit money into a RIF?

5 answers

Carlo Carlo Wed Oct 30 2024
Contributions to RRIFs are not permitted.

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GyeongjuGloryDaysFestival GyeongjuGloryDaysFestival Wed Oct 30 2024
Certain types of pension plans can also be transferred into a RRIF.

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BlockchainWizardGuard BlockchainWizardGuard Wed Oct 30 2024
Funds can only be transferred into a RRIF from specific sources.

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KatanaSwordsmanshipSkill KatanaSwordsmanshipSkill Wed Oct 30 2024
One of these sources is an RRSP.

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SamsungShineBrightnessRadiance SamsungShineBrightnessRadiance Wed Oct 30 2024
Another acceptable source is another RRIF.

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