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Change RRIF payment instructions
Your RRIF provides income while sheltering your remaining RRIF savings from taxes until they are withdrawn. You are required to withdraw a minimum amount from your RRIF every year, but you can withdraw more if you would like more income.
When you opened your RRIF with Outlook, you provided instructions indicating the amount of your RRIF payments and how you would like your payments distributed.
To change your RRIF payment instructions:
- Print the Update RRIF Payment Information Form.
- Complete and sign the form.
- Send the form by mail to
Outlook Financial
Box 2 Station Main
Winnipeg MB R3C 2G1
Your RRIF payment instructions will be processed within 2 business days of receipt. Please allow enough time before your next payment for the changes to take effect.
If you have provided an email address on your Update RRIF Payment Information Form, we will confirm this change by email.