Member Services

Make an extra RRIF withdrawal

Request a one-time extra RRIF payment withdrawal

Your RRIF provides income while sheltering your remaining RRIF savings from taxes until they are withdrawn.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.

Funds withdrawn over and above the required minimum annual payment from a RRIF will be charged withholding taxes. This amount must be held back by the plan administrator and remitted to the government on your behalf.

If you would like to request a one-time extra RRIF payment you must complete the Registered Retirement Income Fund Plan Withdrawal form.


Outlook Financial
Box 2, Station Main
Winnipeg MB R3C 2G1

For more information, visit the Government of Canada's website page, Registered Retirement Income Fund (RRIF).

Important Notes:

  • You can request extra withdrawals ¬†from your Cashable GICs (in whole or in part) any time prior to the maturity date subject to the early-withdrawal interest rate, a $1000 minimum withdrawal amount and a minimum remaining balance of $1000.
  • Your withdrawal request will be completed within 1 business day of receipt. Log in to online banking to verify your withdrawal.
  • If you provided an email address on your Registered Retirement Income Fund Plan Withdrawal form, you will receive an email confirmation once we have completed your request.
  • If you use Google Chrome you will need to disable the built-in default Google Chrome PDF viewer prior to downloading the form. For assistance with disabling the Chrome PDF Viewer please contact an Outlook Financial Representative.



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Rates effective
Nov 19, 2018

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  • 2.40% Savings Accounts
  • 2.85% 1 Year Cashable GIC
  • 3.40% 5 Year Cashable GIC
View all rates