When you open a Registered Retirement Income Fund (RRIF) your application form or RRIF contract may outline how monthly withdrawals will be made. If you do not have a copy of the application form or contract, speak to the compliance department of the institution or registered firm where you opened your RRIF. They should be able to provide you with a copy and answer your questions.
Fees and commissions you may pay will depend on the types of products you have in your RRIF. You should have disclosure about these fees and commissions from when you made your initial purchases. You can also speak to the institution or registered firm where your account is held, if you do not know where to find this disclosure.