Retirement Income Fund - RIF

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DEFINITION of 'Retirement Income Fund - RIF'

A group of investment products available to anyone as a conservative means of saving for retirement. A RIF is generally a mutual fund that is well diversified in large and mid-cap stocks and bonds. A RIF balances its portfolio to allow for moderate gains using a conservative approach to attempt to retain value while providing income to investors.

INVESTOPEDIA EXPLAINS 'Retirement Income Fund - RIF'

Retirement income funds are actively managed funds that are intended to provide conservative, moderate growth for assets tucked away for retirement purposes, such as IRAs. There is no special tax treatment for these funds despite their name; they are treated as normal mutual fund investments. As a mutual fund, they are exposed to market risk and are, therefore, not a guaranteed retirement income - although they are invested conservatively. Some types of retirement income funds pay out regular distributions, such as monthly or quarterly. This type of fund usually has a required minimum investment and will incur fees similar to other mutual fund products.

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RELATED FAQS
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    Because Social Security income does not continue indefinitely, it cannot be classified as a perpetuity. What Is a Perpetuity? A ... Read Full Answer >>
  3. What types of investments are allowed in a provident fund?

    Different provident funds have different investment rules and restrictions. The allowable investments in an Indian provident ... Read Full Answer >>
  4. How does a provident fund compare to U.S. Social Security?

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  5. How are benefits from a provident fund taxed?

    Not all provident fund benefits are treated equally, even in the same country. Thailand, for instance, has three separate ... Read Full Answer >>
  6. Are so-called self-offering and self-management covered by "Financial Instruments ...

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