Are minimum RRIF withdrawal rates too high?
- Posted on January 22, 2025
- By The Globe and Mail
- 3 Views
Are minimum RRIF withdrawal rates too high?
The first year that a withdrawal from an RRIF is mandatory, you must withdraw 5.42 per cent of your asset, and the minimum rate rises each year after that until it hits 20 per cent at age 95
