RRIF Minimum Withdrawal The table below shows the RRIF minimum payout percentages for different ages. As you can see, the annual percentage payouts gradually increase to age 95. Age At Start Of YearRRIF Minimum Payout Percentage 654.00%
The article focuses on the findings of a study on the Canada's tax policy forcing pensioners to make minimum withdrawals from Registered Retirement Income Funds (RRIF). The study released by C.D. Howe Institute in Toronto, Ontario, states that RRIF holders are facing problems in the purchasing...