This document has been updated on October 24th, 2017 and reflects the state of the Law, including draft amendments, at that date.


Registered Retirement Income Fund

The rules governing RRIFs are similar to those of RRSPs, in particular with respect to advantages and eligible and prohibited investments. Revenue accumulates tax-free and withdrawals are fully taxable. The RRIF annuitant must, each year, withdraw a minimum amount determined according to prescribed rates which vary based on the age of the annuitant or his/her spouse.

Request that the minimum amount be determined based on the age of your spouse, if he/she is younger.