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How RRIF withdrawals work when you have multiple registered accounts
withdrawals for post-secondary education. You do not need to convert your RRSP to a registered retirement income fund (RRIF) to take a withdrawal. But unless you buy an annuity or cash in your entire ...
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RRIF Payments Manager
You must convert your RRSP into a Registered Retirement Income Fund (RRIF) by Dec. 31 of the calendar year you or your spouse turns 71 and start taking withdrawals by the following year.
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FP Answers: Is there any advantage to opening a RRIF account before age 71?
Q: Is there any advantage to opening and starting a registered retirement income fund ( RRIF) account before I reach the age of 71? — Sanjay FP Answers: Sanjay, there are multiple reasons for ...