RIF MINIMUMS CALCULATOR
These RRIF calculators help you estimate required withdrawals and any withholding tax from your Registered Retirement Income Fund (RRIF). The RRIF Minimum Withdrawal Calculator shows the required annual withdrawals based on your age (or your spouse’s age), RRIF balance, and CRA’s prescribed factors. The RRIF Withholding Tax Calculator helps you estimate the tax withheld when you take more than the minimum, showing the excess amount, applicable withholding rate, and net income received. Together, these tools can give you insight into both required minimum payments and after-tax income from your RIF.
minimum rrif withdrawal calculator
RRIF WITHHOLDING TAX CALCULATOR
Use “Autofill” to compute the minimum using the age and balance you entered above.
Disclaimer: All information shown is illustrative and estimates only. This information is not intended to be comprehensive investment, tax, financial or legal advice and should not be considered as personal investment advice, an offer, or solicitation to buy and/or sell investment products. Every effort has been made to ensure accurate information has been provided, however accuracy cannot be guaranteed. Tax rules and other factors change frequently. Past investment performance does not guarantee future results. The manager accepts no responsibility for individual decisions arising from the use or reliance on the information contained herein. Please consult a portfolio manager prior to making any investment decisions.