RRIF Withdrawal Calculator
This RRIF payment calculator helps 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.
RRIF Withdrawal Calculator
RRIF Withholding Tax Calculator
Disclaimer: All information shown is illustrative and for general educational purposes only. Results are estimates and do not account for all variables. This information is not intended to be comprehensive investment, tax, financial, or legal advice, and should not be considered personal investment advice, an offer, or a solicitation to buy or sell investment products. Every effort has been made to ensure the information is accurate; however, accuracy cannot be guaranteed. Tax rules and other factors change frequently, and past performance does not guarantee future results. Investing involves risk, including the potential loss of principal. Hemisphere Capital Management Inc. accepts no responsibility for decisions made in reliance on this information. Please consult a portfolio manager before making any investment decisions. This information is intended for residents of Canada and may not apply in other jurisdictions.