My RRIF account holds several mutual funds. How can I take monthly income from the RRIF without dissolving the mutual funds in the RRIF?
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Our response:
Thanks for your question. Taking out the minimum withdrawal amount allowed does not dissolve a mutual fund in a Registered Retirement Income Fund (RRIF) account. Read more about how RRIFs work and making withdrawals from your RRIF.
We are not able to provide financial advice. Speak to a registered financial advisor or tax professional to learn more about making withdrawals from an RRIF.