Can you change RRIF withdrawals from monthly to annually?
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Our response:
It is up to you to decide when and how often you make withdrawals from your RRIF. If you are changing the frequency of your withdrawals, or if you want to make additional withdrawals throughout the year, your financial institution may charge a fee to do so.
Speak to your registered financial advisor to learn more about making this change. Learn more about making withdrawals from your RRIF.