Skip to content

Find a question

Can’t find what you’re looking for? Ask us a new question!

How do withdrawals from a RRIF work?



Our response:

There are two key decisions to be made with a RRIF, how much money to take out and when. There is a minimum withdrawal amount set by the federal government which increases as you get older. You can choose to make regular monthly, quarterly, semi-annual or annual withdrawals however, all withdrawals are fully taxable as income in the year withdrawn.

These previous  questions may provide further insight:

Visit to learn more about RRIFs and making withdrawals from your RRIF.

Can’t find what you’re looking for?

Copy the URL to share:

  Share the site: