Estate Planning
Dealing with a RRIF Account Upon Death
Naming a beneficiary on your RRIF account allows you to avoid probate fees as your RRIF account upon death will not be part of your estate. If you have a RRIF, it’s important to make […]
RRIF
Tax Planning
Understanding RRIF Minimum Withdrawal Rate
At the end of the year you turn 71, your RRSP matures and you must convert it to a Registered Retirement Income Fund. Each year, a minimum amount based on a percentage must be withdrawn […]