View the RRIF minimum payout percentages for different ages, with the annual percentage payouts gradually increase to age 95.

May 2, 2024 · The table below includes the minimum withdrawal rates for all RRIFs set up after 1992. It shows the percentage of the account balance (at the previous year-end) that must be paid out in the...

Starting in the year after the year you establish a RRIF, you have to be paid a yearly minimum amount. The payout period under your RRIF is for your entire life.

Jun 21, 2024 · RRIFs have annual minimum withdrawals based on the age of you or your spouse or common-law partner. Find out how RRIF withdrawals work, and connect with a Sun Life advisor to …

Learn how RRIF withdrawal rules work in Canada and how age-based minimums help you manage your retirement savings and secure steady retirement income.

Jan 1, 2025 · Table showing the minimum RRIF withdrawal rates, ages 50 to 95 from Canada, as of Jan 1, 2025.

RRIF/LRIF/pRRIF/LIF/RLIF plans of every jurisdiction share the same minimum payment rates. LIF/RLIF plans have maximums that vary by jurisdiction. Prince Edward Island does not have pension legislation.

Dec 4, 2025 · The rate of RRIF withholding tax varies depending on the amount in excess of the RRIF minimum you withdraw and the province you live in. Your financial institution will withhold tax on the …

Oct 1, 2025 · Our guide will explain everything you need to know about RRIF and LIF withdrawal rates, rules for married couples, tax implications, strategies, and more. With thousands of Canadians …

Nov 21, 2023 · Although you can withdraw that money all at once, many Canadians convert their RRSP into a Registered Retirement Investment Fund (RRIF) or utilize an annuity. Let’s look at some of the …