Budget 2015 proposes to reduce the amount that seniors are required to withdraw from a Registered Retirement Income Fund (“RRIF”)

Budget 2015 proposes to reduce the amount that seniors are required to withdraw from a Registered Retirement Income Fund ("RRIF") in 2015 and subsequent taxation years. Please find below the comparison between the existing and new minimum RRIF factors. Existing and New RRIF Factors Age (at start of year) Existing [...]