TFSAs & RRIFs: What’s the difference between beneficiaries, successor holders and successor annuitants?
A Certified Financial Planner helps a reader understand these titles, the differences and which one is best.
RRIF
Do RRIF beneficiaries pay tax?
Is it possible to avoid tax as a RRIF beneficiary? Find out if timing could be an issue, as...
How to draw money out of your corporation in retirement
When you have money saved in a corporation, retirement planning can be a little more complicated. But it can...
After inheriting a RRIF account, how to know what you owe the taxman
Randy’s wife is the beneficiary of her late mother’s RRIF, and she wants to avoid penalties and interest on...
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Should Marcel move all his RRIF investments to a low-risk balanced fund?
He wants to lock in equity gains and reduce volatility
How to decide when to convert RRSPs to RIFFs
Bart has three RRSP accounts and wants to know how his RRIF withdrawals are calculated