2018 RRIF Withdrawal Rates

canada revenue agency cra
Canada Revenue Agency (CRA)

RRIF Withdrawal Calculator

Please select an item.

Please select an item.

Please select an item.

2018 RRIF Minimum Withdrawal Table

Age
(at start of year)
Factor
(%)
60 3.33%
61 3.45%
62 3.57%
63 3.70%
64 3.85%
65 4.00%
66 4.17%
67 4.35%
68 4.55%
69 4.76%
70 5.00%
71 5.28%
72 5.40%
73 5.53%
74 5.67%
75 5.82%
76 5.98%
77 6.17%
78 6.36%
79 6.58%
80 6.82%
81 7.08%
82 7.38%
83 7.71%
84 8.08%
85 8.51%
86 8.99%
87 9.55%
88 10.21%
89 10.99%
90 11.92%
91 13.06%
92 14.49%
93 16.34%
94+ 18.79%
95 & over 20.00%

What are the Minimum RRIF Withdrawal Rates?

Under the law, Canadians aged 71 must convert their RRSP into a RRIF or an annuity. Above are the minimum percentages Canadian seniors must draw down their RRIFs annually commencing no later than age of 71.

GET AN ANNUITY QUOTE RIGHT NOW

Let's start the conversation!

Call 1-877-842-3863 today to get a free annuity quote.
We compare the best annuity rates in Canada! There is no cost or obligation and your privacy is guaranteed.

Ivon T. Hughes - Annuity Broker

The Hughes Trustco Group | Website: LifeAnnuities.com | Email: info@trustco.ca | Toll Free: 877-842-3863