2019 LIF Withdrawal Rates

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Canada Revenue Agency (CRA)

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2019 LIF Minimum and Maximum Withdrawal Rates

Age as at:
Jan 1, 2019
Minimum Withdrawal Maximum Withdrawal
ON, NB, SK
NL, BC, AB
Maximum Withdrawal
QC, MB, NS
Maximum Withdrawal
Federal/PBSA
50 2.50% 6.27% 6.10% 4.49%
51 2.56% 6.31% 6.10% 4.52%
52 2.63% 6.35% 6.10% 4.56%
53 2.70% 6.40% 6.10% 4.60%
54 2.78% 6.45% 6.10% 4.64%
55 2.86% 6.51% 6.40% 4.69%
56 2.94% 6.57% 6.50% 4.74%
57 3.03% 6.63% 6.50% 4.80%
58 3.13% 6.70% 6.60% 4.86%
59 3.23% 6.77% 6.70% 4.93%
60 3.33% 6.85% 6.70% 5.00%
61 3.45% 6.94% 6.80% 5.08%
62 3.57% 7.04% 6.90% 5.16%
63 3.70% 7.14% 7.00% 5.26%
64 3.85% 7.26% 7.10% 5.36%
65 4.00% 7.38% 7.20% 5.48%
66 4.17% 7.52% 7.30% 5.61%
67 4.35% 7.67% 7.40% 5.75%
68 4.55% 7.83% 7.60% 5.91%
69 4.76% 8.02% 7.70% 6.08%
70 5.00% 8.22% 7.90% 6.28%
71 5.28% 8.45% 8.10% 6.51%
72 5.40% 8.71% 8.30% 6.77%
73 5.53% 9.00% 8.50% 7.07%
74 5.67% 9.34% 8.80% 7.42%
75 5.82% 9.71% 9.10% 7.82%
76 5.98% 10.15% 9.40% 8.29%
77 6.17% 10.66% 9.80% 8.83%
78 6.36% 11.25% 10.30% 9.46%
79 6.58% 11.96% 10.80% 10.20%
80 6.82% 12.82% 11.50% 11.10%
81 7.08% 13.87% 12.10% 12.19%
82 7.38% 15.19% 12.90% 13.56%
83 7.71% 16.90% 13.80% 15.32%
84 8.08% 19.19% 14.80% 17.67%
85 8.51% 22.40% 16.00% 20.96%
86 8.99% 27.23% 17.30% 25.89%
87 9.55% 35.29% 18.90% 34.12%
88 10.21% 51.46% 20.00% 50.59%
89 10.99% 100.00% 20.00% 100.00%
90 11.92% 100.00% 20.00% 100.00%
91 13.06% 100.00% 20.00% 100.00%
92 14.49% 100.00% 20.00% 100.00%
93 16.34% 100.00% 20.00% 100.00%
94 18.79% 100.00% 20.00% 100.00%
95 20.00% 100.00% 20.00% 100.00%

What are the Minimum LIF Withdrawal Rates?

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

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