2020 RRIF Calculator
IMPORTANT NEWS: The federal government is reducing the minimum withdrawal rate from RRIFs in 2020 by 25%.
RRIF Withdrawal Calculator
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 71.