2024 RRIF Minimum Withdrawal Rates

rrif withdrawal rates

Age
At start of year
Annual Minimum Withdrawal (%)
1/(90-age) x 100
50 2.50%
51 2.56%
52 2.63%
53 2.70%
54 2.78%
55 2.86%
56 2.94%
57 3.03%
58 3.13%
59 3.23%
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%

Different rules apply for RRIFs that were set up before the end of 1992.
View pre-1992 RRIF Withdrawal Rates

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