When must I convert my RRSP to a RRIF?
You must convert your RRSP to a Registered Retirement Income Fund (RRIF) or annuity by the end of the year in which you turn 71. Withdrawals from a RRIF are taxable as income.
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You must convert your RRSP to a Registered Retirement Income Fund (RRIF) or annuity by the end of the year in which you turn 71. Withdrawals from a RRIF are taxable as income.
Still need help? Contact us