Annual RRIF Minimum Payment Schedule & Annual LIF Withdrawal Percentages
Life Income Fund (LIF)
The maximum percentage that can be withdrawn each year from a LIF varies according to the owner’s age, current long-term interest rates and the previous year’s investment returns for the fund.
Registered Retirement Income Fund (RRIF)
The federal government requires that holders of retirement income funds withdraw a minimum amount of retirement income from their RRIFs each year, according to a set schedule.
Our Team at Alitis
Our dedicated team at Alitis has over 250 years of collective industry experience. But what makes us unique is the high level of integrity that every team member brings to the table.
Along with experience and integrity, each team member at Alitis shares the same commitment to our clients. At the end of the day, we measure our success based on the success of you reaching your financial goals.
If you’re interested in investing with Alitis, let’s have a conversation:
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