RRIF – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Mon, 17 Jul 2023 21:17:56 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png RRIF – Advisor's Edge https://phoenix.advisor.ca 32 32 Why clients with large RRSPs and RRIFs might benefit from earlier withdrawals https://phoenix.advisor.ca/tax/tax-news/why-clients-with-large-rrsps-and-rrifs-might-benefit-from-earlier-withdrawals/ Tue, 11 Jul 2023 19:23:27 +0000 https://www.advisor.ca/?p=228375 Strategic withdrawals allow clients to smooth out their income levels over retirement

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]]> Tax reforms needed to Canada’s retirement regime: C.D. Howe Institute https://phoenix.advisor.ca/tax/tax-news/tax-reforms-needed-to-canadas-retirement-regime-c-d-howe-institute/ Thu, 22 Jun 2023 20:10:57 +0000 https://www.advisor.ca/?p=227054 Study argues for providing Canadians more retirement savings room, allowing OAS/CPP deferral after 70

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]]> Finance tables report reconsidering RRIF minimum withdrawal rates https://phoenix.advisor.ca/tax/tax-news/finance-tables-report-reconsidering-rrif-minimum-withdrawal-rates/ Thu, 22 Jun 2023 14:28:48 +0000 https://www.advisor.ca/?p=227039 Study examines whether assumptions that underlie RRIF withdrawal factors are still appropriate

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]]> Planners need to see ‘the bigger picture’ on RRIF withdrawals, study says https://phoenix.advisor.ca/retirement/retirement-news/fp-canada-says-planners-need-to-see-the-bigger-picture-on-rrif-withdrawals/ Wed, 26 Apr 2023 18:35:26 +0000 https://www.advisor.ca/?p=224764 Financial planners must consider the complexity of client circumstances, according to research from FP Canada's foundation

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]]> Feds should eliminate mandatory RRIF withdrawals: C.D. Howe report https://phoenix.advisor.ca/news/industry-news/feds-should-eliminate-mandatory-rrif-withdrawals-c-d-howe-report/ Wed, 12 Apr 2023 19:42:35 +0000 https://www.advisor.ca/?p=224168 Current RRIF minimum withdrawal rules put seniors at risk of outliving their savings

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]]> Industry groups call for changes to RRIF rules https://phoenix.advisor.ca/retirement/retirement-news/industry-groups-call-for-changes-to-rrif-rules/ Mon, 13 Mar 2023 20:58:57 +0000 https://www.advisor.ca/?p=222814 The Finance Department is studying RRIFs in response to a House of Commons motion

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]]> Tax-loss selling and other year-end tips https://phoenix.advisor.ca/tax/tax-news/tax-loss-selling-and-other-year-end-tips/ Tue, 13 Dec 2022 21:30:21 +0000 https://www.advisor.ca/?p=218438 Jamie Golombek reviews the strategies

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]]> What happens to non-residents’ RRSPs and RRIFs when they die? https://phoenix.advisor.ca/columnists_/wilmot-george/what-happens-to-non-residents-rrsps-and-rrifs-when-they-die/ Mon, 15 Aug 2022 20:33:28 +0000 https://www.advisor.ca/?p=212732 A client scenario illustrates whether withholding taxes apply

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]]> Beneficiary designations affirmed in Ontario court decision https://phoenix.advisor.ca/tax/estate-planning/beneficiary-designations-affirmed-in-ontario-court-decision/ Tue, 29 Jun 2021 17:26:14 +0000 https://www.advisor.ca/?p=196966 The decision in Mak (Estate) v Mak differs from the controversial Calmusky ruling

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]]> RRSPs, RRIFs and withholding taxes at death https://phoenix.advisor.ca/tax/estate-planning/rrsps-rrifs-and-withholding-taxes-at-death/ Fri, 19 Mar 2021 18:00:23 +0000 https://www.advisor.ca/?p=192833 The absence of withholding taxes can create unexpected consequences if no planning is done

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