RRSP et RRIF withdrawal calculator for Canada

Quand un REER doit devenir un revenu de retraite

Les directives de l’ARC indiquent qu’un REER doit arriver à échéance au plus tard à la fin de l’année où le rentier atteint 71 ans. À l’échéance, les fonds peuvent généralement être retirés, transférés dans un FERR ou utilisés pour acheter une rente admissible. Un transfert direct REER-FERR ne crée pas en soi un revenu imposable immédiat, mais les retraits du FERR sont imposables lorsqu’ils sont versés.

Retraits minimums du FERR

A RRIF has an annual minimum payment based on age et the value of the RRIF at the beginning of the year. For standard post-1992 RRIFs, the prescribed factor is 5.28% at age 71, 5.40% at 72, 5.53% at 73 et rises with age. The exact factor should be verified against CRA’s current prescribed-factor table.

Where permitted et elected when the RRIF is established, the minimum may be based on a younger spouse or common-law partner’s age. This can reduce required withdrawals.

Pourquoi des retraits avant 71 ans peuvent parfois aider

Deferring every RRSP dollar as long as possible can create a large RRIF balance et supérieure mandatory taxable withdrawals later. In some plans, taking controlled RRSP withdrawals earlier—especially in low-income years before CPP/OAS or before large pensions begin—can reduce lifetime tax or future OAS recovery. In other plans, early withdrawals simply accelerate tax unnecessarily. The answer depends on the entire projection.

Ce que ce calculateur évalue

The planner compares tax-aware withdrawal strategies, enforces RRIF minimums, evaluates optional age-65+ RRIF-form withdrawals for pension-income treatment, et tracks the effect on lifetime tax et after-tax estate value.