Retirees may see new rules for RRIF

Retirees may see new rules for RRIF

Retirees may see new rules for RRIF Registered retirement income funds may be overhauled in the federal budget next week according to the Canadian Press. With Canadians living longer the rules are seen by many as outdated especially the requirement for retirees to start withdrawing money when they reach 71. Many want that to rise to 75.