1 RRIF Withdrawal Could Trigger a Much Bigger Tax Bill Than You Expect

A big RRIF withdrawal can trigger a double hit from income tax and an OAS clawback, so planning matters. The post 1 RRIF ...

This RRIF Tax Problem Gets More Expensive Every Year You Ignore It

A big RRSP can create an even bigger tax bill later, so planning withdrawals before 71 can reduce forced taxable income.

The 7 RRIF Tax Traps Waiting for Canadians in Their 70s

RRIF minimum withdrawals can quietly inflate a retiree’s taxable income and trigger avoidable OAS clawbacks if not planned early. The post The 7 RRIF Tax Traps Waiting for Canadians in Their 70s ...
The Globe and Mail

The CRA Checklist Every Retiree Needs to Pass

Cross one invisible Canada Revenue Agency (CRA) line and 15 cents from every extra dollar of income can start disappearing from your Old Age Security (OAS). Retirement may end the Monday commute, but ...
Money.ca on MSN

Why professionals who retire at 60 could trigger an OAS clawback they never saw coming

Mandatory RRIF withdrawals can quietly push retirement income above the CRA’s OAS clawback threshold — even for retirees who ...