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Home » News & Events » Financial Planning » RRIF & LIF WITHDRAWAL LIMITS REDUCED

RRIF & LIF WITHDRAWAL LIMITS REDUCED

by Stephen MacDonald | Mar 20, 2020 | Financial Planning, News/Team Announcements | 0 comments

Magnifying glass to take a closer look at finances

As you may have seen, Finance Minister Bill Morneau announced on Wednesday that, as part of the immediate economic stimulus package, RRIF and LIF payments can be decreased by up to 25% if you so choose.

View Article: https://www.bnnbloomberg.ca/feds-lower-rrif-withdrawal-requirement-as-part-of-household-support-measures-1.1408320

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