Measure no longer required given market performance, Finance says
“These are bigger worries right now for the government than a comprehensive tax reform": Golombek
Advocacy group says the increase shouldn't be limited to seniors 75 and over
Suggestions include eliminating GST/HST on investment fund management fees, raising RRIF conversion age and more
Still, tax advisors suggest that some clients continue to wait to make mandatory minimum withdrawal
Retirees who don't need the cash flow should wait for details on Liberals' temporary measure to reduce mandatory minimum withdrawals
Tax experts weigh in on Canada First Reinvestment Tax Cut and other election promises
Liberals pledge 25% reduction in minimum withdrawal amount for one year
The industry organization is pushing federal parties to tweak retirement savings rules to reflect current 'economic realities'
Use these tips for greater flexibility with assets from a life income fund