Firms are refunding the 1% monthly penalty tax collected since March
Government to review impact of policy on seniors
Couples may have options for reducing taxes by keeping mandatory RRiF withdrawals low
Report calls for removal of RRSP age restrictions, reduced tax rates for RRIFs
The first boomers are entering retirement, leading to more requests for advice on RRIFs
Tax agency reports surge in questionable RRSP and RRIF tax-free withdrawal schemes
Changes “long overdue”
Almost three in 10 won't contribute this year
Taxpayers won’t face penalties if proposed change isn’t passed, CRA says
The current RRIF factors were set in 1993, and times have changed