The current RRIF factors were set in 1993, and times have changed
Federal government reminds investors of the possibility of making in-kind transfers
Ottawa reducing the required minimum withdrawal amount for RRIFs by 25% for 2008
Tax rules permit in-kind asset transfers
But clients must be aware that there are several conditions if the assets are to be protected in the case of bankruptcy
Advisors should be aware of new tax-free savings accounts, as well as new RRSP and RRIF rules
Experts offer strategies to help clients manage RRIFs so they minimize taxes and meet their individual goals
Association recommends two-year moratorium on minimum RRIF withdrawals
With life expectancy up and real returns down, RRIF holders face savings depletion
Net incomes lifted more than taxable incomes