The Canadian Money Roadmap

Investing Basics Part 4 - Retirement Income Accounts


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In this episode, Evan explains how Canadian retirement income accounts—RRIFs, LIFs, and PRIFs—work, covering how to convert accumulation accounts into income-producing accounts, the minimum and maximum withdrawal rules, tax implications, and province-specific regulations for managing retirement savings.

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The Canadian Money RoadmapBy Evan Neufeld, CFP®


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