
Converting Your RSP to RIF at 71
If this is the year you turn 71, you have until December 31 to wind down your RSP. You have some options: * Convert to a Retirement Income Fund (RIF) * Convert to an annuity * Withdraw the entire amount to cash * You can also have a combination of the three Whatever option you choose, keep in mind that most financial institutions...
July 20th, 2021 |
Anne Papmehl