RRIFs Part 2: What happens at end of life?
In our previous post RRIFs Part 1: What are they?, we covered some RRIF basics. We said that while an RRSP is designed to receive contributions, a RRIF is designed to be used only for withdrawals, with very limited exceptions. The most common exception is when a RRIF receives, aside from an RRSP rollover, a […]