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Changes to TFSAs, RRIFs coming

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Comments

Robert in Vancouver:

Increased TFSA will make more people self reliant in their retirement years instead of begging for gov’t handouts, which seems to be what Trudeau and other anti-TFSA’ers want.

Tuesday, April 21 at 7:31 pm | Reply

Ken Cossaboom:

I can find nothing in the budget comments regarding whether the withdrawal limits for RLIF’s will be reduced similar to RRIF’s. Can you advise?

Wednesday, April 22 at 11:28 am | Reply

Patrick Sullivan, CFA:

Nice to hear actual intelligent remarks like Robert in Vancouver made on the changes to the TFSA. I have been floored by the backlash of the proposed TFSA changes these past few weeks.

Wednesday, April 22 at 2:22 pm | Reply

Eve Hoch:

Regarding new mandatory RRIF amount. Is this effective next year or immediately? And if a low income senior needs more than the minimum, is there withholding tax? The information from the Feds is so sketchy!!!

Friday, May 01 at 2:30 pm | Reply

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