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Title:Tax Efficient Ways to Draw Down Your RRSP or RRIF
Duration:01:02:39
Viewed:10,824
Published:18-02-2021
Source:Youtube

In this free webinar our Wealth and Estate Planning Specialist, Adam Buss, will review Tax-Efficient ways to draw down your RRSP or RRIF. I am sure we have all contributed to a RRSP at one time or another. The upfront tax deduction is nice, however, eventually that money has to be withdrawn. Whether you withdraw the funds from a RRSP, or convert the account and withdraw the funds from your RRIF, eventually the money has to come out and any withdrawal is fully taxable! Adam will discuss ways to address this issue and access the funds in a tax-efficient manner. In addition, portfolio managers, Kevin Becker and Clinton Orr will provide an update on the markets, discuss the recent mini manias and review investment strategies for turbulent times. This interactive webinar was streamed at 6:30 PM CST on Wednesday February 17, 2021. 0:00 Intro 3:47 Market Update 20:38 Common Questions 23:10 Income Splitting, CPP, and OAS 27:23 RRSP Drawdown Strategy 37:30 Drawdown Example 41:50 Implications on Lifetime Taxation and Estate 48:35 Q&A Have a question or want to review your financial plan? Chat with us! Visit: www.beckerorr.com/chat-with-us

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