Reply to "What happens to your RRSPs when you die? (Canadians)"

Former Member

This is important information to pass on to Canadians, many of whom have no idea about RRSP and the tax system.They also need to know that they can withdraw a certain amount at a lower tax rate when their income is low. If they convert their RRSP to an RRIF they can withdraw monies to top up their low income. As well, they can split their income if their spouse is alive and have low income.

Thanks Amral.

10/9/1912:36 PM

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