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Investors and rental owners
Here is a calculation tool to help you figure out the minimum withdrawal rate. At 69 years of age, it is at 4.76 %
AMP = (value of RIF at beginning of the year) X 1 / (90 - plan holder's or spouse's age).
Here is the link to CRA for more information: Chart – Prescribed factors for AMP
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November 16, 2023
10:24 AM