Re: You likely will not be penalized if you will h...
altheab
New Member

Seniors and students

Thanks for your response however I am not sure i understand the content of the last paragraph in your response.  Could you elaborate further? 

 

Also, isn't income from a RIF, company pension, and Canada Pension considered as taxable income?  Taxes are being withdrawn at source from all three.  Would not have Revenue Canada instructed my husband on his Notice of Assessment to either withdraw the funds from his RRSP, or to complete and submit a form T1-OVP?

 

Thanks!

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