I've converted my RRSP to a RIF and I'm now receiving income from it; can I deduct the management fees for this?

[cinmcinnes]

I have retired.  My money from my RRSP was transferred to a RIF and I'm receiving monthly  income from it as well as from my LIRF.  Can I deduct these management fees?

[TurboTaxTerry · Accepted solution]

Management costs of Registered Plans are not tax deductible as the amount is subtracted from the plan and therefore reduces future taxable income.