KELLY MCCAULEY - December 13

Dec 13, 2016

By Valerie Massie

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Advocacy groups are calling for the elimination of mandatory withdrawals from Registered Retirement Income Funds (RRIFs). This, due to the fact that Canadians are living longer. As a result, Zoomer’s savings have to last longer. Conservative MP Kelly McCauley, who is sponsoring an Act designed to alter the Income Tax Act, thus allowing for a related amendment to current RRIF rules weighs in with Libby from Ottawa.

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