Quote:
Originally Posted by albertGQ
I think the govt shouldn't punish people that have been very diligent in saving for retirement within their RSPs with clawbacks. If TFSA withdrawals don't affect OAS clawbacks, I'd like to see the same for RIF withdrawals eventually.
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Fat chance for RIF to have no clawbacks when the government is cutting down on OAS/GIS. There're a couple of high risk RRSP melt down strategies available if you have a large RRSP account. I've studied a few but it's kind of useless to plan it now when the RRSP rules could change by a lot when I retire.