Schedule of minimum RIF withdrawals*
The federal government requires that holders of retirement income funds withdraw a minimum amount of retirement income from their RIFs, according to the following schedule:
| Age
(beginning of year) |
Accounts Opened On or After Jan. 1, 1993 |
Age
(beginning of year) |
Accounts Opened On or After Jan. 1, 1993 |
| To age 69 |
100 / (90 - age) |
81 years |
8.99 % |
| 69 years |
4.76% |
82 years |
9.27 % |
| 70 years |
5.00% |
83 years |
9.58 % |
| 71 years |
7.38% |
84 years |
9.93 % |
| 72 years |
7.48% |
85years |
10.33 % |
| 73 years |
7.59% |
86 years |
10.79 % |
| 74 years |
7.71% |
87 years |
11.33 % |
| 75 years |
7.85% |
88 years |
11.96 % |
| 76 years |
7.99% |
89 years |
12.71 % |
| 77 years |
8.15% |
90 years |
13.62 % |
| 78 years |
8.33% |
91 years |
14.73 % |
| 79 years |
8.53% |
92 years |
16.12 % |
| 80 years |
8.75% |
93 years |
17.92 % |
| |
|
94 or older |
20.00 % |
|
