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Retirement Income Options

Understanding the government's retirement income rules


Calculation of your minimum annual RIF withdrawal is based

on your
age or your spouse's age (as of January 1st of the current calendar year) and the value of the RIF at the previous year's end. If your spouse is younger, consider using your spouse's age. This will result in a lower minimum withdrawal, allowing more of your capital to grow in a
tax-deferred
environment.

The schedule provided tells you how much your minimum RIF withdrawal will be as a percentage of the previous year-end RIF balance.

For example -- if your or your spouse's age is 65 and the value of your RIF is $100,000, the minimum amount required to be withdrawn is:

$100,000 X 0.04 = $4,000

In the example above, the remaining $96,000 continues to grow tax-deferred within your RIF, even though you withdrew some income.

For help in setting your retirement goals and understanding your retirement income options, feel free to visit any

TD Canada Trust
branch or call
1-800-560-6377
any time for more information.