Saturday, 7 November 2026 Newsarchy UK live index
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Finance Canada

Ottawa proposes RRSP-for-life system to replace RRIF accounts in federal budget

Ottawa proposes RRSP-for-life system to replace RRIF accounts in federal budget

The federal budget proposes replacing traditional RRIFs with an RRSP-for-life model, eliminating mandatory account conversions while keeping age-72 withdrawal rules.

Business ·7 Nov 2026, 19:43 ·Maeve Turner 4 min read