RRSP/RRIF Meltdown Strategies

Описание: ♦RRSP/RRIF Meltdown Strategies♦

Ever wondered how you can get the money out of your RRSP with a minimum of tax?

RRSP/RRIF Meltdown Strategies can allow you to withdraw from your RRSP or RRIF and have very little income show on your tax return.

However, there are some tricky complications, and these strategies are not for everyone.

In my latest YouTube video you’ll learn:

How does the RRSP/RRIF meltdown strategy help you withdraw from your RRSP with minimum tax?
Why should it be called the RRIF Meltdown Strategy, not the RRSP Meltdown Strategy?
Why are self-made dividends the secret to an effective RRIF Meltdown Strategy?
What are the 4 tricky complications?
Why does the traditional RRIF Meltdown not melt your RRIF down?
What is the problem with starting it before you retire?
What is the problem with starting it when you retire?
What are the 3 main RRIF Meltdown Strategies?
What are the 6 steps to implementing the RRSP/RRIF Meltdown Strategy effectively?

Enjoy!
Ed
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⏰ TIMESTAMPS

00:00 | Introduction
00:22 | What You’ll Learn
01:13 | Key Concept: Tax Minimization
02:03 | Self-Made Dividends
03:44 | Four Tricky Complications
11:09 | Suitability Considerations
13:52 | Problems with Timing
14:43 | Three Main RRIF Meltdown Strategies
20:00 | Six Steps to Implementation
23:09 | Conclusion

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Please like, share and comment if this video has been helpful to you!

Thanks so much!
Ed Rempel
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Ed Rempel CPA, CMA, CFP is a financial blogger, fee-for-service financial planner and tax accountant with a ton of real life financial planning experience. He was awarded “Best Canadian Personal Finance Blog” by Expertido, and is the #1 financial blog in Canada for a financial planner on Hardbacon and Feedspot.

For the past 28 years, he has assisted thousands of Canadians with creating real, professional, “interactive” financial plans that earn results. Ed is known for his financial strategies, such as the Smith Manoeuvre and Lifecycle Investing strategies. He is also particularly skilled with the 8-Year GIS Strategy, a strategy to help seniors qualify for larger government pensions using effective planning & investing.