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by Edward
Mon Nov 01, 2004 4:18 pm
Forum: Canada / United States Tax & Accounting
Topic: Please read/post about RRSP in US Here!!!
Replies: 59
Views: 56758

ALL I CAN TELL YOU IF IT IS A RRIF YOU CAN TAKE OUT ON A PERIODIC BASIS 2X THE MINIMUM ALLOWABLE AT TAX RATE OF 15% INSTEAD OF THE 25% ON A LUMP SUM. WHAT YOU COULD DO UNDER THIS PLAN WOULD BE TO TAKE OUT YOUR MINIMUM AT 15% THEN THE BALANCE IN A LUMP AT 25%.