GROUP RRSP WITHDRAWALS

Group RRSP Withdrawals Accumulated funds can be withdrawn from the group account any time. Withdrawal will be taxed at regular income. Usually employees has control over investment options. Sometime employer controls some of options. Each employees take risk according to their own financial requirements. Age 71 members have to transfer Group RRSP to in the RIF account or they can withdraw as cash. Employees can buy annuity as well.

Sahib Insurance & Investments  Advisors will help and guide you thru all the process