RRSP Withdrawal Strategy: How to Beat the OAS Clawback
Reaching $1.5 million in your RRSP is a big achievement. However, your RRSP withdrawal strategy can create unexpected problems. Many Canadians do not realize that hitting this milestone can trigger extra taxes and clawbacks. As a result, retirement income can be reduced by thousands of dollars. Fortunately, understanding how RRSP withdrawals affect Old Age Security […]
