Question
Mrs. Yus is 96 years old. She has a RRIF which was established in 1986. On January 1, 2016 the adjusted cost base of her
Mrs. Yus is 96 years old. She has a RRIF which was established in 1986. On January 1, 2016 the adjusted cost base of her RRIF is $50,000 and the fair market value is $62,000. Her minimum withdrawal for 2016 is:
A. $12,400
B. $10,333
C. $10,000
D. $8.333
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Passive Income
Authors: Brian Stclair
1st Edition
1539739694, 978-1539739692
