{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-19T12:14:27-04:00", "answer_date": "2024-05-19 12:14:27", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1333944", "url": "\/study-help\/questions\/your-clients-who-are-spouses-have-done-such-a-great-1333944", "question_creation_date_js": "2024-05-19T12:14:27-04:00", "question_creation_date": "May 19, 2024 12:14 PM", "meta_title": "[Solved] Your clients who are spouses have done su | SolutionInn", "meta_description": "Answer of - Your clients who are spouses have done such a great job contributing to RRSPs over the years that they have built up a | SolutionInn", "meta_keywords": "clients,spouses,great,job,contributing,rrsps,years,built,substantial,amount,rrsp,\/", "question_title_h1": "Your clients who are spouses have done such a great job contributing to RRSPs over the years that they have built up a substantial amount", "question_title": "Your clients who are spouses have done such a great job contributing", "question_title_for_js_snippet": "Your clients who are spouses have done such a great job contributing to RRSPs over the years that they have built up a substantial amount in their RRSP RRIF Accounts Please review the following information Hania age 72 (birthday March 17th) this year has an RRIF balance of $350,000 Anil age 70 (birthday May 8th) this year has an RRSP balance of $300,000 The RRIF Annual Minimum Payments are based on the following ages and percentages Age 68 4 55 Age 69 4 76 , Age 70 5 00 , Age 71 5 28 Age 72 5 40 , age 73 5 53 After discussing options with your clients their priority is to wait as long as possible to withdraw funds from their RRIF RRSP holdings, and they wanted to withdraw as little as possible What is the minimum amount that Hania will have to withdraw from her RRIF next year", "question_description": "Your clients who are spouses have done such a great job contributing to RRSPs over the years that they have built up a substantial amount in their RRSP \/ RRIF Accounts. Please review the following information: Hania age 72 (birthday March 17th) this year has an RRIF balance of $350,000 Anil age 70 (birthday May 8th) this year has an RRSP balance of $300,000 The RRIF Annual Minimum Payments are based on the following ages and percentages: Age 68.. 4.55%; Age 69.. 4.76%, Age 70.. 5.00%, Age 71.. 5.28%; Age 72.. 5.40%, age 73.. 5.53% After discussing options with your clients their priority is to wait as long as possible to withdraw funds from their RRIF \/ RRSP holdings, and they wanted to withdraw as little as possible. What is the minimum amount that Hania will have to withdraw from her RRIF next year", "transcribed_text": "", "related_book": { "title": "Cornerstones of Financial and Managerial Accounting", "isbn": "9780538751292, 324787359, 538751290, 978-0324787351", "edition": "1st Edition", "authors": "Rich Jones, Mowen, Hansen, Heitger", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/145.jpg", "uri": "\/textbooks\/cornerstones-of-financial-and-managerial-accounting-1st-edition-145", "see_more_uri": null }, "free_related_book": { "isbn": "0593520009", "uri": "\/textbooks\/stranger-things-mad-libs-world-s-greatest-word-game-1st-edition-978-0593520000-97517", "name": "Stranger Things Mad Libs World S Greatest Word Game", "edition": "" }, "question_posted": "2024-05-19 12:14:27", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/on-june-1-2020-anushka-bottle-company-sold-1000000-inlongterm-1576615", "description": "On June 1, 2020, Anushka Bottle Company sold $1,000,000 inlong-term bonds for $877,600. The bonds will mature in 10 years andhave a stated interest rate of 8% and a yield rate of 10%. Thebonds pay 1...", "stars": 0 }, { "url": "\/study-help\/questions\/world-gourmet-coffee-company-wgcc-is-a-distributor-and-processor-1823611", "description": "World Gourmet Coffee Company (WGCC) is a distributor and processor of different blends of coffee. The company buys coffee beans from around the world and roasts, blends, and packages them for resale....", "stars": 0 }, { "url": "\/study-help\/questions\/5-025-points-ebook-hint-print-references-a-20year-1462505", "description": ". 5 0.25 points eBook Hint Print References A 20??year, $1,000 par value zero??coupon rate bond is to be issued to yield 11 percent. 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Hawthorne is late making payments to the bank, and Robert Wheeler, a Federal Credit Bank vice president, is helping...", "stars": 3 }, { "url": "\/study-help\/questions\/use-the-data-provided-below-for-a-project-to-answer-8818799", "description": "Use the data provided below for a project to answer questions 6-8 Outflow: $55,000 today Inflow: Single inflow of $115,000 in 5 years Cost of capital (discount rate) of 8% Questions Homework What is...", "stars": 3 }, { "url": "\/study-help\/information-technology-management\/the-ultimate-goal-of-google-bing-and-other-consumer-search", "description": "The ultimate goal of Google, Bing, and other consumer search engines is to provide users with search listings that contain useful information on the topic of their search. What recommendations would...", "stars": 3 }, { "url": "\/study-help\/business-statistics-in-practice\/18-mutual-funds-a-mutual-fund-manager-claims-that-at-1970331", "description": "=+18. Mutual funds. 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