RRSP/RRIF Meltdown Strategies Ed Rempel [Video]

Ever wondered how you can get the money out of your RRSP with a minimum of tax?

RRSP/RRIF Meltdown Strategies can allow you to withdraw from your RRSP or RRIF and have very little income show on your tax return.

However, there are some tricky complications, and these strategies are not for everyone.

In my latest video, podcast and blog post, you’ll learn:

How does the RRSP/RRIF meltdown strategy help you withdraw from your RRSP with minimum tax?

Why should this strategy be called the RRIF Meltdown Strategy, not the RRSP Meltdown Strategy?

Why are self-made dividends the secret to an effective RRIF Meltdown Strategy?

What are the 4 tricky complications?

1.   Withholding tax.

2.   Rising minimum RRIF.

Be happy with the interest offsetting the RRIF withdrawal from year 1, but not the increasing RRIF withdrawals.

Get an investment loan with interest that would offset the RRIF withdrawal after 5 or 10 years, so that the strategy works effectively …