What does your RRIF have to pay out this year?
Enter your age and January 1 balance to see this year's required minimum, in dollars and per month, straight from the CRA factor schedule.
Uses the same 2026 CRA rules as the TruePath engine. Rules current as of January 2026.
Or a younger spouse's age, if you elected that when the RRIF was opened.
The market value at the start of the year sets the whole year's minimum.
| Age | Factor | Minimum |
|---|---|---|
| 71 | 5.28% | $26,400 |
| 72 | 5.4% | $27,000 |
| 73 | 5.53% | $27,650 |
| 76 | 5.98% | $29,900 |
| 81 | 7.08% | $35,400 |
In reality the balance changes every year as markets move and withdrawals come out, so each January 1 resets the calculation. Before 71 the factor follows the 1 divided by (90 minus age) formula; from 71 it follows the CRA schedule, reaching 20% at 95 and staying there.
RRIF minimum factors are set federally by the CRA and are identical in every province and territory.
What this quick tool leaves out
This shows the required minimum, not the tax on it. Every RRIF dollar is taxable income, and large balances can push later years over the OAS clawback threshold. TruePath projects the withdrawals, the tax and the clawback together, year by year.
Questions people ask
Which balance does the minimum apply to?
The RRIF's market value on January 1 of the year. Each new year recalculates from that date's balance and your age, so the dollar amount changes annually even though the schedule is fixed.
Can I use my younger spouse's age?
Yes. You can elect to base the minimums on a younger spouse's age when the RRIF is set up, which lowers the required percentage every year afterward.
Is tax withheld on the minimum?
No withholding applies to the minimum amount, but it is still fully taxable income on your return. Amounts above the minimum face withholding of 10% to 30% as a prepayment.
What if I do not need the money?
The withdrawal is mandatory but spending it is not. Many people move the after-tax amount into a TFSA, where future growth stops being taxed, or into a non-registered account.
This was the quick version. See it on your real accounts.
TruePath runs these rules across every year of your retirement, after tax, for both spouses, and explains the result in plain English. Fourteen days free.