What Is the Tax Rate on a RRIF at Death?
In Ontario, when someone dies with a registered retirement income fund (RRIF), the full fair market value of the account is added as taxable income to their final tax return.
July 10, 2025
In Ontario, when someone dies with a registered retirement income fund (RRIF), the full fair market value of the account is added as taxable income to their final tax return.
Strategic Wealth Protection Partners helps families and business owners in Ontario with comprehensive estate planning.
SWPP’s Living Estate Plan service ensures Ontario families have an estate plan or living trust that protects their assets from unnecessary taxes and fees, including probate.
16 Industrial Parkway South, Suite 609, Aurora, ON, L4G-0R4