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Published: April 10, 2020

Last Updated: April 10, 2020

Under recent amendments to the Canadian Income Tax Act, a Registered Retirement Savings Plan (RRSP) can now be kept until the end of the year in which you turn 71, rather than 69 as was previously the law.

Disclaimer:

"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

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