RRIF Withdrawal CalculatorRRIF Minimum Withdrawal Table 2026: CRA Rates by Age
The RRIF minimum withdrawal is the least you must take out of a Registered Retirement Income Fund each year. Your carrier works it out by multiplying the RRIF's market value on January 1 by the prescribed factor for your age on January 1. At 72 the factor is 5.40%, so a $250,000 RRIF must pay out at least $13,500 in 2026. This table gives every factor from age 55 to 95 and older, and what it means in dollars.
RRIF minimum withdrawal rates by age
Checked against the CRA chart and Income Tax Regulations s. 7308 on October 8, 2026.
"Most RRIFs" is the CRA's "All other RRIFs" column (s. 7308(4)); "qualifying RRIFs" is s. 7308(3). Formula ages use 1 / (90 minus age); the percentages shown are rounded, but carriers use the exact fraction. The dollar columns use the "most RRIFs" factor. Download this table as CSV.
| Age on January 1 | Factor, most RRIFs | Factor, qualifying RRIFs | Minimum per $100,000 | Per $250,000 | Per $500,000 |
|---|---|---|---|---|---|
| 55 | 2.86% (1 / 35) | 2.86% (1 / 35) | $2,857.14 | $7,142.86 | $14,285.71 |
| 56 | 2.94% (1 / 34) | 2.94% (1 / 34) | $2,941.18 | $7,352.94 | $14,705.88 |
| 57 | 3.03% (1 / 33) | 3.03% (1 / 33) | $3,030.30 | $7,575.76 | $15,151.52 |
| 58 | 3.13% (1 / 32) | 3.13% (1 / 32) | $3,125.00 | $7,812.50 | $15,625.00 |
| 59 | 3.23% (1 / 31) | 3.23% (1 / 31) | $3,225.81 | $8,064.52 | $16,129.03 |
| 60 | 3.33% (1 / 30) | 3.33% (1 / 30) | $3,333.33 | $8,333.33 | $16,666.67 |
| 61 | 3.45% (1 / 29) | 3.45% (1 / 29) | $3,448.28 | $8,620.69 | $17,241.38 |
| 62 | 3.57% (1 / 28) | 3.57% (1 / 28) | $3,571.43 | $8,928.57 | $17,857.14 |
| 63 | 3.70% (1 / 27) | 3.70% (1 / 27) | $3,703.70 | $9,259.26 | $18,518.52 |
| 64 | 3.85% (1 / 26) | 3.85% (1 / 26) | $3,846.15 | $9,615.38 | $19,230.77 |
| 65 | 4.00% (1 / 25) | 4.00% (1 / 25) | $4,000.00 | $10,000.00 | $20,000.00 |
| 66 | 4.17% (1 / 24) | 4.17% (1 / 24) | $4,166.67 | $10,416.67 | $20,833.33 |
| 67 | 4.35% (1 / 23) | 4.35% (1 / 23) | $4,347.83 | $10,869.57 | $21,739.13 |
| 68 | 4.55% (1 / 22) | 4.55% (1 / 22) | $4,545.45 | $11,363.64 | $22,727.27 |
| 69 | 4.76% (1 / 21) | 4.76% (1 / 21) | $4,761.90 | $11,904.76 | $23,809.52 |
| 70 | 5.00% (1 / 20) | 5.00% (1 / 20) | $5,000.00 | $12,500.00 | $25,000.00 |
| 71 | 5.28% | 5.26% (1 / 19) | $5,280.00 | $13,200.00 | $26,400.00 |
| 72 | 5.40% | 5.40% | $5,400.00 | $13,500.00 | $27,000.00 |
| 73 | 5.53% | 5.53% | $5,530.00 | $13,825.00 | $27,650.00 |
| 74 | 5.67% | 5.67% | $5,670.00 | $14,175.00 | $28,350.00 |
| 75 | 5.82% | 5.82% | $5,820.00 | $14,550.00 | $29,100.00 |
| 76 | 5.98% | 5.98% | $5,980.00 | $14,950.00 | $29,900.00 |
| 77 | 6.17% | 6.17% | $6,170.00 | $15,425.00 | $30,850.00 |
| 78 | 6.36% | 6.36% | $6,360.00 | $15,900.00 | $31,800.00 |
| 79 | 6.58% | 6.58% | $6,580.00 | $16,450.00 | $32,900.00 |
| 80 | 6.82% | 6.82% | $6,820.00 | $17,050.00 | $34,100.00 |
| 81 | 7.08% | 7.08% | $7,080.00 | $17,700.00 | $35,400.00 |
| 82 | 7.38% | 7.38% | $7,380.00 | $18,450.00 | $36,900.00 |
| 83 | 7.71% | 7.71% | $7,710.00 | $19,275.00 | $38,550.00 |
| 84 | 8.08% | 8.08% | $8,080.00 | $20,200.00 | $40,400.00 |
| 85 | 8.51% | 8.51% | $8,510.00 | $21,275.00 | $42,550.00 |
| 86 | 8.99% | 8.99% | $8,990.00 | $22,475.00 | $44,950.00 |
| 87 | 9.55% | 9.55% | $9,550.00 | $23,875.00 | $47,750.00 |
| 88 | 10.21% | 10.21% | $10,210.00 | $25,525.00 | $51,050.00 |
| 89 | 10.99% | 10.99% | $10,990.00 | $27,475.00 | $54,950.00 |
| 90 | 11.92% | 11.92% | $11,920.00 | $29,800.00 | $59,600.00 |
| 91 | 13.06% | 13.06% | $13,060.00 | $32,650.00 | $65,300.00 |
| 92 | 14.49% | 14.49% | $14,490.00 | $36,225.00 | $72,450.00 |
| 93 | 16.34% | 16.34% | $16,340.00 | $40,850.00 | $81,700.00 |
| 94 | 18.79% | 18.79% | $18,790.00 | $46,975.00 | $93,950.00 |
| 95 or older | 20.00% | 20.00% | $20,000.00 | $50,000.00 | $100,000.00 |
How to read the table
Use your age on January 1
The factor for the whole year depends on your age in whole years at the start of the year, not your age when you take the money. If you were 71 on January 1, 2026 and turn 72 in June, your 2026 minimum uses the age 71 factor (5.28%). For most people, your age on January 1, 2026 is 2025 minus your birth year.
Withdrawals during the year do not change it
Both inputs, the January 1 value and your age on January 1, are fixed at the start of the year. Withdrawals and market moves later in the year do not change that year's minimum. Next January the carrier starts again with the new balance and the next factor.
No minimum in the year you open the RRIF
The Income Tax Act sets the minimum amount "for the year in which the fund was entered into" at "a nil amount" (s. 146.3(1), definition of "minimum amount"). The CRA's page on the minimum amount from a RRIF describes the same rule from the carrier's side: the minimum must be paid in each year after the year the RRIF is set up. Minimum payments start the following year, based on the January 1 value of that year. If you convert your RRSP in the year you turn 71, your first minimum is for the next year, and you will usually still be 71 on January 1 of that year, so the factor is 5.28%. See how to convert your RRSP to a RRIF for the deadline and the steps.
Using a younger spouse's age to lower the minimum
You can base the minimum on your spouse's or common-law partner's age instead of your own. The Income Tax Act allows this where the annuitant "so elects before any payment has been made under the fund by the carrier" (s. 146.3(1)). In practice that usually means choosing it when you set up the RRIF. If your partner is younger, the factor is lower, so less has to come out each year and more stays tax-sheltered. Read the table at their age instead of yours: with a spouse who is 65 on January 1, the factor is 4% (1 / 25) even if you are 72.
Worked example: the minimum on $250,000 at age 72
Say your RRIF is worth $250,000 on January 1, 2026, and you are 72 on that date.
- Factor at 72: 5.40%.
- Minimum for 2026: $250,000 × 5.40% = $13,500.00.
Now say you elected your spouse's age before the first payment, and your spouse is 68 on January 1. The factor is 1 / (90 minus 68) = 1 / 22, about 4.55%.
- Minimum for 2026: $250,000 ÷ 22 = $11,363.64.
The younger age leaves $2,136.36 more in the RRIF this year. Open this example in the calculator to see the year-by-year projection, or change the numbers to your own.
More worked examples
- Age 72, $250,000 on January 1: $250,000 × 5.40% = $13,500 minimum for the year, or $1,125 a month.
- Age 80, $400,000: $400,000 × 6.82% = $27,280.
- Age 65, $300,000 (an early RRIF): $300,000 ÷ (90 minus 65) = $300,000 ÷ 25 = $12,000, which is 4%.
- CRA example, age 73, $75,000: $75,000 × 5.53% = $4,147.50. This is the example the CRA uses in Example: Calculating the minimum amount.
Each January the calculation starts again with the new balance and the next factor. A balance that grows faster than the factor rises means a larger minimum the next year; a falling balance can lower it even as the factor goes up.
Why the factors rise with age
Below 71 the formula 1 / (90 minus age) would spread the money evenly to age 90: at 65 you take 1/25 of the balance, at 70 you take 1/20. From 71 the regulations switch to a fixed table that rises more gradually, from 5.28% at 71 to 18.79% at 94, and then a flat 20% every year from 95 on. Because the factor is a percentage of what is left, a RRIF taking only the minimum never runs out completely.
Qualifying and pre-1986 RRIFs
The regulations have two factor tables. Section 7308(4) covers most RRIFs. Section 7308(3) covers "qualifying" RRIFs: broadly, a RRIF set up before 1993 that has not accepted any property after 1992 other than a transfer from another qualifying RRIF. The only difference is at age 71, where a qualifying RRIF still uses the formula, 1 / 19 or about 5.26%, instead of 5.28%. From age 72 on the two columns are identical. The calculator has a qualifying RRIF option.
If you find a chart online with a separate, higher qualifying column from 72 on, it is out of date. The current regulation does not have one.
The CRA chart also has a "Pre-March 1986" column for a small number of very old RRIFs that have never been amended. Those factors are not shown here. If your RRIF dates from before 1986, ask your carrier which column applies.
Do the factors change every year?
No. The factors are set in section 7308 of the Income Tax Regulations, which was last amended in 2015 (S.C. 2015, c. 36), and they apply until the regulations change. What changes each year is your age and your January 1 balance. This page was checked against the regulations and the CRA chart on October 8, 2026.
Frequently asked questions
What is the RRIF minimum withdrawal at age 71?
5.28% of the January 1 value for most RRIFs, which is $5,280 on $100,000. Qualifying RRIFs set up before 1993 use 1 / 19 at 71, about 5.26%. From 72 on, both use the same factors.
How is the RRIF minimum withdrawal calculated?
Multiply the RRIF's fair market value on January 1 by the prescribed factor for your age on January 1. Under 71 the factor is 1 / (90 minus your age). From 71 it comes from the table in section 7308 of the Income Tax Regulations, ending at 20% from age 95.
Do I have to take a minimum in the year I open my RRIF?
No. The minimum is nil for the year the RRIF is entered into. Minimum payments start the following year.
Is tax withheld on the RRIF minimum withdrawal?
No withholding is required on the minimum. It is still taxable income, so you may owe tax on it when you file your return.
Can I use my spouse's age to lower my RRIF minimum?
Yes, if you elected it before any payment was made from the RRIF. A younger spouse's or common-law partner's age gives a lower factor and a lower minimum.
Can I withdraw more than the RRIF minimum?
Yes. You can take any amount above the minimum. Tax is withheld on the part above the minimum, and the whole withdrawal is taxable income.
Work out your own minimum
The RRIF withdrawal calculator applies the factor to your balance, handles the spouse election, the opening year and qualifying RRIFs, and projects your withdrawals year by year to age 100. It runs in your browser. If you would like a second opinion on how fast to draw your RRIF down, you can also request a free RRIF drawdown plan review from a licensed financial planner, who may pay us a referral fee (see our disclosure).
Sources
- Income Tax Regulations, section 7308: prescribed factors for qualifying RRIFs (7308(3)) and all other RRIFs (7308(4)).
- CRA, Chart: Prescribed factors.
- CRA, Minimum amount from a RRIF and Example: Calculating the minimum amount.
- Income Tax Act, section 146.3(1): definition of "minimum amount", including the nil amount for the opening year and the spouse's age election.
- CRA, Information Circular IC78-18R7, Registered Retirement Income Funds.
- CRA, Frequently asked questions (RRSPs/RRIFs), question 7: no withholding on the minimum.
Not financial advice. General information only. Your RRIF carrier calculates your actual minimum.