Registered Retirement Income Fund

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Reference no: EM133575627

Question

Johannes Gomez wants to make sure his wife, Selena, will receive the payments from his Registered Retirement Income Fund (RRIF) after his death. He also wants to ensure she is not taxed when she transfers the capital from his RRIF to an annuity after he is gone. What steps can Johannes take to achieve his objectives? Question 28 options: Johannes can name Selena as the successor annuitant of the RRIF in the RRIF contract Johannes can name Selena as the beneficiary of the RRIF in the RRIF contract All of the options will allow Johannes to achieve his objectives Johannes can name Selena as the successor annuitant of the RRIF in his will.

Reference no: EM133575627

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