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What is the minimum amount must withdraw from rrif

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Problem 1: Ralf is the annuitant under a non-qualifying RRIF established last year. The fair market value of the plan at the beginning of this year was $260,000. If Ralf is 68 years old, what is the MINIMUM amount he must withdraw from his RRIF before the end of this year?

a) $11,830
b) $13,728
c) $20,090
d) $22,410

Reference no: EM132768805

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