CARP calls for mandatory RRIF withdrawals to be temporarily suspended

Senior man using laptop to pay bills

As markets decline, CARP members worry about outliving their savings due to mandatory RRIF withdrawals.

In response to COVID-19, CARP is renewing its call to the federal government to remove mandatory RRIF withdrawals, at least until the pandemic has come to an end.

Seniors deserve to be in control of their retirement savings, especially during a global crisis like the COVID-19 pandemic.

More than 3 in 4 of our members support this change—it has never been more necessary than it is now.

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