In the Canadian federal Budget of 2007 (March 19, 2007) .. was a proposal to increase the conversion age for RPP’s and RRSP’s to 71 years of age from 69 years of age. Transitional measures will benefit individuals who turn 69, 70, and 71 in 2007.

Previously, at the end of your 69th year all retirement accounts are converted to RRIF accounts and must be withdrawn over time into income starting with your 70th year.

See more.. from the Highlights from federal Budget 2007

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I have been posting around the week of the 10th of each month a “THANK-YOU” post, like this one, to all the advertisers from the previous month listed as at month end. That’s a permanent link in this blog, under the category heading which I call .. “Sponsor Appreciation”. I know it’s hard out there trying to figure out where to spend your advertising dollars .. and well .. THANKS for considering the And You Retire blog.

I have compiled a new advertising page for the HART-Empire Network of sites for your perusal. (more…)

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