Question: what are minimum rrif payments?
Answer: Based on the new minimum withdrawal amount of 7.38%, you must withdraw at least $14,760 in 2015. This means you can leave an additional $3,780 in your RRIF to continue to grow tax-deferred. Under the new rules for 2015, when you reach age 95, the minimum amount remains at 20% until your RRIF is used up.