when do RRSP's have to be transferred to RRIF
An RRSP is required to be converted to a retirement income option such as a RRIF by December 31 of the year in which you turn 71.However, you do have the option to convert your RRSP to a RRIF at anytime before then.Also see: RRSP Strategies at age 71.n RRSP is required to be converted to a retirement income option such as a RRIF by December 31 of the year in which you turn 71.