Can a senior with a RRIF purchase WOF shares and receive the tax credits?
A registered retirement income fund (“RRIF”) is not eligible to subscribe for shares and receive a federal tax credit. If you are of RRIF eligible age, WOF can be purchased in a non-registered account with full eligibility for tax credits. Please contact your Investment Advisor for full information.
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- Can a senior with a RRIF purchase WOF shares and receive the tax credits?