26 questions
SRS - Withdrawals
what is the maximum age to start the withdrawal of SRS money?
Am I allowed to reinstate the amount prematurely withdrawn and have the penalty refunded to my account?
As a foreigner or PR, with a balance in my account deemed withdrawn, if I make an actual withdrawal, will it be subject to withholding tax?
As savings withdrawn from SRS are subject to tax, would I not be paying a lot of tax when I retire?
Can a foreigner opt to leave an SRS account alone to take advantage of the 50% tax concession and not be subjected to the withdrawal penalty?
Can I make SRS withdrawals in the form of investments (i.e. transfer investments out of SRS account), and if so, how can I make such a withdrawal?
Can I spread my withdrawals over a period of time so as to enjoy the 50% tax concession?
Can I withdraw my SRS money before the age of 62?
Do I have to withdraw all my SRS funds at the end of the ten-year withdrawal period?
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