When you convert your RRSP into a RRIF, your investment continues to earn interest tax - free, and your only taxable portion is the amount you take out of the RRIF as income. (outlookfinancial.com)
Your total income under this strategy adds up to $ 100,000, but the potentially taxable portion is just $ 54,000 — a combination of Social Security plus the traditional IRA withdrawal. (humbledollar.com)
Additionally, as a general rule, the same taxable portion of an individual's pension for federal purposes will be taxable for Arizona purposes. (azdor.gov)