What is the maximum withdrawal limit from an ARF as a percentage of the ARF value, applicable to the open market rules?

What is the maximum withdrawal limit from an ARF as a percentage of the ARF value, applicable to the open market rules?

• A. No limit
• B. 4%
• C. 5%
• D. 6%

Answer: (A)

In an ARF, the open market option gives you flexible access to the fund, without a fixed cap on how much you can take out. There is no statutory maximum percentage of the ARF value you may withdraw under these rules. You can withdraw any amount up to the full value, subject to tax and any provider terms. In practice, you’d weigh the tax impact and the impact on future income, but the rule itself imposes no upper percentage limit.

In an ARF, the open market option gives you flexible access to the fund, without a fixed cap on how much you can take out. There is no statutory maximum percentage of the ARF value you may withdraw under these rules. You can withdraw any amount up to the full value, subject to tax and any provider terms. In practice, you’d weigh the tax impact and the impact on future income, but the rule itself imposes no upper percentage limit.