Marginal tax rates increase substantially when a spouse dies and their RIF is combined with the surviving spouse. It an also result in OAS clawback. This is wrong.
Why widows face a significant income drop and fewer tax advantages
https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-why-widows-face-a-significant-income-drop-and-fewer-tax-advantages/
In 2022, there were far more widowed women living in Canada than there were widowed men. In that year, there were about 1.59 million widowed women and about 472,170 widowed men living in Canada.
Excessive taxation on combining RIFs upon death of spouse
byu/Ok_Baby_603 intax
Posted by Ok_Baby_603