313:
administer the group account. The contribution is then deposited into the employee’s individual account and invested as specified. The primary benefit with a group plan is that the employee-contributor realizes the tax savings immediately, because the income taxes his or her employer must deduct on every paycheque can be reduced. By contrast, if a taxpayer making a private contribution is not expecting to owe more than $ 3,000 ($ 1,800 in Quebec) at the end of the year, then he or she will have to wait until the end of the tax year (or even not until after that in the case of taxpayers expecting a refund) before realizing the benefit.
227:, is that business income on qualified investments, earned within an RRSP, is subject to zero tax while the income remains within the RRSP. This means that business income, for example, due to day trading within the RRSP, is not taxed, so long as the business income is due entirely to the sale of qualified investments. This is an important tax carve-out unique among registered accounts to the RRSP and the Registered Retirement Income Fund (RRIF), as, for example, in the case of the Tax Free Savings Account (TFSA), business income is taxable as personal income earned by the TFSA holder.
333:
investing its money alongside the saver's, for him to invest as he likes. They become co-owners of the account. The government's share of the account (funding plus the tax-free profits earned by it) at withdrawal fully funds the account's withdrawal tax calculated at the contribution's tax rate. So the contribution's tax reduction is never a benefit, and profits are never taxed. The withdrawal tax is conceptually an allocation of principal between owners, not a 'tax', and there is no benefit 'from deferral'.
834:
bankrupt. Another benefit is that a Dealer
Statement generated quarterly by the Mutual Fund Dealer; and Exempt Market Dealer contain all investment activity (buy, sell, switch) through that dealer for ease of tracking investments. The Dealer Statement contains all types of plans for registered investments (RRSP, RRIF, Tax-Free Savings Account, Locked-in Retirement Account, Life Income Fund) and non-registered investments thereby making it easy to track investments in one place.
956:(ITA) requirements to allow this to take place. The new registered asset could result in provincial benefits being cut off. In many cases a court application to have someone appointed guardian of the child’s property and person would be necessary to provide a legally authorized party to manage the asset if the child is deemed incompetent to do so. This possibility affects the overall estate plan and often the distribution of the estate.
892:
760:
240:
36:
721:
spousal RRSP) towards buying their residence. This loan has to be repaid within 15 years after two years of grace. Contrary to popular belief, this plan can be used more than once per lifetime, as long as the borrower did not own a residence in the previous five years, and has fully repaid any previous loans under this plan. Originally introduced in the
1190:
676:
Prior to 1991, contribution limits were calculated at 20% of the prior year's reported earned income, up to a maximum of $ 7,500 for taxfilers without an employer-sponsored registered pension plan, or $ 3,500 for taxfilers who had an employer-sponsored registered pension plan. Furthermore, any unused
404:
The 'deduction limit' is a running total calculated for the next year and printed on every notice of assessment or reassessment, provided the taxpayer is aged 71 years or younger. It is reduced by tax deductions claimed and increased by the year's contribution limit, minus any pension adjustment (PA)
230:
All withdrawals except for withdrawals due to participation in the Home Buyers' Plan and the
Lifelong Learning Plan are taxed as income when they are withdrawn. This is the same tax treatment provided to Registered Pension Plans established by employers. Preliminary tax may be withheld at withdrawal.
976:
Originally, RRSPs were limited to mostly domestic content, that is, Canadian based investments such as GICs, bonds and shares of
Canadian corporations, and mutual funds holding such assets. Non-Canadian content was limited to 10% of the plan's assets, originally measured by market value, and in 1971
691:
An account holder is able to withdraw dollars or assets from an RRSP at any age. Withholding tax is deducted by the institution managing the account. Amounts withdrawn must be included in the taxable income of that year. The tax withheld reduces the taxes owing at year end. There are two exceptions
305:
a spousal RRSP allows a higher earner, called a spousal contributor, to contribute to an RRSP in their spouse's name. In this case, it is the spouse who is the account holder. The spouse can withdraw the funds, subject to tax, after a holding period. A spousal RRSP is a means of splitting income in
866:
Intermediary accounts are essentially identical in function to nominee accounts. The reason investors would have an intermediary account instead of a nominee account has to do with the investment advisor they deal with, as advisors not aligned with a major bank or investment dealer may not have the
857:
A "self-directed" RRSP (SDRSP) is a special kind of nominee account. It is essentially a trading account at a brokerage that has tax-sheltered status. The holder of a self-directed RRSP instructs the brokerage to buy and sell securities on their behalf as with any brokerage account. The reason that
702:
On death the assets remaining in the account are withdrawn and distributed directly to the named beneficiary. They do not flow through the estate. The account is closed. Like other withdrawals, the value of the assets is included in the taxable income of the account's owner. This large lump sum
388:
Any resident of Canada who filed a tax return for the year prior to the year of the contribution, can contribute to an RRSP, up until
December 31 of the year in which the RRSP annuitant (holder) turns 71. Contributions and deductions are two different things. Contributions are usually deducted from
312:
in a group RRSP, an employer arranges for employees to make contributions, as they wish, through a schedule of regular payroll deductions. The employee can decide the size of contribution per year and the employer will deduct an amount accordingly and submit it to the investment manager selected to
984:
In 1994, the foreign content limit was raised to 20%. However, by then, mutual fund managers found a way to get around this limitation and offer unitholders exposure to foreign markets without using up any of the foreign content quota. They typically did this by holding all fund assets in
Canadian
833:
The main benefits of client-name accounts is that they do not generally incur annual fees or "exit fees", the investment is registered with the trustee in the client's name instead of the "dealer's" name and therefore, client-name investments are not subject to bankruptcy issues if the dealer goes
829:
Client-held, or client-name accounts, exist when an account holder uses their RRSP contributions to purchase an investment with a particular investment company. Each time that an individual uses RRSP contribution money to purchase an investment at a different fund company, it results in a separate
672:
RRSP contributions can be made up until and including the 60th day following
December 31 of the tax year of the contribution. For example, contributions for the 2023 tax year can be made up until and including February 29, 2024. Unused contributions carry forward until December 31 in the year the
737:
Similarly to the home buyers' plan, the Life-Long
Learning Plan (LLP) allows for temporary diversions of tax-free funds from an RRSP. This program allows individuals to borrow from an RRSP to go or return to post-secondary school. The user may withdraw up to $ 10,000 per year to a maximum of $
720:
While the original purpose of RRSPs was to help
Canadians save for retirement, it is possible to use RRSP funds to help purchase one's first home under what is known as the Home Buyers' Plan (HBP). An RRSP holder can borrow, tax-free, up to $ 35,000 from their RRSP (and another $ 35,000 from a
336:
Example: Taxpayer has a 30% combined federal-provincial marginal income tax rate and makes a $ 10,000 contribution to a registered account. Assume in this example that the taxpayer's marginal income tax rate is the same at time of withdrawal from the registered account as it was at the time of
332:
There are a few benefit factors that add to a total. The only benefit that everyone always gets is from permanently tax-free profits on after tax savings. This is the same and equal benefit as from a TFSA. The conceptual understanding is that the contribution's tax reduction is the government
837:
Generally, client-held accounts are for mutual funds and exempt products only; therefore, if an investor holds stocks and bonds along with mutual funds or exempt products, a
Nominee or Intermediary account is most beneficial for ease of tracking all types of investments in one place.
199:. Short call contracts covered by long stock ("covered calls") are eligible, however, cash secured puts (short put contracts covered by cash) are not eligible. Rules determine the maximum contributions, the timing of contributions, the assets allowed, and the eventual conversion to a
156:), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts. They were introduced in 1957 to promote savings for retirement by employees and self-employed people.
959:
Acquiring this asset may also affect the adult dependent child's eligibility for provincial assistance programs. A Henson trust may be useful for enabling the adult dependent child to receive RRSP rollovers and still be eligible for provincial social assistance programs such as
850:
or a major investment dealer, to hold a number of different investments in a single account. For example, if an individual buys investment #1 with one company and investment #2 with another, both investments are held in a single RRSP account with the nominee, a chartered bank.
408:
Since 1991, contribution limits are calculated at 18% of the prior year's reported earned income (from employment or self-employment), up to a maximum. The maximum has been rising as shown in the table below. Since 2010 it is indexed to the annual increase in the average wage.
820:
Both individual and spousal RRSPs can be held in one of three account structures. One or more of the account types below may not be an option depending on what type of investment instrument (example stocks, mutual funds, bonds) is being held inside the RRSP.
695:
Before the end of the year the account holder turns 71, the RRSP must either be cashed out or transferred to a
Registered Retirement Income Fund (RRIF) or an annuity. Until 2007, account holders were required to make this decision at age 69 rather than 71.
668:
While it is possible to contribute more than the contributor's deduction limit, it is generally not advised as any amount $ 2,000 over the deduction limit is subject to a significant penalty tax removing all benefits (1% per month on the overage amount).
968:(LBT) is a new option that may be valuable for leaving a personal trust in a will for a special needs, financially dependent child, grandchild or spouse. It has the added benefit that RRSP assets dedicated to the LBT could be protected from creditors.
706:
There are exceptions. When a spouse is the named beneficiary, the account continues, without triggering taxes, in the name of the spouse. There are also provisions for the tax-free transfer of assets to minor children, grandchildren and dependents.
222:
income, the business income is subject to taxation on the basis of the business income less the amount of business income arising from the sale of qualified investments. The effect of this rule, set out in section 146(4)(b)(i) and (ii) of the
870:
As a result, the advisor will approach an intermediary company which is able to offer the investor identical benefits as those offered by a nominee account. The two main Canadian financial institutions that offer intermediary services are
830:
client-held account being opened. For example, if an individual buys investment #1 with one company and investment #2 with another, the individual would have separate RRSP accounts held with two different companies.
1911:
299:
an individual RRSP is associated with only a single person, called an account holder. With Individual RRSPs, the account holder is also called a contributor, as only they contribute money to their RRSP.
306:
retirement: By dividing investment properties between both spouses each spouse will receive half the income, and thus the marginal tax rate will be lower than if one spouse earned all of the income.
858:
it is described as "self-directed" is that the holder of this kind of RRSP directs all the investment decisions themselves, and does not normally have the service of an investment advisor.
1871:
854:
The main benefit of a nominee account is the ability to keep track of all RRSP investments within a single account. The main detriment is that nominee accounts often incur annual fees.
1230:
377:
It is also clear that the RRSP will be advantageous to the TFSA if the taxpayer's marginal income tax rate is lower at the time of withdrawal than at the time of contribution.
374:
It is also clear that the TFSA will be advantageous to the RRSP if the taxpayer's marginal income tax rate is higher at the time of withdrawal than at the time of contribution.
1460:
1304:
1004:
In 2001, the foreign content limit was raised yet again, this time to 30%, but the prevalence of synthetic foreign funds was such as to make the limit a matter of form only.
913:
781:
257:
53:
1210:
952:
It is possible to have an RRSP roll over to an adult dependent survivor, child or grandchild, as it would to a spouse. This was made possible in 2003 and there are various
1699:
1544:
1505:
1275:
215:
payable for the year in which the contributions are claimed. The holder of the RRSP (the "annuitant") can defer the deduction due to the contribution to a later year.
1648:
2019:
1897:
1319:
703:
may result in much of its value being taxed at the top tax bracket. The liability to pay the tax lies with the estate, no matter who received the account's assets.
699:
Investments held in a RRIF continue to grow tax-free, though an obligatory minimum RRIF withdrawal amount is cashed out and sent to the account holder each year.
397:. For individuals who always claim the same deduction amount as their yearly contribution, their maximum contribution is the 'deduction limit' calculated by the
1133:
1108:(LIRA) for Locked-in Retirement Savings Plan (LRSP), Life Income Funds (LIF), Locked-In Retirement Income Funds (LRIF), Prescribed Retirement Income Fund (PRIF)
1390:
196:
677:
portion of the contribution limit could not be held for future use, and was therefore lost forever if not contributed before the 60 first days of the year.
371:
It is clear from the example, above, that so long as the taxpayer's marginal income tax rate does not change, the TFSA and RRSP produce the same results.
323:
in 2011 to create pooled retirement pension plans (PRPP). PRPPs would be aimed at employees and employers in small businesses, and at self-employed people.
1558:
100:
1993:
1117:
1069:(Vanuatu) – a compulsory savings scheme for Employees who receive a salary of Vt3, 000 or more a month, to help them financially at retirement.
72:
1967:
1904:
79:
1759:
1082:
1036:
1947:
961:
1957:
1952:
1139:
1111:
1099:
1054:
939:
807:
686:
279:
200:
168:
119:
86:
1736:
1343:
1066:
68:
345:$ 10,000 - $ 3,000 in income tax paid = $ 7,000 to contribute to TFSA as the contribution to TFSA is with after-tax income.
1026:
917:
785:
261:
57:
1674:
Directorate, Government of Canada, Canada Revenue Agency, Taxpayer Services and Debt Management Branch, Taxpayer Services.
1519:
Directorate, Government of Canada, Canada Revenue Agency, Taxpayer Services and Debt Management Branch, Taxpayer Services.
1480:
Directorate, Government of Canada, Canada Revenue Agency, Taxpayer Services and Debt Management Branch, Taxpayer Services.
1016:
1437:
725:, the initial amount that could be borrowed was $ 15,000. Seventeen years later the amount was raised to $ 25,000 in the
1942:
1724:
1105:
726:
722:
2014:
1042:
902:
770:
1748:
1932:
1675:
1155:
1030:
921:
906:
789:
774:
250:
46:
1988:
1712:
1128:
990:
986:
93:
1972:
1060:
846:
Nominee accounts are so named because individuals with this type of account nominate a nominee, usually one of
389:
taxable income in the same tax year but may be deferred by the annuitant to future years. Because Canada has a
320:
878:
The main benefits and detriments of intermediary accounts are identical as those offered by nominee accounts.
380:
Additional benefits may result from drawing funds using the Home Buyers' Plan or the Lifelong Learning Plan.
1937:
1288:
965:
1416:
1072:
398:
1481:
212:
192:
1884:
738:
20,000. The first repayment under the LLP will be due at the earliest of the following two dates.
17:
1622:
1145:
218:
Income earned on sale of qualified investments is not taxed within the RRSP. If the RRSP earns
1693:
1538:
1499:
1376:
1372:
1269:
1251:
1087:
847:
1649:"Ottawa raised the Home Buyers' Plan limit to $ 35,000 — here's how to take advantage of it"
994:
673:
annuitant reaches 71 years of age, at which point the unused contributions are cancelled.
998:
390:
164:
141:
1889:
1572:
172:
2008:
405:
and past service pension adjustment (PSPA), plus pension adjustment reversals (PAR).
394:
176:
1597:
1289:"Saving for retirement: RRSPs and RPPs" by Ernest B. Akyeampong, Statistics Canada,
195:, call and put options listed on a designated stock exchange, foreign currency, and
1123:
184:
348:$ 7,000 invested in TFSA. After 10 years, say the $ 7,000 has grown to $ 14,000.
203:(RRIF), or an annuity, or the withdrawal of all funds within the RRSP, at age 71.
745:
the second year after the last year the student was enrolled in full-time studies
891:
759:
239:
180:
35:
359:$ 10,000 invested in RRSP as the contribution to RRSP is with pre-tax income.
978:
1795:
1174:
27:
Type of financial account in Canada for holding savings and investment assets
1076:
1048:
292:
RRSP accounts can be set up with either one or two associated individuals:
1007:
In 2005, the law was changed to remove foreign content limit altogether.
872:
1843:
1150:
692:
to this process: the Home Buyers' Plan and the Lifelong Learning Plan.
264: in this section. Unsourced material may be challenged and removed.
1357:
1879:
1178:
1020:
188:
1749:
CIBC International Index RRSP Fund - semiannual report, 30 June 2008
365:
Taxpayer pays 30% tax on withdrawal, or 30% of $ 20,000 = $ 6,000.
159:
They must comply with a variety of restrictions stipulated in the
1252:"Archived – Summary Report on Retirement Income Adequacy Research"
1819:
1771:
1713:
End of RRSP limit on foreign content a test of fund firms' greed
1520:
1893:
867:
logistical ability to offer nominee accounts to their clients.
885:
753:
233:
29:
1603:. Department of Finance Canada. 25 February 1992. p. 142
1628:. Department of Finance Canada. 27 January 2009. p. 131
211:
Contributions to RRSPs are deductible from income, reducing
1760:
CIBC U.S. Index RRSP Fund - Annual report, 31 December 2007
742:
60 days after the fifth year following the first withdrawal
368:
Withdrawal net of tax = $ 20,000 - $ 6,000 = $ 14,000.
362:
After 10 years, say the $ 10,000 has grown to $ 20,000.
729:. The 2019 budget raised that amount again to $ 35,000.
393:
system, taxes are reduced at the individual's highest
1320:"Ottawa hopes pooled pension spurs retirement saving"
1981:
1925:
1371:"Different Choices Maximize the RRSP Net Benefit".
60:. Unsourced material may be challenged and removed.
1737:Feds scrap foreign content rule, raise RRSP limits
1391:"MP, DB, RRSP, DPSP, and TFSA limits and the YMPE"
1358:"Excel spreadsheet calculating different benefits"
1344:"What are net benefits ... same applies in Canada"
1250:Finance, Government of Canada, Department of.
1905:
1623:"Canada's Economic Action Plan - Budget 2009"
1482:"Death of an RRSP annuitant or a PRPP Member"
1134:Retirement compensation arrangements (Canada)
8:
1698:: CS1 maint: multiple names: authors list (
1543:: CS1 maint: multiple names: authors list (
1504:: CS1 maint: multiple names: authors list (
1274:: CS1 maint: multiple names: authors list (
1876:, Tax in Respect of Registered Investments
1211:"Registered Retirement Savings Plan (RRSP)"
1175:Canadian Income Tax Act, Section 146 – RRSP
920:. Unsourced material may be challenged and
788:. Unsourced material may be challenged and
1912:
1898:
1890:
146:régime enregistré d'épargne-retraite, REER
940:Learn how and when to remove this message
808:Learn how and when to remove this message
351:Taxpayer withdraws $ 14,000, tax-free.
280:Learn how and when to remove this message
120:Learn how and when to remove this message
411:
1676:"Repayments to your RRSP under the LLP"
1167:
1001:to obtain equivalent market exposure.
191:listed on a designated stock exchange,
2020:Tax-advantaged savings plans in Canada
1994:Registered home ownership savings plan
1920:Tax-advantaged savings plans in Canada
1691:
1536:
1521:"What is the Home Buyers' Plan (HBP)?"
1497:
1267:
1118:Registered Home Ownership Savings Plan
319:legislation was introduced during the
7:
1968:Retirement compensation arrangements
1573:"Home Buyers Plan: What is the HBP?"
918:adding citations to reliable sources
786:adding citations to reliable sources
262:adding citations to reliable sources
69:"Registered retirement savings plan"
58:adding citations to reliable sources
1083:Employees Provident Fund (Malaysia)
1037:Personal Retirement Savings Account
1011:Similar accounts in other countries
1963:Registered retirement savings plan
1948:Registered disability savings plan
962:Ontario disability support program
169:guaranteed investment certificates
134:registered retirement savings plan
25:
18:Registered Retirement Savings Plan
1958:Registered retirement income fund
1953:Registered education savings plan
1647:Golombek, Jamie (29 March 2019).
1140:Tax-free savings account (Canada)
1112:Registered education savings plan
1100:Registered retirement income fund
1055:Nippon individual savings account
687:Registered retirement income fund
201:registered retirement income fund
1725:Foreign content rule gets tossed
890:
758:
238:
163:. Qualified investments include
34:
1727:National Post, 28 February 2005
1067:Vanuatu National Provident Fund
249:needs additional citations for
45:needs additional citations for
1715:GlobeAdvisor.com, 1 March 2005
1438:"RRSPs: new rules, new growth"
1027:Self-invested personal pension
1:
1017:Individual retirement account
1943:Locked-in retirement account
1739:Advisor.ca, 23 February 2005
1559:"March 2019 budget increase"
1106:Locked-in retirement account
875:and Canadian Western Trust.
661:
655:
647:
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633:
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479:
473:
465:
459:
451:
445:
437:
431:
711:Special withdrawal programs
2036:
1933:First home savings account
1305:"Tax rates on withdrawals"
1156:First home savings account
1031:individual savings account
989:assets, and using foreign
985:treasury bills or similar
684:
1989:Quebec Stock Savings Plan
1318:Bill Curry (2011-11-17).
1129:Saskatchewan Pension Plan
848:Canada's five major banks
328:Benefits from tax savings
1973:Tax-free savings account
1061:Mandatory Provident Fund
321:41st Canadian parliament
1938:Individual pension plan
1772:"KiwiSaver - KiwiSaver"
1655:. Postmedia Network Inc
1191:"Qualified Investments"
187:, common and preferred
150:retirement savings plan
1417:"Excess contributions"
1073:Central Provident Fund
1033:(ISA) (United Kingdom)
966:lifetime benefit trust
733:Lifelong learning plan
197:labour-sponsored funds
145:
1885:Canada Revenue Agency
1776:www.kiwisaver.govt.nz
1577:Canadian Finance Blog
1231:"RRSP - Contributing"
862:Intermediary accounts
399:Canada Revenue Agency
193:exchange-traded funds
1844:"KWSP – Home – KWSP"
1395:Government of Canada
991:equity index futures
914:improve this section
825:Client-held accounts
782:improve this section
258:improve this article
54:improve this article
1820:"CPFB Members Home"
723:1992 federal budget
715:
424:Contribution limit
418:Contribution limit
2015:Pensions in Canada
1561:. 11 October 2005.
1461:"RRSP Withdrawals"
1397:. 17 November 2022
1324:The Globe and Mail
1146:Taxation in Canada
977:changed to 10% of
2002:
2001:
1680:www.cra-arc.gc.ca
1653:financialpost.com
1598:"The Budget 1992"
1525:www.cra-arc.gc.ca
1486:www.cra-arc.gc.ca
1088:Pensions in Chile
995:forward contracts
950:
949:
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750:Account structure
716:Home buyers' plan
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1039:(PRSA) (Ireland)
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938:
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931:
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894:
886:
842:Nominee accounts
813:
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802:
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793:
762:
754:
412:
337:contribution:
297:Individual RRSP:
285:
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242:
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165:savings accounts
125:
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111:
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62:
38:
30:
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2005:
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1998:
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1918:
1868:
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1851:
1848:www.kwsp.gov.my
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1800:www.mpfa.org.hk
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1596:
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1370:
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1209:
1208:
1204:
1195:
1193:
1189:
1188:
1184:
1173:
1169:
1164:
1096:
1023:(United States)
1013:
997:with a similar
987:cash equivalent
974:
972:Foreign content
946:
935:
929:
926:
911:
895:
884:
864:
844:
827:
814:
803:
797:
794:
779:
763:
752:
735:
718:
713:
689:
683:
391:progressive tax
386:
330:
286:
275:
269:
266:
255:
243:
209:
126:
115:
109:
106:
63:
61:
51:
39:
28:
23:
22:
15:
12:
11:
5:
2033:
2031:
2023:
2022:
2017:
2007:
2006:
2000:
1999:
1997:
1996:
1991:
1985:
1983:
1979:
1978:
1976:
1975:
1970:
1965:
1960:
1955:
1950:
1945:
1940:
1935:
1929:
1927:
1923:
1922:
1919:
1917:
1916:
1909:
1902:
1894:
1888:
1887:
1882:
1874:Income Tax Act
1867:
1866:External links
1864:
1861:
1860:
1835:
1824:www.cpf.gov.sg
1811:
1787:
1763:
1752:
1741:
1729:
1717:
1705:
1666:
1639:
1614:
1589:
1564:
1550:
1511:
1472:
1452:
1428:
1407:
1382:
1363:
1349:
1335:
1310:
1296:
1281:
1242:
1222:
1202:
1182:
1166:
1165:
1163:
1160:
1159:
1158:
1153:
1148:
1143:
1137:
1131:
1126:
1121:
1115:
1109:
1103:
1095:
1092:
1091:
1090:
1085:
1080:
1070:
1064:
1058:
1057:(NISA) (Japan)
1052:
1046:
1043:Superannuation
1040:
1034:
1024:
1012:
1009:
999:notional value
973:
970:
954:Income Tax Act
948:
947:
898:
896:
889:
883:
880:
863:
860:
843:
840:
826:
823:
816:
815:
766:
764:
757:
751:
748:
747:
746:
743:
734:
731:
717:
714:
712:
709:
682:
679:
664:
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636:
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632:
629:
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531:
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517:
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510:
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454:
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430:
426:
425:
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419:
416:
385:
382:
329:
326:
325:
324:
314:
307:
300:
288:
287:
246:
244:
237:
225:Income Tax Act
208:
205:
177:mortgage loans
161:Income Tax Act
128:
127:
42:
40:
33:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
2032:
2021:
2018:
2016:
2013:
2012:
2010:
1995:
1992:
1990:
1987:
1986:
1984:
1980:
1974:
1971:
1969:
1966:
1964:
1961:
1959:
1956:
1954:
1951:
1949:
1946:
1944:
1941:
1939:
1936:
1934:
1931:
1930:
1928:
1924:
1915:
1910:
1908:
1903:
1901:
1896:
1895:
1892:
1886:
1883:
1881:
1877:
1875:
1870:
1869:
1865:
1849:
1845:
1839:
1836:
1825:
1821:
1815:
1812:
1801:
1797:
1791:
1788:
1777:
1773:
1767:
1764:
1761:
1756:
1753:
1750:
1745:
1742:
1738:
1733:
1730:
1726:
1721:
1718:
1714:
1709:
1706:
1701:
1695:
1681:
1677:
1670:
1667:
1654:
1650:
1643:
1640:
1624:
1618:
1615:
1599:
1593:
1590:
1578:
1574:
1568:
1565:
1560:
1554:
1551:
1546:
1540:
1526:
1522:
1515:
1512:
1507:
1501:
1487:
1483:
1476:
1473:
1462:
1456:
1453:
1439:
1432:
1429:
1418:
1411:
1408:
1396:
1392:
1386:
1383:
1378:
1374:
1367:
1364:
1359:
1353:
1350:
1345:
1339:
1336:
1325:
1321:
1314:
1311:
1306:
1300:
1297:
1294:
1293:, Summer 1999
1292:
1285:
1282:
1277:
1271:
1257:
1256:www.fin.gc.ca
1253:
1246:
1243:
1232:
1226:
1223:
1212:
1206:
1203:
1192:
1186:
1183:
1180:
1176:
1171:
1168:
1161:
1157:
1154:
1152:
1149:
1147:
1144:
1141:
1138:
1135:
1132:
1130:
1127:
1125:
1122:
1119:
1116:
1113:
1110:
1107:
1104:
1101:
1098:
1097:
1093:
1089:
1086:
1084:
1081:
1078:
1074:
1071:
1068:
1065:
1062:
1059:
1056:
1053:
1051:(New Zealand)
1050:
1047:
1044:
1041:
1038:
1035:
1032:
1028:
1025:
1022:
1018:
1015:
1014:
1010:
1008:
1005:
1002:
1000:
996:
992:
988:
982:
980:
971:
969:
967:
963:
957:
955:
944:
941:
933:
923:
919:
915:
909:
908:
904:
899:This section
897:
893:
888:
887:
882:RRSP rollover
881:
879:
876:
874:
868:
861:
859:
855:
852:
849:
841:
839:
835:
831:
824:
822:
812:
809:
801:
791:
787:
783:
777:
776:
772:
767:This section
765:
761:
756:
755:
749:
744:
741:
740:
739:
732:
730:
728:
724:
710:
708:
704:
700:
697:
693:
688:
680:
678:
674:
670:
658:
652:
651:
644:
638:
637:
630:
624:
623:
616:
610:
609:
602:
596:
595:
588:
582:
581:
574:
568:
567:
560:
554:
553:
546:
540:
539:
532:
526:
525:
518:
512:
511:
504:
498:
497:
490:
484:
483:
476:
470:
469:
462:
456:
455:
448:
442:
441:
434:
428:
427:
423:
420:
417:
414:
413:
410:
406:
402:
400:
396:
395:marginal rate
392:
383:
381:
378:
375:
372:
369:
366:
363:
360:
357:
356:
352:
349:
346:
343:
342:
338:
334:
327:
322:
318:
315:
311:
308:
304:
303:Spousal RRSP:
301:
298:
295:
294:
293:
284:
281:
273:
263:
259:
253:
252:
247:This section
245:
241:
236:
235:
232:
228:
226:
221:
216:
214:
206:
204:
202:
198:
194:
190:
186:
185:income trusts
182:
178:
174:
170:
166:
162:
157:
155:
151:
147:
143:
139:
135:
124:
121:
113:
102:
99:
95:
92:
88:
85:
81:
78:
74:
71: –
70:
66:
65:Find sources:
59:
55:
49:
48:
43:This article
41:
37:
32:
31:
19:
1962:
1873:
1852:. Retrieved
1847:
1838:
1827:. Retrieved
1823:
1814:
1803:. Retrieved
1799:
1790:
1779:. Retrieved
1775:
1766:
1755:
1744:
1732:
1720:
1708:
1683:. Retrieved
1679:
1669:
1659:17 September
1657:. Retrieved
1652:
1642:
1632:17 September
1630:. Retrieved
1617:
1607:17 September
1605:. Retrieved
1592:
1581:. Retrieved
1579:. 2016-03-24
1576:
1567:
1553:
1528:. Retrieved
1524:
1514:
1489:. Retrieved
1485:
1475:
1464:. Retrieved
1455:
1444:. Retrieved
1431:
1420:. Retrieved
1410:
1399:. Retrieved
1394:
1385:
1366:
1352:
1338:
1327:. Retrieved
1323:
1313:
1299:
1291:Perspectives
1290:
1284:
1259:. Retrieved
1255:
1245:
1234:. Retrieved
1225:
1214:. Retrieved
1205:
1194:. Retrieved
1185:
1170:
1124:Henson trust
1006:
1003:
983:
975:
958:
953:
951:
936:
930:January 2016
927:
912:Please help
900:
877:
869:
865:
856:
853:
845:
836:
832:
828:
819:
804:
798:January 2016
795:
780:Please help
768:
736:
719:
705:
701:
698:
694:
690:
675:
671:
667:
407:
403:
387:
384:Contributing
379:
376:
373:
370:
367:
364:
361:
358:
354:
353:
350:
347:
344:
340:
339:
335:
331:
317:Pooled RRSP:
316:
309:
302:
296:
291:
276:
270:January 2016
267:
256:Please help
251:verification
248:
229:
224:
219:
217:
210:
181:mutual funds
160:
158:
153:
149:
137:
133:
131:
116:
110:January 2016
107:
97:
90:
83:
76:
64:
52:Please help
47:verification
44:
1063:(Hong Kong)
1045:(Australia)
1029:(SIPP) and
964:(ODSP). A
727:2009 budget
681:Withdrawals
310:Group RRSP:
2009:Categories
1982:Historical
1854:2018-10-15
1850:(in Malay)
1829:2018-10-15
1805:2018-10-10
1781:2018-10-10
1685:2017-02-28
1583:2017-02-28
1530:2017-02-28
1491:2017-02-28
1466:2024-07-29
1446:2022-03-29
1422:2012-02-08
1401:2023-08-26
1329:2011-12-02
1261:2017-02-28
1236:2024-07-29
1216:2024-07-29
1196:2024-07-29
1162:References
1019:(IRA) and
979:book value
685:See also:
213:income tax
80:newspapers
1872:Canadian
1436:StatCan.
1077:Singapore
1049:KiwiSaver
901:does not
769:does not
662:$ 31,560
656:$ 19,000
648:$ 30,780
642:$ 18,000
634:$ 29,210
628:$ 16,500
620:$ 27,830
614:$ 15,500
606:$ 27,230
600:$ 14,500
592:$ 26,500
586:$ 13,500
578:$ 26,230
572:$ 13,500
564:$ 26,010
558:$ 13,500
550:$ 25,370
544:$ 13,500
536:$ 24,930
530:$ 13,500
522:$ 24,270
516:$ 13,500
508:$ 23,820
502:$ 13,500
494:$ 22,970
488:$ 14,500
480:$ 22,450
474:$ 13,500
466:$ 22,000
460:$ 12,500
452:$ 21,000
446:$ 12,500
438:$ 20,000
432:$ 11,500
1694:cite web
1539:cite web
1500:cite web
1270:cite web
1094:See also
873:B2B Bank
355:To RRSP:
341:To TFSA:
220:business
207:Taxation
171:(GICs),
1926:Current
1377:3240046
1151:Pension
1120:(RHOSP)
922:removed
907:sources
790:removed
775:sources
94:scholar
1880:CanLII
1796:"MPFA"
1375:
1179:CanLII
1142:(TFSA)
1114:(RESP)
1102:(RRIF)
1021:401(k)
189:shares
148:), or
142:French
96:
89:
82:
75:
67:
1626:(PDF)
1601:(PDF)
1441:(PDF)
1415:CRA.
1136:(RCA)
659:2024
653:2007
645:2023
639:2006
631:2022
625:2005
617:2021
611:2004
603:2020
597:2003
589:2019
583:2002
575:2018
569:2001
561:2017
555:2000
547:2016
541:1999
533:2015
527:1998
519:2014
513:1997
505:2013
499:1996
491:2012
485:1995
477:2011
471:1994
463:2010
457:1993
449:2009
443:1992
435:2008
429:1991
421:Year
415:Year
173:bonds
101:JSTOR
87:books
1878:via
1700:link
1661:2020
1634:2020
1609:2020
1545:link
1506:link
1373:SSRN
1276:link
1177:via
905:any
903:cite
773:any
771:cite
138:RRSP
73:news
993:or
916:by
784:by
260:by
154:RSP
140:) (
56:by
2011::
1846:.
1822:.
1798:.
1774:.
1696:}}
1692:{{
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1857:.
1832:.
1808:.
1784:.
1702:)
1688:.
1663:.
1636:.
1611:.
1586:.
1547:)
1533:.
1508:)
1494:.
1469:.
1449:.
1425:.
1404:.
1379:.
1360:.
1346:.
1332:.
1307:.
1278:)
1264:.
1239:.
1219:.
1199:.
1079:)
1075:(
943:)
937:(
932:)
928:(
924:.
910:.
811:)
805:(
800:)
796:(
792:.
778:.
283:)
277:(
272:)
268:(
254:.
152:(
136:(
123:)
117:(
112:)
108:(
98:·
91:·
84:·
77:·
50:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
