302:
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.
216:, 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.
322:
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'.
823:
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.
945:(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.
881:
749:
229:
25:
710:
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
1179:
665:
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
393:
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)
219:
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.
965:
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
680:
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
294:
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
855:
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
846:
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
691:
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
377:
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
301:
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
973:
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
822:
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
818:
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
661:
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
726:
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 $
709:
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
325:
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
321:
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
826:
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.
188:. 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
145:), 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.
948:
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
839:
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.
397:
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.
809:
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.
684:
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.
657:
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).
957:(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.
695:
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.
211:
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
859:
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
819:
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.
1900:
288:
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.
295:
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.
847:
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.
1860:
843:
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.
1219:
366:
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.
363:
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.
1449:
1293:
993:
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.
902:
770:
246:
42:
1199:
941:
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
1688:
1533:
1494:
1264:
204:
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.
1637:
2008:
1886:
1308:
692:
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.
688:
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.
386:. For individuals who always claim the same deduction amount as their yearly contribution, their maximum contribution is the 'deduction limit' calculated by the
1122:
1097:(LIRA) for Locked-in Retirement Savings Plan (LRSP), Life Income Funds (LIF), Locked-In Retirement Income Funds (LRIF), Prescribed Retirement Income Fund (PRIF)
1379:
185:
666:
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.
360:
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.
312:
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.
1547:
89:
1982:
1106:
1058:(Vanuatu) – a compulsory savings scheme for Employees who receive a salary of Vt3, 000 or more a month, to help them financially at retirement.
61:
1956:
1893:
68:
1748:
1071:
1025:
1936:
950:
1946:
1941:
1128:
1100:
1088:
1043:
928:
796:
675:
268:
189:
157:
108:
75:
1725:
1332:
1055:
57:
334:$ 10,000 - $ 3,000 in income tax paid = $ 7,000 to contribute to TFSA as the contribution to TFSA is with after-tax income.
1015:
906:
774:
250:
46:
1663:
Directorate, Government of Canada, Canada Revenue Agency, Taxpayer Services and Debt Management Branch, Taxpayer Services.
1508:
Directorate, Government of Canada, Canada Revenue Agency, Taxpayer Services and Debt Management Branch, Taxpayer Services.
1469:
Directorate, Government of Canada, Canada Revenue Agency, Taxpayer Services and Debt Management Branch, Taxpayer Services.
1005:
1426:
714:, the initial amount that could be borrowed was $ 15,000. Seventeen years later the amount was raised to $ 25,000 in the
1931:
1713:
1094:
715:
711:
2003:
1031:
891:
759:
1737:
1921:
1664:
1144:
1019:
910:
895:
778:
763:
239:
35:
1977:
1701:
1117:
979:
975:
82:
1961:
1049:
835:
Nominee accounts are so named because individuals with this type of account nominate a nominee, usually one of
378:
taxable income in the same tax year but may be deferred by the annuitant to future years. Because Canada has a
309:
867:
The main benefits and detriments of intermediary accounts are identical as those offered by nominee accounts.
369:
Additional benefits may result from drawing funds using the Home Buyers' Plan or the Lifelong Learning Plan.
1926:
1277:
954:
1405:
1061:
387:
1470:
201:
181:
1873:
727:
20,000. The first repayment under the LLP will be due at the earliest of the following two dates.
1611:
1134:
207:
Income earned on sale of qualified investments is not taxed within the RRSP. If the RRSP earns
1682:
1527:
1488:
1365:
1361:
1258:
1240:
1076:
836:
1638:"Ottawa raised the Home Buyers' Plan limit to $ 35,000 — here's how to take advantage of it"
983:
662:
annuitant reaches 71 years of age, at which point the unused contributions are cancelled.
987:
379:
153:
130:
1878:
1561:
161:
1997:
394:
and past service pension adjustment (PSPA), plus pension adjustment reversals (PAR).
383:
165:
1586:
1278:"Saving for retirement: RRSPs and RPPs" by Ernest B. Akyeampong, Statistics Canada,
184:, call and put options listed on a designated stock exchange, foreign currency, and
1112:
173:
337:$ 7,000 invested in TFSA. After 10 years, say the $ 7,000 has grown to $ 14,000.
192:(RRIF), or an annuity, or the withdrawal of all funds within the RRSP, at age 71.
734:
the second year after the last year the student was enrolled in full-time studies
880:
748:
228:
169:
24:
348:$ 10,000 invested in RRSP as the contribution to RRSP is with pre-tax income.
967:
1784:
1163:
16:
Type of financial account in Canada for holding savings and investment assets
1065:
1037:
281:
RRSP accounts can be set up with either one or two associated individuals:
996:
In 2005, the law was changed to remove foreign content limit altogether.
861:
1832:
1139:
681:
to this process: the Home Buyers' Plan and the Lifelong Learning Plan.
253: in this section. Unsourced material may be challenged and removed.
1346:
1868:
1167:
1009:
177:
1738:
CIBC International Index RRSP Fund - semiannual report, 30 June 2008
354:
Taxpayer pays 30% tax on withdrawal, or 30% of $ 20,000 = $ 6,000.
148:
They must comply with a variety of restrictions stipulated in the
1241:"Archived – Summary Report on Retirement Income Adequacy Research"
1808:
1760:
1702:
End of RRSP limit on foreign content a test of fund firms' greed
1509:
1882:
856:
logistical ability to offer nominee accounts to their clients.
874:
742:
222:
18:
1592:. Department of Finance Canada. 25 February 1992. p. 142
1617:. Department of Finance Canada. 27 January 2009. p. 131
200:
Contributions to RRSPs are deductible from income, reducing
1749:
CIBC U.S. Index RRSP Fund - Annual report, 31 December 2007
731:
60 days after the fifth year following the first withdrawal
357:
Withdrawal net of tax = $ 20,000 - $ 6,000 = $ 14,000.
351:
After 10 years, say the $ 10,000 has grown to $ 20,000.
718:. The 2019 budget raised that amount again to $ 35,000.
382:
system, taxes are reduced at the individual's highest
1309:"Ottawa hopes pooled pension spurs retirement saving"
1970:
1914:
1360:"Different Choices Maximize the RRSP Net Benefit".
49:. Unsourced material may be challenged and removed.
1726:Feds scrap foreign content rule, raise RRSP limits
1380:"MP, DB, RRSP, DPSP, and TFSA limits and the YMPE"
1347:"Excel spreadsheet calculating different benefits"
1333:"What are net benefits ... same applies in Canada"
1239:Finance, Government of Canada, Department of.
1894:
1612:"Canada's Economic Action Plan - Budget 2009"
1471:"Death of an RRSP annuitant or a PRPP Member"
1123:Retirement compensation arrangements (Canada)
8:
1687:: CS1 maint: multiple names: authors list (
1532:: CS1 maint: multiple names: authors list (
1493:: CS1 maint: multiple names: authors list (
1263:: CS1 maint: multiple names: authors list (
1865:, Tax in Respect of Registered Investments
1200:"Registered Retirement Savings Plan (RRSP)"
1164:Canadian Income Tax Act, Section 146 – RRSP
909:. Unsourced material may be challenged and
777:. Unsourced material may be challenged and
1901:
1887:
1879:
135:régime enregistré d'épargne-retraite, REER
929:Learn how and when to remove this message
797:Learn how and when to remove this message
340:Taxpayer withdraws $ 14,000, tax-free.
269:Learn how and when to remove this message
109:Learn how and when to remove this message
400:
1665:"Repayments to your RRSP under the LLP"
1156:
990:to obtain equivalent market exposure.
180:listed on a designated stock exchange,
2009:Tax-advantaged savings plans in Canada
1983:Registered home ownership savings plan
1909:Tax-advantaged savings plans in Canada
1680:
1525:
1510:"What is the Home Buyers' Plan (HBP)?"
1486:
1256:
1107:Registered Home Ownership Savings Plan
308:legislation was introduced during the
7:
1957:Retirement compensation arrangements
1562:"Home Buyers Plan: What is the HBP?"
907:adding citations to reliable sources
775:adding citations to reliable sources
251:adding citations to reliable sources
58:"Registered retirement savings plan"
47:adding citations to reliable sources
1072:Employees Provident Fund (Malaysia)
1026:Personal Retirement Savings Account
1000:Similar accounts in other countries
1952:Registered retirement savings plan
1937:Registered disability savings plan
951:Ontario disability support program
158:guaranteed investment certificates
123:registered retirement savings plan
14:
1947:Registered retirement income fund
1942:Registered education savings plan
1636:Golombek, Jamie (29 March 2019).
1129:Tax-free savings account (Canada)
1101:Registered education savings plan
1089:Registered retirement income fund
1044:Nippon individual savings account
676:Registered retirement income fund
190:registered retirement income fund
1714:Foreign content rule gets tossed
879:
747:
227:
152:. Qualified investments include
23:
1716:National Post, 28 February 2005
1056:Vanuatu National Provident Fund
238:needs additional citations for
34:needs additional citations for
1704:GlobeAdvisor.com, 1 March 2005
1427:"RRSPs: new rules, new growth"
1016:Self-invested personal pension
1:
1006:Individual retirement account
1932:Locked-in retirement account
1728:Advisor.ca, 23 February 2005
1548:"March 2019 budget increase"
1095:Locked-in retirement account
864:and Canadian Western Trust.
650:
644:
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510:
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482:
476:
468:
462:
454:
448:
440:
434:
426:
420:
700:Special withdrawal programs
2025:
1922:First home savings account
1294:"Tax rates on withdrawals"
1145:First home savings account
1020:individual savings account
978:assets, and using foreign
974:treasury bills or similar
673:
1978:Quebec Stock Savings Plan
1307:Bill Curry (2011-11-17).
1118:Saskatchewan Pension Plan
837:Canada's five major banks
317:Benefits from tax savings
1962:Tax-free savings account
1050:Mandatory Provident Fund
310:41st Canadian parliament
1927:Individual pension plan
1761:"KiwiSaver - KiwiSaver"
1644:. Postmedia Network Inc
1180:"Qualified Investments"
176:, common and preferred
139:retirement savings plan
1406:"Excess contributions"
1062:Central Provident Fund
1022:(ISA) (United Kingdom)
955:lifetime benefit trust
722:Lifelong learning plan
186:labour-sponsored funds
134:
1874:Canada Revenue Agency
1765:www.kiwisaver.govt.nz
1566:Canadian Finance Blog
1220:"RRSP - Contributing"
851:Intermediary accounts
388:Canada Revenue Agency
182:exchange-traded funds
1833:"KWSP – Home – KWSP"
1384:Government of Canada
980:equity index futures
903:improve this section
814:Client-held accounts
771:improve this section
247:improve this article
43:improve this article
1809:"CPFB Members Home"
712:1992 federal budget
704:
413:Contribution limit
407:Contribution limit
2004:Pensions in Canada
1550:. 11 October 2005.
1450:"RRSP Withdrawals"
1386:. 17 November 2022
1313:The Globe and Mail
1135:Taxation in Canada
966:changed to 10% of
1991:
1990:
1669:www.cra-arc.gc.ca
1642:financialpost.com
1587:"The Budget 1992"
1514:www.cra-arc.gc.ca
1475:www.cra-arc.gc.ca
1077:Pensions in Chile
984:forward contracts
939:
938:
931:
807:
806:
799:
739:Account structure
705:Home buyers' plan
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1176:
1170:
1161:
1028:(PRSA) (Ireland)
934:
927:
923:
920:
914:
883:
875:
831:Nominee accounts
802:
795:
791:
788:
782:
751:
743:
401:
326:contribution:
286:Individual RRSP:
274:
267:
263:
260:
254:
231:
223:
154:savings accounts
114:
107:
103:
100:
94:
92:
51:
27:
19:
2024:
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2019:
2018:
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2015:
2014:
2013:
1994:
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1992:
1987:
1966:
1910:
1907:
1857:
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1840:
1837:www.kwsp.gov.my
1831:
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1789:www.mpfa.org.hk
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1198:
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1193:
1184:
1182:
1178:
1177:
1173:
1162:
1158:
1153:
1085:
1012:(United States)
1002:
986:with a similar
976:cash equivalent
963:
961:Foreign content
935:
924:
918:
915:
900:
884:
873:
853:
833:
816:
803:
792:
786:
783:
768:
752:
741:
724:
707:
702:
678:
672:
380:progressive tax
375:
319:
275:
264:
258:
255:
244:
232:
198:
115:
104:
98:
95:
52:
50:
40:
28:
17:
12:
11:
5:
2022:
2020:
2012:
2011:
2006:
1996:
1995:
1989:
1988:
1986:
1985:
1980:
1974:
1972:
1968:
1967:
1965:
1964:
1959:
1954:
1949:
1944:
1939:
1934:
1929:
1924:
1918:
1916:
1912:
1911:
1908:
1906:
1905:
1898:
1891:
1883:
1877:
1876:
1871:
1863:Income Tax Act
1856:
1855:External links
1853:
1850:
1849:
1824:
1813:www.cpf.gov.sg
1800:
1776:
1752:
1741:
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1655:
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1578:
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1461:
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1352:
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1126:
1120:
1115:
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1104:
1098:
1092:
1084:
1081:
1080:
1079:
1074:
1069:
1059:
1053:
1047:
1046:(NISA) (Japan)
1041:
1035:
1032:Superannuation
1029:
1023:
1013:
1001:
998:
988:notional value
962:
959:
943:Income Tax Act
937:
936:
887:
885:
878:
872:
869:
852:
849:
832:
829:
815:
812:
805:
804:
755:
753:
746:
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737:
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732:
723:
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706:
703:
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698:
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374:
371:
318:
315:
314:
313:
303:
296:
289:
277:
276:
235:
233:
226:
214:Income Tax Act
197:
194:
166:mortgage loans
150:Income Tax Act
117:
116:
31:
29:
22:
15:
13:
10:
9:
6:
4:
3:
2:
2021:
2010:
2007:
2005:
2002:
2001:
1999:
1984:
1981:
1979:
1976:
1975:
1973:
1969:
1963:
1960:
1958:
1955:
1953:
1950:
1948:
1945:
1943:
1940:
1938:
1935:
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1925:
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1501:
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1476:
1472:
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1334:
1328:
1325:
1314:
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1300:
1295:
1289:
1286:
1283:
1282:, Summer 1999
1281:
1274:
1271:
1266:
1260:
1246:
1245:www.fin.gc.ca
1242:
1235:
1232:
1221:
1215:
1212:
1201:
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1192:
1181:
1175:
1172:
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1160:
1157:
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1138:
1136:
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1127:
1124:
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1119:
1116:
1114:
1111:
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1096:
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1087:
1086:
1082:
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1073:
1070:
1067:
1063:
1060:
1057:
1054:
1051:
1048:
1045:
1042:
1040:(New Zealand)
1039:
1036:
1033:
1030:
1027:
1024:
1021:
1017:
1014:
1011:
1007:
1004:
1003:
999:
997:
994:
991:
989:
985:
981:
977:
971:
969:
960:
958:
956:
952:
946:
944:
933:
930:
922:
912:
908:
904:
898:
897:
893:
888:This section
886:
882:
877:
876:
871:RRSP rollover
870:
868:
865:
863:
857:
850:
848:
844:
841:
838:
830:
828:
824:
820:
813:
811:
801:
798:
790:
780:
776:
772:
766:
765:
761:
756:This section
754:
750:
745:
744:
738:
733:
730:
729:
728:
721:
719:
717:
713:
699:
697:
693:
689:
686:
682:
677:
669:
667:
663:
659:
647:
641:
640:
633:
627:
626:
619:
613:
612:
605:
599:
598:
591:
585:
584:
577:
571:
570:
563:
557:
556:
549:
543:
542:
535:
529:
528:
521:
515:
514:
507:
501:
500:
493:
487:
486:
479:
473:
472:
465:
459:
458:
451:
445:
444:
437:
431:
430:
423:
417:
416:
412:
409:
406:
403:
402:
399:
395:
391:
389:
385:
384:marginal rate
381:
372:
370:
367:
364:
361:
358:
355:
352:
349:
346:
345:
341:
338:
335:
332:
331:
327:
323:
316:
311:
307:
304:
300:
297:
293:
292:Spousal RRSP:
290:
287:
284:
283:
282:
273:
270:
262:
252:
248:
242:
241:
236:This section
234:
230:
225:
224:
221:
217:
215:
210:
205:
203:
195:
193:
191:
187:
183:
179:
175:
174:income trusts
171:
167:
163:
159:
155:
151:
146:
144:
140:
136:
132:
128:
124:
113:
110:
102:
91:
88:
84:
81:
77:
74:
70:
67:
63:
60: –
59:
55:
54:Find sources:
48:
44:
38:
37:
32:This article
30:
26:
21:
20:
1951:
1862:
1841:. Retrieved
1836:
1827:
1816:. Retrieved
1812:
1803:
1792:. Retrieved
1788:
1779:
1768:. Retrieved
1764:
1755:
1744:
1733:
1721:
1709:
1697:
1672:. Retrieved
1668:
1658:
1648:17 September
1646:. Retrieved
1641:
1631:
1621:17 September
1619:. Retrieved
1606:
1596:17 September
1594:. Retrieved
1581:
1570:. Retrieved
1568:. 2016-03-24
1565:
1556:
1542:
1517:. Retrieved
1513:
1503:
1478:. Retrieved
1474:
1464:
1453:. Retrieved
1444:
1433:. Retrieved
1420:
1409:. Retrieved
1399:
1388:. Retrieved
1383:
1374:
1355:
1341:
1327:
1316:. Retrieved
1312:
1302:
1288:
1280:Perspectives
1279:
1273:
1248:. Retrieved
1244:
1234:
1223:. Retrieved
1214:
1203:. Retrieved
1194:
1183:. Retrieved
1174:
1159:
1113:Henson trust
995:
992:
972:
964:
947:
942:
940:
925:
919:January 2016
916:
901:Please help
889:
866:
858:
854:
845:
842:
834:
825:
821:
817:
808:
793:
787:January 2016
784:
769:Please help
757:
725:
708:
694:
690:
687:
683:
679:
664:
660:
656:
396:
392:
376:
373:Contributing
368:
365:
362:
359:
356:
353:
350:
347:
343:
342:
339:
336:
333:
329:
328:
324:
320:
306:Pooled RRSP:
305:
298:
291:
285:
280:
265:
259:January 2016
256:
245:Please help
240:verification
237:
218:
213:
208:
206:
199:
170:mutual funds
149:
147:
142:
138:
126:
122:
120:
105:
99:January 2016
96:
86:
79:
72:
65:
53:
41:Please help
36:verification
33:
1052:(Hong Kong)
1034:(Australia)
1018:(SIPP) and
953:(ODSP). A
716:2009 budget
670:Withdrawals
299:Group RRSP:
1998:Categories
1971:Historical
1843:2018-10-15
1839:(in Malay)
1818:2018-10-15
1794:2018-10-10
1770:2018-10-10
1674:2017-02-28
1572:2017-02-28
1519:2017-02-28
1480:2017-02-28
1455:2024-07-29
1435:2022-03-29
1411:2012-02-08
1390:2023-08-26
1318:2011-12-02
1250:2017-02-28
1225:2024-07-29
1205:2024-07-29
1185:2024-07-29
1151:References
1008:(IRA) and
968:book value
674:See also:
202:income tax
69:newspapers
1861:Canadian
1425:StatCan.
1066:Singapore
1038:KiwiSaver
890:does not
758:does not
651:$ 31,560
645:$ 19,000
637:$ 30,780
631:$ 18,000
623:$ 29,210
617:$ 16,500
609:$ 27,830
603:$ 15,500
595:$ 27,230
589:$ 14,500
581:$ 26,500
575:$ 13,500
567:$ 26,230
561:$ 13,500
553:$ 26,010
547:$ 13,500
539:$ 25,370
533:$ 13,500
525:$ 24,930
519:$ 13,500
511:$ 24,270
505:$ 13,500
497:$ 23,820
491:$ 13,500
483:$ 22,970
477:$ 14,500
469:$ 22,450
463:$ 13,500
455:$ 22,000
449:$ 12,500
441:$ 21,000
435:$ 12,500
427:$ 20,000
421:$ 11,500
1683:cite web
1528:cite web
1489:cite web
1259:cite web
1083:See also
862:B2B Bank
344:To RRSP:
330:To TFSA:
209:business
196:Taxation
160:(GICs),
1915:Current
1366:3240046
1140:Pension
1109:(RHOSP)
911:removed
896:sources
779:removed
764:sources
83:scholar
1869:CanLII
1785:"MPFA"
1364:
1168:CanLII
1131:(TFSA)
1103:(RESP)
1091:(RRIF)
1010:401(k)
178:shares
137:), or
131:French
85:
78:
71:
64:
56:
1615:(PDF)
1590:(PDF)
1430:(PDF)
1404:CRA.
1125:(RCA)
648:2024
642:2007
634:2023
628:2006
620:2022
614:2005
606:2021
600:2004
592:2020
586:2003
578:2019
572:2002
564:2018
558:2001
550:2017
544:2000
536:2016
530:1999
522:2015
516:1998
508:2014
502:1997
494:2013
488:1996
480:2012
474:1995
466:2011
460:1994
452:2010
446:1993
438:2009
432:1992
424:2008
418:1991
410:Year
404:Year
162:bonds
90:JSTOR
76:books
1867:via
1689:link
1650:2020
1623:2020
1598:2020
1534:link
1495:link
1362:SSRN
1265:link
1166:via
894:any
892:cite
762:any
760:cite
127:RRSP
62:news
982:or
905:by
773:by
249:by
143:RSP
129:) (
45:by
2000::
1835:.
1811:.
1787:.
1763:.
1685:}}
1681:{{
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1821:.
1797:.
1773:.
1691:)
1677:.
1652:.
1625:.
1600:.
1575:.
1536:)
1522:.
1497:)
1483:.
1458:.
1438:.
1414:.
1393:.
1368:.
1349:.
1335:.
1321:.
1296:.
1267:)
1253:.
1228:.
1208:.
1188:.
1068:)
1064:(
932:)
926:(
921:)
917:(
913:.
899:.
800:)
794:(
789:)
785:(
781:.
767:.
272:)
266:(
261:)
257:(
243:.
141:(
125:(
112:)
106:(
101:)
97:(
87:·
80:·
73:·
66:·
39:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
