H Hydrogen Guest Mar 1, 2008 #16 The RRSP can/will eventually be taxed when converted into a RIF. It must be withdrawn, and as a result, taxed.
The RRSP can/will eventually be taxed when converted into a RIF. It must be withdrawn, and as a result, taxed.
A afransen Senior Member Member Bio Joined Apr 23, 2007 Messages 8,844 Reaction score 11,301 Mar 1, 2008 #17 Yep. And 9k$ is well below the poverty line. Maybe it's been a while since you've been poor, Shocker. Nonetheless, this plan provides the strongest incentive to those in the highest bracket, and a very weak incentive to those earning $20k - $30k.
Yep. And 9k$ is well below the poverty line. Maybe it's been a while since you've been poor, Shocker. Nonetheless, this plan provides the strongest incentive to those in the highest bracket, and a very weak incentive to those earning $20k - $30k.