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The RRSP celebrates 60 years

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Retail Investor:

Why does the misinformation continue?

(1)The RRSP’s main benefit – the only one that everyone gets – is its permanent sheltering of profits from tax. Growth is not ‘tax deferred’. It is tax free.

(2) And the second possible Bonus would be a Penalty for about 50% of workers, from a higher effective tax rate on withdrawal.

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2636609

Saturday, October 08 at 1:33 pm | Reply

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