http://adawnjournal.com/2008/03/25/what-is-an-rrsp-part-3-disadvantages-of-a-registered-account/ A blog on Personal Finance, Investing, Entrepreneurship, and More Thu, 19 Apr 2012 18:04:48 +0000 hourly 1 http://wordpress.org/?v=3.1 http://adawnjournal.com/2008/03/25/what-is-an-rrsp-part-3-disadvantages-of-a-registered-account/comment-page-1/#comment-8282 patty moss Sat, 24 Mar 2012 03:56:07 +0000 http://adawnjournal.com/?p=126#comment-8282 There is a misunderstood incentive, that refund the taxpayers are recieving, they think it's a no loss investment. And why would the government increase the age limit... look at how much the government is making off this. Duh if they did that we would have to make up the difference by paying more taxes. There is a misunderstood incentive, that refund the taxpayers are recieving, they think it’s a no loss investment. And why would the government increase the age limit… look at how much the government is making off this. Duh if they did that we would have to make up the difference by paying more taxes.

]]> http://adawnjournal.com/2008/03/25/what-is-an-rrsp-part-3-disadvantages-of-a-registered-account/comment-page-1/#comment-5909 Howard Fitzwater Tue, 11 Jan 2011 16:47:14 +0000 http://adawnjournal.com/?p=126#comment-5909 Two things - with an <a href="http://andrewjohns.ca/tax_free_savings_account" rel="nofollow">RRSP, the limit</a> on how old you can be to take out the money should go up. If an older member of society wants to keep working, we should be encouraging them - not forcing them into early retirement. This is going to become an issue in the next decade or two. Secondly, you can put more money into the account, it will just be taxed as normal so there is no incentive, per se. Two things – with an RRSP, the limit on how old you can be to take out the money should go up. If an older member of society wants to keep working, we should be encouraging them – not forcing them into early retirement. This is going to become an issue in the next decade or two. Secondly, you can put more money into the account, it will just be taxed as normal so there is no incentive, per se.

]]>