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 Wed, 01 Feb 2012 22:37:32 +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-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.

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