rrsp teriminin İngilizce İngilizce sözlükte anlamı
Registered Retirement Savings Plan—a program regulated by the federal government of Canada, offering tax advantages to help Canadian residents accumulate financial wealth, through a wide range of investment instruments, in order to provide financial security and income during retirement
registered retirement savings plan; a Canadian retirement plan where a person can deduct either $5000 or twenty percent of his or her annual taxable income each year by depositing it in a bank or mutual fund
(Registered Retirement Savings Plan) refers to a provision in the Income Tax Act that allows an investor to shelter investment income by placing property with a Trustee This property can then be invested in qualifying investments (GIC's, stocks, bonds, mortgages, mutual funds investing in these instruments, etc ) The tax treatment of the investment income is irrelevant, as it is not declared for tax purposes until withdrawn Any withdrawal from an RRSP is added to taxable income in the year of withdrawal, and may result in income taxes payable Any property contributed to an RRSP reduces taxable income by the amount of the contribution, if within prescribed limits The RRSP must be matured by the end of the year in which you turn 69 The maturity options are the following: Registered Retirement Income Fund (RRIF) Qualified Annuity Plan Collapse (i e , receive a cash payment for all of the RRSP minus withholding tax)