Words and Phrases - "locked-in retirement account"

a
85
b
44
c
76
d
50
e
38
f
31
g
18
h
14
i
73
j
2
k
2
l
32
m
55
n
25
o
38
p
79
q
3
r
76
s
89
t
46
u
15
v
9
w
22
y
2

7 October 2021 APFF Financial Strategies and Instruments Roundtable Q. 9, 2021-0903501C6 F - RRSP overcontribution and RRIF withdrawal

Summary Under
Tax Topics - Income Tax Act - Section 204.2 - Subsection 204.2(1.2) - J
an RRSP or RRIF withdrawal has an immediate impact on tax on the cumulative excess

The 1% monthly tax under s. 204.2(2.1) is imposed on the “cumulative excess amount in respect of RRSPs” (the “cumulative excess”). A...

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Words and Phrases
life income fund locked-in retirement account