registered retirement savings plans

• Registered retirement savings plans

• U.S. reporting requirements for Canadian RRSPs/RRIFs.

Registered retirement savings plans, registered retirement income funds

• The Tax Adviser
• Vol. 36 Nbr. 3, March 2005

• Negative Effects of the Canadian Gis Clawback and Possible Mitigating Alternatives

In Canada there are three main sources of government-provided retirement income: the Canada/Quebec Pension Plans (C/QPP), which have benefits and contributions based on earnings up to the Yearly Maximum Pensionable Earnings; Old Age Security (OAS), which is a fixed amount for most but does include a "clawback" of benefits for high-income individuals; and the Guaranteed Income Supplement (GIS), which is designed to supplement those persons with extremely low income. The annual GIS benefit is reduced, or clawed back, by 50 cents for every dollar of annual income the person has in retirement, including C/QPP and income from Registered Retirement Savings Plans (RRSPs) and other savings. OAS benefits are not included in determining the GIS clawback. The result of this is that low-income indi...

• North American Actuarial Journal
• Vol. 12 Nbr. 4, October 2008

• Agency Information Collection Activities; Proposals, Submissions, and Approvals

...Notice 2003-95, Registered Retirement Savings Plans (RRSP) and. Registered Re...

• FR, February 04, 2010
• Notices
• Internal Revenue Service

• 2011 Federal Budget - Tax Highlights.

.... Personal Tax Measures . (a) Registered Retirement Savings Plans The Budget proposes to ad...

• Mondaq Business Briefing
• Nbr. 2011, January 2011

• Investments In A Registered Plan - A Trap For The Unwary.

... Act (Canada) relating to registered retirement savings plans (RRSPs) and registered retirement in...

• Mondaq Business Briefing
• Nbr. 2011, January 2011

• It can happen here: government really can be cut: case studies from Canada, New Zealand, and the United States.

...During World War II, the personal savings rate climbed to more than 20 percent, so after the... limit on deductible contributions to Registered Retirement Savings Plans (Canada's version of a de...

• Reason
• Vol. 42 Nbr. 6, November 2010

• 2011 Federal Budget Commentary.

... aimed at tax planning schemes using Registered Retirement Savings Plans (and Registered Retiremen...

• Mondaq Business Briefing
• Nbr. 2011, January 2011

• Canadian RRSPs: U.S. tax considerations.

Registered retirement savings plan Tax practitioners with clients that may be subject to US income taxation and that are Canadian registered retirement savings plan (RRSP) participants should be aware that RRSPs are not qualified plans under US law but that the United States-Canada Income Tax Treaty provides relief. Recently-added Article XVIII(7) provides taxpayers with an election to allow deferral of taxation on income accrued in a Canadian plan. Practitioners should use this amendment and not Revenue Procedure 89-45 because 89-45 is based on a treaty provision that has become obsolete.

• The Tax Adviser
• Vol. 27 Nbr. 8, August 1996

• Collecting Money From Debtor's RRSP.

... Act, a bill intended to protect registered savings plans of debtors from creditors. Such asse... sharing plans (DPSPs), registered retirement income funds (RRIFs) and registered retirement sav...

• Mondaq Business Briefing
• Nbr. 2011, January 2011

• Federal Government Introduces "Pooled Registered Pension Plans Act".

... landscape that will make saving for retirement easier for millions of Canadians. The legislation ... for Pooled Registered Retirement Savings Plans (see our December 2010 e-Alert). Provincial ...

• Mondaq Business Briefing
• Nbr. 2011, January 2011