|
gptkbp:instanceOf
|
Individual Retirement Account
|
|
gptkbp:administeredBy
|
gptkb:Canada_Revenue_Agency
|
|
gptkbp:canBe
|
gptkb:group_of_people
single
spousal
|
|
gptkbp:contribution
|
tax-deductible
|
|
gptkbp:contributionDeadline
|
60 days after year end
|
|
gptkbp:convertedTo
|
gptkb:RRIF
annuity
|
|
gptkbp:country
|
gptkb:Canada
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
RRSP
|
|
gptkbp:introducedIn
|
1957
|
|
gptkbp:maximumLoanAmount
|
18% of previous year's earned income
annual maximum set by government
|
|
gptkbp:mayInclude
|
bonds
mutual funds
stocks
ETFs
cash
GICs
|
|
gptkbp:mustBeConvertedBy
|
age 71
|
|
gptkbp:overcontributionLimit
|
$2,000 lifetime
|
|
gptkbp:penaltyForOvercontribution
|
1% per month
|
|
gptkbp:purpose
|
encourage retirement savings
|
|
gptkbp:standsFor
|
gptkb:Registered_Retirement_Savings_Plan
|
|
gptkbp:taxStatus
|
tax-deferred
|
|
gptkbp:withdrawalProgram
|
Home Buyers' Plan
Lifelong Learning Plan
|
|
gptkbp:withdrawalsAre
|
taxable income
|
|
gptkbp:bfsParent
|
gptkb:Canadian_investors
gptkb:Registered_Retirement_Savings_Plan
|
|
gptkbp:bfsLayer
|
6
|