Re: ....T F S A 2011
in response to
by
posted on
Jan 03, 2011 12:06PM
Focused on the Rice Lake Gold Belt
.. we should only get taxed when removing the funds from our investment accounts (not for buying and selling within the account). ..having a SDRRSP allows one to avoid tax until which time funds are removed and then are taxed on amount withdrawen. At 71 yrs young you can turn the rrsp into a rift and remembering that Old Age security / CPP are all added into your total income which if your income is over $ 67,000. your Old Age security may - be clawed back. Traps7