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A registered retirement savings plan ( RRSP) ( French: régime enregistré d'épargne-retraite, REER ), or retirement savings plan ( RSP ), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts.
SEP IRA. A SEP IRA allows the self-employed to create a retirement plan for themselves as well as employees. This kind of plan offers a tax-deferred or tax-free way to save – on either a pre-tax ...
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My Solo 401k Financial's self-directed 401(k) plans for self-employed individuals now qualify for up to $1,500 in tax credits under the Secure Act. The tax credit is a dollar-for-dollar reduction ...
From 1966 to 1986, the contribution rate was 3.6%. The rate was 1.8% for employees (and a like amount for their employers) and 3.6% in respect of self-employed earnings. Contribution rates started rising by 0.2% per year in 1987. By 1997, this had reached combined rates of 6% of pensionable earnings. 1996 reforms
In Ontario: unionized members will get 75 per cent of their non-indexed pensions; non-managerial staff will get 70 per cent. Outside Ontario: union members will get 59 per cent of their indexed pensions; non-union pensioners will get 57 per cent. See also. Nortel; Financial Services Commission of Ontario; Employee Retirement Income Security Act
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