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RRSP rules shift in 1991 with new limits and carry forward
The article explains major changes to RRSP contributions for 1991, including higher limits for non participants and new rules for those in pension plans. It notes a 60 day overlap in 1991 with old and new regimes, outlines pension adjustments, and advises consulting a financial planner for calculations. It also mentions future ceilings rising to 15,500 by 1995 and the new carry forward room starting in 1992. Mr. Mardon of Investors Group is cited.
MENTIONED IN THIS ARTICLE
Ottawa
Revenue Canada
Mardon
Investors Group Inc