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  1. R

    G&M: RRSPs are getting a bum rap as a tax trap

    @mtainmn43 As aughhhhh has shown me the light, the clawback of the GIS works out to something like a 72% tax on the first 10k of withdrawals from RRSP. Seems like TFSA is better if it's not maxed.
  2. R

    G&M: RRSPs are getting a bum rap as a tax trap

    @alabamapentacostal I agree. In fact I think they should scrap all the support programs and replace it with a universal basic income that everyone gets regardless of income, assets, or means. Paid for by the super wealthy, of course.
  3. R

    G&M: RRSPs are getting a bum rap as a tax trap

    @alabamapentacostal I guess the alternative is we have senior citizens starving to death.
  4. R

    G&M: RRSPs are getting a bum rap as a tax trap

    @resjudicata Isn't that the same heartache that people now tapping into their RRIFs are feeling, not having had the benefit of a TFSA?
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