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You see I hate to discuss non-specific questions since there are too many 'IF"s, If you bough the RRSP after 2000, then you won't get fined, you can deduct it next year, the $2000 limit applies

to a life time contribution, the trick is that your RRSP dealer will send a 60(1) slip to CCRA for them to monitor your RRSP thing, over contribution is fined 1% per month for amout over contributed, basically to offset any gain on it,

provide detail when you ask a question or you run the risk of being misinformed and the only gets hurt is yourself
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