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Increase Contributions to Registered Retirement Savings Plan

Category:LEGISLATION
Sub-Category: INCOME TAX ACT
Resolution Number:600.50.31
Club:Quebec City
Province:Quebec
Year:1980
Status:Resolved
Reaffirmed:
Comments:

THEREFORE BE IT RESOLVED THAT the Canadian Federation of Business and Professional Women's Clubs request that the Government of Canada give consideration to increasing the allowable contributions to the lesser of 30 per cent of earned income or $5,000 for members of a Registered Pension Plan, and the lesser of 30 per cent of earned income or $7,000 for non-members of a Registered Pension Plan.

 

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Article ID: 989