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Increase Allowable Contributions – 1992

  • RESET

Category:

LEGISLATION

Sub-Category:

Sub-Category: INCOME TAX ACT

Resolution Number:

600.50.42

Club:

New Westminster

Province:

British Columbia

Year:

1992

Status:

Resolved

Background:

Comments:

THEREFORE BE IT RESOLVED THAT BPW Canada requests the Government of Canada to give consideration to increasing the allowable percentage from 18% to 30% of earned income for the preceding year, when determining the limitation for contributions to Registered Retirement Savings Plans; however, not changing the maximum dollar limit for the year.FURTHER BE IT RESOLVED THAT if the above resolution is accepted at the 1992 Convention BPW Canada delete policy Resolution 80/19, which is updated by this motion.

©BPW Canada  www.bpwcanada.com

Article ID: 13169