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- Title
Low Incomes and RRSPs.
- Abstract
The article presents a summary of the article "Low Incomes and RRSPs," by Hubert Frenken, that was published in "Perspectives on Labour and Income." It reported that individuals with medium to high incomes are not alone in making contributions to registered retirement savings plans in Canada. In 1994, nearly 15% of all RRSP participants reported total income of $20,000 or less on their tax returns. Three percent had incomes under $10,000 in 1994. The participation in RRSPs of individuals with low incomes increased significantly since the early 1980s.
- Subjects
RETIREMENT income; EMPLOYEE benefits; FRENKEN, Hubert; INCOME; PERSPECTIVES on Labour &; Income (Periodical); FINANCE
- Publication
Benefits Quarterly, 1997, Vol 13, Issue 3, p113
- ISSN
8756-1263
- Publication type
Article