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Some seniors who have Registered Retirement Savings Plans are under the misconception that they have to cash them and take them in income by Dec. 31 of the year they turn 71, says Dale Ennis of Bath, publisher of The Canadian Money Saver. Unfortunately,
Some seniors who have Registered Retirement Savings Plans are under the misconception that they have to cash them and take them in income by Dec. 31 of the year they turn 71, says Dale Ennis of Bath, publisher of The Canadian Money Saver. Unfortunately,

Some seniors who have Registered Retirement Savings Plans are under the misconception that they have to cash them and take them in income by Dec. 31 of the year they turn 71, says Dale Ennis of Bath, publisher of The Canadian Money Saver. Unfortunately,

Date3/9/1984
Names
(photographer)
Format
Medium
Language
ProvenanceFrom the Toronto Star Archives
CollectionToronto Star Photograph Archive
Usage Rights Copyright (Learn More)
Copyright HolderToronto Star (Firm)
Call Number / Accession NumberTSPA_0127053F
An Income Tax Act provision that compels 71-year-olds to cash in their retirement savings plans or buy annuities is not unlawful discrimination based on age, a Supreme Court of Ontario judge has ruled. Mr. Justice Alvin Rosenberg yesterday dismissed an ap
An Income Tax Act provision that compels 71-year-olds to cash in their retirement savings plans or buy annuities is not unlawful discrimination based on age, a Supreme Court of Ontario judge has ruled. Mr. Justice Alvin Rosenberg yesterday dismissed an ap
11/13/1985
In agony: Anthony and Gina Ennis, children of slain cabble Norman Ennis, plead for assistance in the investigation at a news conference yesterday
In agony: Anthony and Gina Ennis, children of slain cabble Norman Ennis, plead for assistance in the investigation at a news conference yesterday
12/30/1991
Ennis & Co., manufacturers of pianos
Ennis & Co., manufacturers of pianos
1900
Money-saving advice: Chartered accountant David Louis, here with a client, says you may be able to save hundreds of dollars on your tax return if your spouse is entitled to certain deductions but lacks the income to use them
Money-saving advice: Chartered accountant David Louis, here with a client, says you may be able to save hundreds of dollars on your tax return if your spouse is entitled to certain deductions but lacks the income to use them
3/3/1982
Bob Brophy: Founder is currently offering seniors a 2-for-1 membership to his discount savings club.
Bob Brophy: Founder is currently offering seniors a 2-for-1 membership to his discount savings club.
7/19/1984
Canadian government war-savings stamps : what they are and why you should buy them : the war-savings plan
Canadian government war-savings stamps : what they are and why you should buy them : the war-savings plan
1918
Empty pocket tells its tale as 32-year-old Guido Biance shows his 20-year-old wife, Fanny, where their $2,800 life savings were kept before he lost them yesterday.
Empty pocket tells its tale as 32-year-old Guido Biance shows his 20-year-old wife, Fanny, where their $2,800 life savings were kept before he lost them yesterday.
1/2/1970
Fine baskets like these are an important item in the reserve's cash income and the department of Indian affairs finances the sale of them. The smaller(...)
Fine baskets like these are an important item in the reserve's cash income and the department of Indian affairs finances the sale of them. The smaller(...)
3/9/1946
Seniors in step, Members of the West Scarborough Seniors Club have formed a dance team that visits other seniors and schoolchildren. The dancers have (...)
Seniors in step, Members of the West Scarborough Seniors Club have formed a dance team that visits other seniors and schoolchildren. The dancers have (...)
1/28/1988
Alderman Anne Johnston is a member of the house-poor middle class whose new homes have left them with little disposable income. It's eternal hamburgers and potatoes, says Alderman Johnston
Alderman Anne Johnston is a member of the house-poor middle class whose new homes have left them with little disposable income. It's eternal hamburgers and potatoes, says Alderman Johnston
9/2/1976
Show for seniors: Today's Seniors publisher George Coyle expects 7,500 people to attend Travel Show '91 for mature travellers.
Show for seniors: Today's Seniors publisher George Coyle expects 7,500 people to attend Travel Show '91 for mature travellers.
3/5/1991
Very much alive: Desanka and Branislav Mrdja were shocked when they found out Dec. 31 that Revenue Canada has them listed as officially dead.
Very much alive: Desanka and Branislav Mrdja were shocked when they found out Dec. 31 that Revenue Canada has them listed as officially dead.
1/10/1993