Quote:
Originally Posted by albertGQ
but why not make RIF income tax free?
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As one of the 2/3- I fail to see how this would make me more likely to save for retirement. A person like me needs to have the options removed; make it so I cannot do anything with my retirement fund.
Myself I jumped at a new job that offered a pension, because once again I need to be forced to save. This new plan would be a way for the gov't to do the same thing. And the bottom line is it is cheaper for them to take money from me now and invest it than it is for them to pay me welfare when I am 70.