Quote:
Originally Posted by OMG!WTF!
I totally agree there should be a limit, but a lifetime limit. I think 11k is fine for now but for sure there should be a contribution cap. I think that might be the over all plan, just nit the second before an election.
And I agree about people not saving enough to do rrsp's and tfsa's. This is motivation to do so.
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it's not that people don't have the motivation, its that they don't have the means to do so. I'd love to be able to max out my contributions. Unfortunately the math of money in vs money out doesn't allow that. Especially after pay cuts this year.