Government-Sponsored Retirement Arrangement - GSRA

外汇网2021-06-19 16:01:32 219

A Canadian retirement plan for inpiduals who are not employees of a local, provincial or federal government body, but who are paid for their services from public funds. This type of retirement plan is not registered with the Canadian Revenue Agency and therefore does not qualify for tax-deferred status.

|||Regulations on GSRAs reduce the amount that inpiduals receiving GSRAs are allowed to contribute to their registered retirement savings plans (RRSPs).

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