«Representative Faso is now on the record in favor of a health care bill that imposes an unfair age tax on older Americans, jacks up health insurance premiums, and rips away coverage from millions so that Faso can cut taxes for health insurance CEOs,» said DCCC spokesman Evan Lukaske. (nystateofpolitics.com)
In Retirement, a RRSP — converted to a RRIF also gets an additional $ 2000 tax exemption (x 2 if you have done Spousal) plus there is the added factor of the additional age tax credit along with the already existing personal tax credit. (milliondollarjourney.com)
Allowing for pension income credits when her RRSP converts to a Registered Retirement Income Fund and qualifies as a pension plus age tax credits, Hilda's tax rate would average about 10 per cent and leave her with $ 2,606 a month to spend. (business.financialpost.com)