Comments on: RRSP decision criteria http://doubleblind.ca/2009/02/26/rrsp-decision-criteria/ A Look for Perspective Wed, 28 Jul 2010 20:27:09 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Sacha http://doubleblind.ca/2009/02/26/rrsp-decision-criteria/comment-page-1/#comment-51835 Sacha Sun, 01 Mar 2009 07:52:26 +0000 http://doubleblind.ca/?p=2336#comment-51835 This is a matter of debate, but I would disagree. The $35016 to $37885 tax bracket is 15% (federal) and 7.7% (provincial), a combined rate of 22.7%. The next federal bracket is 22% (combined rate 29.7%). Going from the basic rate (20.06%) to 22.7% is not much of a relief on taxation, but going from 20.06% to 29.7% is much more significant. This is a matter of debate, but I would disagree. The $35016 to $37885 tax bracket is 15% (federal) and 7.7% (provincial), a combined rate of 22.7%.

The next federal bracket is 22% (combined rate 29.7%).

Going from the basic rate (20.06%) to 22.7% is not much of a relief on taxation, but going from 20.06% to 29.7% is much more significant.

]]> By: David http://doubleblind.ca/2009/02/26/rrsp-decision-criteria/comment-page-1/#comment-51834 David Sun, 01 Mar 2009 07:33:51 +0000 http://doubleblind.ca/?p=2336#comment-51834 Your #2 rule should be $35016 as that's the first income bracket for BC tax rate. Your #2 rule should be $35016 as that’s the first income bracket for BC tax rate.

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