RRSP
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Re: RRSP
I'm getting really ticked off with hearing that word, CLAWBACK...if they use it again, I'm digging old Freddy Kruger up and he'll give a good CLAWBACK.
Guest- Guest
Re: RRSP
https://www.cfmws.com/en/aboutus/sisipfs/insurance/pages/long-term-disability.aspx
Here it says, * Other relevant sources of income include:
The Canadian Forces Superannuating Act (CFSA) benefits;
The primary benefits under the Canada Pension Plan (CPP) or the Quebec Pension Plan (QPP); and
Any employment income.
So you can see that RRSP income is NOT clawed back. If they did it to RRSP, then they would have to claw back capital gains as well.
Here it says, * Other relevant sources of income include:
The Canadian Forces Superannuating Act (CFSA) benefits;
The primary benefits under the Canada Pension Plan (CPP) or the Quebec Pension Plan (QPP); and
Any employment income.
So you can see that RRSP income is NOT clawed back. If they did it to RRSP, then they would have to claw back capital gains as well.
Nemo- CSAT Member
- Number of posts : 464
Location : canada
Registration date : 2010-08-13
Re: RRSP
Well thank you zs i thought it was so,, someone on the sisip F/B site said they were clawed back, so I did check my paperwork and nothing was entered for the rrsp..You can not belive half of the stuff said on that site..
Guest- Guest
Re: RRSP
I wouldn't think so Judy...that might be like SISIP reducing your monthly amount if you withdrew money from the bank...I do know that you'll be dinged for taxes again though...and that always sucks.
Guest- Guest
RRSP
Does any one know the true facts about cashing in a rrsp ?? Is it clawed back from sisip ??I would say no because that money was money taken out of ones pension at one time..If it is clawed back wouldnt the interest of the cheque from MC be clawed back also ?? Just askin...
Guest- Guest
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