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Q: How Much does the Average Canadian have in RRSP?
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Can you convert a Canadian rrsp to a us IRA?

Not if you're trying to avoid paying Canadian taxes and you're not yet qualified in Canada to make withdrawals: It would be considered an early withdrawal from the RRSP and be subject to both taxes and penalties.


What is the penalty for Alberta early withdrawal from Canadian RRSP?

no penalty. with holding tax only


How much time does the average Canadian spend online?

I think that each Canadian spends about as much time on the computer as much as the average American.


In a divorce in Ontario Canada is his and her RRSP's part of divorce settlement or is it untouchable even if one is much higher than the other?

No it is not untouchable. In order to quantify the RRSP, one has to obtain the services of a profeesional. Also it depends on the RRSP and how the contributions are made. Rgds


How would one go about contributing to a RRSP?

The amount you can contribute depends on your RRSP deduction limit. You can find your deduction limit by looking at your 2011 Tax Return. Your RRSP deduction limit is the amount of RRSP contributions that you can deduct on your tax return for a given year.


How much money does the average Canadian spend on sports every year?

an average of $760


What is the difference between a RRSP and a RRIF?

an rrsp withdrawals do NOT qualify as a pension income. the RRIF withdrawals do qualify as pension income.


How much a 1961 Canadian worth?

in 1966, the average Canadian was worth about $5 U.S. Dollars. $7 if he was a mountee


What is a self directed RRSP?

check out http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/cntrbtng/slfdrctd-eng.html


What is a self-directed RRSP?

check out http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/cntrbtng/slfdrctd-eng.html


How much waste does the average Canadian produce in a year?

2 billion


Where can I learn more about registered retirement savings plans?

A registered retirement savings plan is the Canadian equivalent of an IRA in the states. Here's a Canadian government page about these plans: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/rrsps-eng.html