Thread: We apologize
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Gabby Gabby is offline
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Default We apologize


"alsandor" > wrote in message
oups.com...
Nancy Young a écrit :

> "Gabby" > wrote
>
> > Can you decide how much you put in to your 401K or is it a set
> > percentage
> > of your income?

>
> Last I heard you could shield up to 6% of your income


>From an RRSP FAQ on CBC:


"For the 2005 tax year, people can contribute up to 18 per cent of
their earned income from the previous year, up to a maximum of
$16,500."

But that's a totally different thing. We are talking about a plan to which
your employer also constributes. I was interested in knowing how much you
could put into such a plan where it would be matched by the employer. RRSPs
are self directed.

Gabby