Is it worth taking funds out of the LL RRSP to use the 'buy back' option with Quebec's RREGOP?
What % do these plans pay on an annual basis?
I am 66 and receive:
- QPP
- CPP
- GIS
Total $ owing: < $1750.00
Thank you, Michel
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London Life RRSP vs RREGOP
Re: London Life RRSP vs RREGOP
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Re: London Life RRSP vs RREGOP
How many months does it pay back?
How many years experience in rregop?
Rregop pays 2% per year of service
(Salary Average of best 5 years)
Did you plan to do a RRSP withdrawal anyway? Withdrawal is taxable.
Could you use money from elsewhere to do buyback? Less than $2,000 is not that much.
How many years experience in rregop?
Rregop pays 2% per year of service
(Salary Average of best 5 years)
Did you plan to do a RRSP withdrawal anyway? Withdrawal is taxable.
Could you use money from elsewhere to do buyback? Less than $2,000 is not that much.