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Wondering how to use Rrsp in a sentence? Below are 10+ example sentences from authentic English texts. Including the meaning .

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Rrsp in a sentence

Related words

Rrsp | Rrsps

Rrsp meaning

Initialism of registered retirement savings plan

Using Rrsp

  • The main meaning on this page is: Initialism of registered retirement savings plan
  • In the example corpus, rrsp often appears in combinations such as: an rrsp, your rrsp, rrsp contributions.

Context around Rrsp

  • Average sentence length in these examples: 20.2 words
  • Position in the sentence: 4 start, 12 middle, 4 end
  • Sentence types: 17 statements, 3 questions, 0 exclamations

Often before:

plan 1× meagre 1× traditional 1× matched 1×

Often after:

withdrawal 3× room 1× contribution 1× due 1× overcontribution 1× gradually 1× contributions 1× method 1× gives 1× program 1×

Sentence patterns with Rrsp

These short patterns come directly from the example sentences and show how the word is often embedded:

company matched rrsp program and 1× contribute to rrsp or pay 1× enough that rrsp contributions are 1× in an rrsp due to 1× include an rrsp withdrawal on 1× increase your rrsp contribution upping 1× like an rrsp does 1× my meagre rrsp to say 1×

Sentence openings and endings

Common sentence openings:

a tax case 1× an added benefit 1× an immediate benefit 1× contribute to rrsp 1× if your income 1× indigo also offers 1×

Common sentence endings:

2019 tax year 1× an rrsp does 1× contributions are attractive 1× lower tax bracket 1× non registered option 1× not spending it 1×

Words around Rrsp

Just before it in the word index:

rrs 22 rrrt 2 rrr 62 rrps 4 rrp 19 rrose 3

Just after it in the word index:

rrsps 8 rrt 4 rrts 4 rrv 3 rrvl 7 rrw 3

Similar in corpus frequency:

abaribe 41 abbasids 41 abstentions 41 actinium 41 addington 41 adenauer 41

Corpus analysis for Rrsp

  • In this selection, "rrsp" usually appears in the middle of the sentence. The average example has 20.2 words, and this corpus slice is mostly made up of statements.
  • Around the word, plan, meagre, traditional, withdrawal, room and contribution stand out and add context to how "rrsp" is used.
  • Recognizable usage signals include company matched rrsp program and and contribute to rrsp or pay. That gives this page its own corpus information beyond isolated example sentences.
  • By corpus frequency, "rrsp" sits close to words such as abaribe, abbasids and abstentions, which helps place it inside the broader word index.

Example types with rrsp

The same corpus examples are grouped by length and sentence type, making it easier to see the contexts in which the word appears:

Short example sentences

Contribute to RRSP or pay off mortgage? (7 words)

RRSP overcontribution penalties apply to amounts over $2,000. (9 words)

Pay down your mortgage or contribute to your RRSP? (9 words)

Longer example sentences

A tax case decided earlier this month highlights the confusion, along with the severe consequences, of what can happen if you forget to include an RRSP withdrawal on your tax return, despite the fact that taxes were withheld at the time of withdrawal. (43 words)

There are different ways to invest beyond the traditional RRSP method but having something to supplement government pensions and planning and investing accordingly should be an important part of any Canadian’s retirement savings plan. (35 words)

If your income for the year is moderate or high, and you have registered retirement savings plan (RRSP) room, you can consider contributing to offset some of the taxable income. (30 words)

Question examples

Contribute to RRSP or pay off mortgage? (7 words)

Pay down your mortgage or contribute to your RRSP? (9 words)

I would have to pay tax on the RRSP withdrawal, but then could I sell the shares and claim the capital loss? (22 words)

Example sentences (20)

An immediate benefit is that contributions create a tax deduction, like an RRSP does.

Contribute to RRSP or pay off mortgage?

If your income for the year is moderate or high, and you have registered retirement savings plan (RRSP) room, you can consider contributing to offset some of the taxable income.

It’s true that the success of the RRSP is dependent on “saving the refund” and not spending it.

This will further increase your RRSP contribution — upping your tax return even more the following year.

You also log which accounts you’ll hold them in. For example, you may want to keep bonds in an RRSP due to their tax-inefficiency.

RRSP overcontribution penalties apply to amounts over $2,000.

The HBP works like a self-loan, in that borrowers must repay their RRSP gradually within 15 years.

Advertentie

If there is room left for contribution, consider making an additional contribution to your RRSP for the 2019 tax year.

Mel’s income is high enough that RRSP contributions are attractive.

An added benefit of an RRSP is that there is not a minimum age requirement for investing.

A tax case decided earlier this month highlights the confusion, along with the severe consequences, of what can happen if you forget to include an RRSP withdrawal on your tax return, despite the fact that taxes were withheld at the time of withdrawal.

Pay down your mortgage or contribute to your RRSP?

Even if I wanted to donate my meagre RRSP to, say, whoever runs against next, my wife would kibosh the plan on the grounds of our relative poverty.

I would have to pay tax on the RRSP withdrawal, but then could I sell the shares and claim the capital loss?

The primary goal of using an RRSP is to defer current income to be able to draw that income later in a lower tax bracket.

There are different ways to invest beyond the traditional RRSP method but having something to supplement government pensions and planning and investing accordingly should be an important part of any Canadian’s retirement savings plan.

The RRSP gives you tax deductions, tax-deferred growth and better compounding than the non-registered option.

With regards to your RRSP withdrawal plan, I think it’s important to clarify that the withholding tax is not the final tax on your withdrawal.

Indigo also offers a company matched RRSP program and yearly employee scholarships.

Advertentie

Common combinations with rrsp

These word pairs occur most frequently in English texts:

Frequently asked questions

How do you use "rrsp" in a sentence?
An example: "An immediate benefit is that contributions create a tax deduction, like an RRSP does." This page contains 10+ example sentences with the word "rrsp" from authentic English texts.
What does "rrsp" mean?
Rrsp means: Initialism of registered retirement savings plan
How many example sentences with "rrsp" are there?
Voorbeeldzinnen.info contains at least 10+ example sentences with "rrsp", drawn from a database of millions of English sentences.