Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please contact us to request a format other than those available.

View article (HTML) View issue (PDF) Main menu Editor's corner More news Contact us Survey information Back issues Statistics Canada home page In depth Français
 
Statistics Canada logo

75-001-XIE

system menu - text links at bottom of page
mast-head for "Perspectives on Labour and Income"
sub-heading "The online edition"
heading for "Highlights"

July 2001     Vol. 2, no. 7

Who contributes to RRSPs? A re-examination

Boris Palameta

  • In 1999, 44.8% of men aged 25 to 64 with RRSP room made an RRSP normal contribution, compared with 37.6% of women. However, men also had higher incomes than women had. When men's and women's RRSP participation rates were compared within the same income brackets, women had higher rates in every bracket.
  • RRSP participation rates were highest for people aged 45 to 54, also the age group with the highest incomes. When comparisons were made within the same income brackets, persons aged 45 to 54 had the highest participation rate only at incomes below $30,000. At higher incomes, 25 to 34 year-olds had the highest participation rate.
  • People with an employer-sponsored pension plan had a higher RRSP participation rate-and higher incomes-than people without such a plan. However, comparing within the same income brackets, those with pensions had higher participation rates only at incomes below $30,000. At higher incomes, people without pension plans were the more likely contributors.

Author

Boris Palameta is with the Labour and Household Surveys Analysis Division. He can be reached at (613) 951-2124 or boris.palameta@statcan.gc.ca.

Statistics Canada FIP identifier Government of Canada wordmark
View article (HTML) | View issue (PDF) ]
Main menu | Editor's corner | More news | Contact us | Survey information | Back issues ]
Statistics Canada home page | In depth | Français ]

© Statistics Canada - Conditions of  use Published: 2001 07 17