Thinkfree Be Free
« RRSP? »

Welcome Guest. Please Login or Register.
Dec 10, 2009, 1:51pm



Please go to thinkfreeforums.org. All new posts should be there now.
Remember to use your username and the password "password" without quotes and all in lowercase if you have not yet signed in to the new forums.
Posting here is now disabled

Thinkfree Be Free :: Enlightenment :: Questions :: RRSP?
   [Search This Thread][Send Topic To Friend] [Print]
 AuthorTopic: RRSP? (Read 403 times)
elbowdeep
Full Member
***
member is offline

[avatar]



Joined: Jul 2007
Gender: Male
Posts: 216
Location: Ontario
Karma: 0
 RRSP?
« Thread Started on Mar 9, 2008, 7:41pm »

Anyone have any insight into how I would go about taking control of my RRSP?, or liquidate it?

I now work for private contract for hire, no need for the SIN anymore and all the baggage that it carries, I am through with using it.

I want to give up my SIN, but want to take control the RRSP that I was suckered into for the first 25 years of my life.

Anyone have any tips to share?

Thanks!
Link to Post - Back to Top  IP: Logged

"One day the cows will sprout wings and fly away"

"You do not own your posessions, your posessions own you."
ticon888
New Member
*
member is offline





Joined: Mar 2008
Posts: 32
Karma: 0
 Re: RRSP?
« Reply #1 on Mar 10, 2008, 4:07am »

I know if you can take it out now however they will charge you tax on it. However if you no longer have a SIN I'm not sure what will happen. There are NRSP which are non-registered savings plans.
Link to Post - Back to Top  IP: Logged
elbowdeep
Full Member
***
member is offline

[avatar]



Joined: Jul 2007
Gender: Male
Posts: 216
Location: Ontario
Karma: 0
 Re: RRSP?
« Reply #2 on Mar 10, 2008, 5:15am »

Yes, each holding institution has it's own rules for withdrawal. Some will allow you to withdraw in $5K chunks, and it's up to you to "claim" it on your "income". Anything over 5K and they start witholding a hefty percentage. (But it varies).

I need a way to secure things, before I toss my SIN. Or is the act of tossing my SIN going to mean I give up my RRSP?
Link to Post - Back to Top  IP: Logged

"One day the cows will sprout wings and fly away"

"You do not own your posessions, your posessions own you."
ticon888
New Member
*
member is offline





Joined: Mar 2008
Posts: 32
Karma: 0
 Re: RRSP?
« Reply #3 on Mar 10, 2008, 11:56am »

http://www.hackcanada.com/canadian/freedom/mary_croft.pdf
I have never tried this before but in Mary Croft's book on page 26 she states "If we capture our strawmen by recording with the public it's name via a financing statement (PPSA) where your artificial person is the debtor and you are the secured party. She states on page 41 "that your Strawman is a corporate entity created by the government. If you are the surety then you are liable for its taxes, however if you are the secured party, the creditor to its debtor, then you have lien against it.
If this works that would be great because I am in the same position as you. However I would only use it to get back my RRSP's that I worked hard for. I would not abuse the situation like I heard from other people online. I feel why use the system that created the problem in the first place? I want to stay clear from them (bankers) as much as possible. They can leave me alone and I will leave them alone. Karma will always come around
That's my opinion anyways.
Peace and Good Luck
Link to Post - Back to Top  IP: Logged
elbowdeep
Full Member
***
member is offline

[avatar]



Joined: Jul 2007
Gender: Male
Posts: 216
Location: Ontario
Karma: 0
 Re: RRSP?
« Reply #4 on Mar 10, 2008, 12:31pm »

Thanks ticon, I'm only wanting to take control of the funds (withdraw them) without the witholdings.

Yes, karma will come around... I just want (in my hands), all that I've worked so hard for.
Link to Post - Back to Top  IP: Logged

"One day the cows will sprout wings and fly away"

"You do not own your posessions, your posessions own you."
openeyes
Senior Member
****
member is offline





Joined: Jul 2007
Posts: 331
Location: The Matrix
Karma: 2
 Re: RRSP?
« Reply #5 on Mar 11, 2008, 4:49pm »

hey elbowdeep
I just (Monday) redeemed all my RRSPs
should have seen the look on the managers face... she asked why and what i was going to do
I said "because i don't trust the Big Gov" and "I'm heading to Vegas" :)
I got hit with with-holding (quite a chunk)
but i figure I'll have some "hard" assets (u know what i mean) as opposed to electronic digits and worthless paper
I am in the process of going off shore and since I won't be making any $$$ CRA can KMA :)
« Last Edit: Mar 11, 2008, 4:49pm by openeyes »Link to Post - Back to Top  IP: Logged

This is one deep freakin' rabbit hole!
elbowdeep
Full Member
***
member is offline

[avatar]



Joined: Jul 2007
Gender: Male
Posts: 216
Location: Ontario
Karma: 0
 Re: RRSP?
« Reply #6 on Mar 11, 2008, 10:07pm »

We need to talk.
Link to Post - Back to Top  IP: Logged

"One day the cows will sprout wings and fly away"

"You do not own your posessions, your posessions own you."
oneundergod
Senior Member
****
member is offline

[avatar]


[homepage]

Joined: Feb 2008
Posts: 464
Location: great south ;Van Die Mens land
Karma: 1
 Re: RRSP?
« Reply #7 on Mar 11, 2008, 10:21pm »


Mar 10, 2008, 12:31pm, elbowdeep wrote:
Thanks ticon, I'm only wanting to take control of the funds (withdraw them) without the witholdings.

Yes, karma will come around... I just want (in my hands), all that I've worked so hard for.


take it out in copper and nickle coins
hard currency [the only real money there is ]

when scrooge mac duck went 'swimming in his money [he was looking for notes [to cash them in for real money
Link to Post - Back to Top  IP: Logged

there are no faulse prophets;only faulse gods*
&
one god made the dust to live ;
dont serve those who would return all life back to dust *
ticon888
New Member
*
member is offline





Joined: Mar 2008
Posts: 32
Karma: 0
 Re: RRSP?
« Reply #8 on Mar 12, 2008, 7:34pm »

Maybe if you put this with your notice of understanding:

Whereas it is my understanding that due to the fact that Canada is a bankrupt corporation listed on the United States Securities Exchange Commission (central index key 0000230098); and having not known the risk factors prior to the contract; the RRSP certificate #....... would not have been established

Whereas it is my understanding that the province of Ontario is also a bankrupt corporation listed on the United States Securities Exchange Commission (central index key 0000074615)

Whereas it is my understanding that due to the passing of Bill C-124 third session,34th parliament, 40-41-42 in 1991-1992-1993 in order to pay off the national debt the government might be required, and now has the legislation in place to confiscate the pensions, RRSPs, investments, property, and all other tangible assets of the people

Whereas it is my understanding that Canada committed an offence with the fraudelent sale of the RRSP fund listed certificate #.......by not disclosing this information to me

This is just my opinion...just an idea
I may even use this?

Link to Post - Back to Top  IP: Logged
miro
New Member
*
member is offline





Joined: Nov 2007
Gender: Male
Posts: 20
Location: ontario
Karma: 0
 Re: RRSP?
« Reply #9 on Mar 13, 2008, 12:20pm »

you can declare yourself a non resident of canada after transfering all titles (assets) that you currently hold to a nother person and have your rrsp moved out of the country tax free.

collect it in another contry that has very favorable tax laws on earned foreign income.

after rrsp liquidation move back to canada as a visitor

there is a book on the subject
if you want i can look for it at home and give you the title and author
Link to Post - Back to Top  IP: Logged
elbowdeep
Full Member
***
member is offline

[avatar]



Joined: Jul 2007
Gender: Male
Posts: 216
Location: Ontario
Karma: 0
 Re: RRSP?
« Reply #10 on Mar 14, 2008, 9:59pm »

Yes Please!
Link to Post - Back to Top  IP: Logged

"One day the cows will sprout wings and fly away"

"You do not own your posessions, your posessions own you."
   [Search This Thread][Send Topic To Friend] [Print]

Click Here To Make This Board Ad-Free


This Board Hosted For FREE By ProBoards
Get Your Own Free Message Boards & Free Forums!