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Podcast Demystifying Community Housing 05
Tax-Free Savings Accounts were designed to help lower-income Canadians put money away for retirement. But a decade into the program, new research shows that TFSAs are primarily benefitting higher-income savers. A saver’s credit and other tax changes could be the keys to fixing this flaw, writes Richard Shillington in a widely read study for the IRPP.
Richard Shillington is a statistician specializing in poverty measurement, tax policy and low-income supports. He joins us on the podcast to discuss his study and its implications for low-income savers.
Download for free. New episodes every second Wednesday. Tweet your questions and comments to @IRPP or @jbugiel.