Essentially, yes: those who have been able to maximize would no longer be able to put in that additional $4,500. They would be the ones being penalized, basically.
On April 12th, 2016. See this statement in context.
On April 12th, 2016. See this statement in context.
April 12th, 2016 / 11:10 a.m.
General Director, Tax Policy Branch, Department of Finance
Essentially, yes: those who have been able to maximize would no longer be able to put in that additional $4,500. They would be the ones being penalized, basically.
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