30th April 2009

Offers we cannot refuse

posted in economy |

Today is the last day for the average Canadian to confess and ask for penance. Tax returns, of course. Now, since I am both virtuous and methodical, my four returns were submitted ever and long ago (who knew that a day could be so long?), removing the spouse and me from that double whammy of a late return penalty. My children faced a different situation.

Sons #1 and #2 filed their first returns this year. Somehow, children aren’t born with bitterness towards the taxation acts (the real original sin), and both looked forward to the experience. Even with my software to ease the task, some things aren’t easy. Neither had the right to file electronically, so we printed out the forms for mailing. No envelopes, either. Son #1 used the dog to tow him uphill to collect genuine mailers (federal and provincial), but son #2 decided to do that later, downtown on the way to work. A small matter of the printer needing a new toner cartridge interrupted the print queue, which meant that he left with less than half of his paperwork. Just another bump on the way to fiscal responsibility.

My sons are now part of the great machine. I should rejoice, I guess.

I received an envelope today containing one of those “offers you can’t refuse”. Back in the time of the winter solistice, I requested a review of my pension plan. My early years were (then) not eligible for coverage, but I was so happy to have a real job that I didn’t care. Under the new act, I have the right to buy back two years by making the contribution (now). A small amount of money leading to far greater rewards. The offer asks me to submit a certain sum of money for the next 36 months. In return, my eventual payout will be increased by “about the total amount requested”, except that I will receive that amount every year until I no long am eligible (deceased). Not a bad deal, especially if I live beyond retirement plus one year…

This entry was posted on Thursday, April 30th, 2009 at 20:12 and is filed under economy. You can follow any responses to this entry through the RSS 2.0 feed. | 342 words. Both comments and pings are currently closed.

Comments are closed.

  • Archives

  • Categories

One Laptop Per Child wiki Local Weather

International Year of Plant Health

PHP Example Visiting from 18.217.118.7

Locations of visitors to this page