If the employer’s contribution to an employee’s RRSP is not a matching contribution but instead is a direct allocation from company funds, it is still considered an employer contribution under Canadian tax law?
If an employer makes contributions into a Group RRSP, which is considered a cash contribution, as the employee is free to withdraw the amount prior to retirement or termination of employment - must income tax be deducted along with CPP and EI, at source?
If income tax is not deducted at source, does that affect how it is reported on the T4 - should the amount be excluded from Box 14 and only entered into Box 40, or does it still get reported to both despite not deducting income tax at source? The CRA website is not clear on this.
