“It’s almost the end of the year and that means you have less than two weeks left to claim up to $10,000 in Registered Retirement Saving Plan (RRSP) savings on your income tax return!If you have yet to begin your registered retirement planning, come in or speak to one of our helpful agents.”This was the content of a 2014 Facebook post by the Insurance Corporation of Barbados (ICBL), encouraging Barbadians who were wise enough to begin early planning for their retirement, to also take advantage of tax credits they could claim on their annual personal income tax filing.It was the kind of incentive of which many people took advantage, and this was long before our minds ever contemplated a global pandemic that would turn our lives and economic well-being into total disruption and chaos.
