What are the limitations of a TIME MACHINE projection?
Where to find it: TIME MACHINE results; Resources → Terms and Conditions
A TIME MACHINE result illustrates the scenario you entered. It depends on inputs such as expenses, investment returns, inflation, lifespan and future events, as well as the model’s tax and benefit rules. It is not a prediction or a guarantee of future results.
MRA calculates Canadian federal and provincial or territorial taxes and benefits, but it does not implement every tax provision or every financial product. Some features use assumptions or approximations. TIME MACHINE does not verify that every proposed transaction meets all CRA requirements or all the terms of a particular financial contract.
Known restrictions are described in the relevant page Help and eBook sections. You can use Contact us to ask about a calculation or suggest a missing feature. The Terms and Conditions explain the service’s limitations.