RRSP contribution deadline:
March 1, 2021
Maximize your contributions
and tax savings with
the help of our sound advice!
How do you invest while maximizing your tax savings?
Here’s a practical summary to help you understand the advantages of RRSPs and TFSAs.
Registered retirement savings plans (RRSPs) allow you to invest now in preparation for your retirement, and also take advantage of the Home Buyers’ Plan (HBP).
Tax-free savings accounts (TFSAs) allow you to save for personal projects (travel, renovations, etc.) and also build up an emergency fund.
Do you know how much to contribute to your RRSP? It depends on your situation and your retirement goal.
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