Category: Retirement

Jul 11

RRSP or TFSA?

The Registered Retirement Savings Plan (RRSP) was introduced in the 1950s as a means for Canadians to save for retirement. Since that time, the RRSP has become a staple of retirement savings largely because of the tax-deferral opportunities it provides. Given that tax-efficiency continues to be a key factor in the accumulation of savings, the […]
Jan 30

Benefits of RRSPs and Scenarios

Benefits of Registered Retirement Saving Plans (RRSPs) and Scenarios: Registered retirement saving plans (RRSPs) provide potential for growth on a tax-advantaged basis, which is an advantage over non-registered savings policies. Contributing early and often to an RRSP can help grow your wealth considerably more than in a tax-exposed investment. A contribution to an RRSP means […]
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