INTRODUCTION to TFSAs Since its introduction in 1957, the RRSP has been one of the best tax shelters available. Aside from RRSPs, there are few ways Canadians can shelter income, which limits the growth potential of an investment portfolio. The investing landscape changed when the federal government implemented an ambitious agenda to reduce taxes and […]
A registered disability savings plan (RDSP) is a savings plan that is intended to help parents and others save for the long term financial security of a person who is eligible for the disability tax credit. Contributions to an RDSP are not tax deductible and can be made until the end of the year in […]