RRSP vs TFSA
RRSP vs TFSA … quick facts It is always to consider saving for your retirement and at the same time reduce your income tax and/or maximize your tax refund. Most people will start contemplating which road to go … RRSP or TFSA, but for starters, you may wonder what are they and which one is best for you? RRSP RRSP (Registered Retirement Savings Plan) is a savings plan registered with the federal government that allows you to save for your retirement. With an RRSP your contributions reduce your taxable income and your investments grow on a tax-deferred basis – you...
January 19, 2019
5 min read