14 Feb 2013

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RRSP deadline is only weeks away

The March 1, 2012 RRSP deadline is fast approaching! I hope you have consulted your financial planner to find out more about RRSP vs. TFSA or if a combination of both would work best to help you acheive your retirement goals. More important is the investments within the RRSP or TFSA, however, your financial planner can better explain. Top 6 differences between TFSAs and RRSPs An RRSP is intended for retirement savings. A TFSA can be for any type of savings goal. RRSP contributions are tax deductible. TFSA contributions are not. With an RRSP, you deduct your contribution from the income you report on your…

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