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We are pleased to provide a variety of resources on accounting, taxation and other related subjects that we hope will be helpful to both individuals and businesses.

Using An RRSP as a Tax-Planning Tool

rrspmon

An RRSP is more than simply an account for retirement savings. Yes, it’s a must-have when saving for retirement, but the Registered Retirement Savings Plan (RRSP) is an effective tax-planning tool.

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Tax-Free Savings Account (TFSA) and the Registered Retirement Savings Plan (RRSP)

RRSP-TFSA RRSP or TFSA?

Chances are you’ve heard about the Tax-Free Savings Account (TFSA) and the Registered Retirement Savings Plan (RRSP). These accounts work harmoniously to enhance your finances through tax deductions, no tax, or other benefits. The sooner you open these accounts, the sooner they can help you towards your life’s goals.

It’s important to know the particular benefits of these accounts for various goals you may have.

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