What is an RRSP?
An RRSP is simply a saving or investing account with certain tax-saving characteristics.
Rob Gerlsbeck
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Is the money in my RRSP really tax-free?
RRSPs are simply a method to defer taxes until later in life when most people earn less and are therefore taxed at a lower rate.
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Can I take money out of my RRSP without a penalty?
You can tap your RRSP if you’re buying a home or going back to school.
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Should I get a spousal RRSP?
Spousal RRSPs are ideal for couples with unbalanced incomes.
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Should I buy stocks, mutual funds or ETFs?
It all comes down to what kind of investor you are.
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What happens to my RRSP when I retire?
Most people transfer their assets into a Registered Retirement Income Fund, or RRIF, once they turn 71 to convert savings into regular monthly payments.
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Should I contribute to my mortgage or RRSP?
Conventional wisdom says make your mortgage a priority.
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Are income trusts a good choice for my RRSP?
Income trusts may still be worthwhile investments but they’re probably best kept outside your RRSP.
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I have a pension. Do I need an RRSP too?
Unless you are a public servant, chances are you’ll need an RRSP.
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Should I change my RRSP investments as I age?
The make-up of your RRSP portfolio should change as you age.
