CRA Warning for Canadian Seniors, Are You Making These Costly RRSP Mistakes?
Registered Retirement Savings Plans (RRSPs) remain a powerful tool for Canadians to build their retirement nest egg. Their primary appeal lies in tax deferral—you don’t pay tax on RRSP contributions until you withdraw the funds, ideally in retirement when your income is lower. But in today’s economy, retirement doesn’t always mean stopping work completely. As … Read more