[By Jason Heath, Retire Happy]
Withdrawals from your Registered Retirement Savings Plan (RRSP) and other registered accounts can be deferred as late as the year you turn 72. Tax deferral may seem like a good thing, but there are several reasons to consider early withdrawals from your RRSP.
When should you not buy an RRSP?
[By Jim Yih, Retire Happy] A lot of articles this time of year encourage you to buy RRSPs. In fact, the RRSP is one of the best tax planning strategies available to Canadians. However, there are increasing critics of the RRSP because while you may get tax benefits on the way into an RRSP, you … Read more
