Withdraw from a TFSA to contribute to an RRSP?
Think about your future retirement income level before you raid your TFSA to feed your RRSP
Advertisement
Think about your future retirement income level before you raid your TFSA to feed your RRSP
Think about your personal tax rate whenever you mull an RRSP withdrawal
Investors are shifting from one to the other, due to its flexibility
You pay a penalty either way, but RRSPs can work out better for seniors
Advertisement
It's hard to invest money when you're making minimum wage. But you can make the boost add up
Smart stock picks better suited for the long term
It depends on whether you're their beneficiary, a successor holder or neither
Advertisement
RRSP? TFSA? Non-registered account? Choosing the right one makes a huge difference