Registered Retirement Savings Plans
Is one right for you?
Unless you are lucky enough to belong to a highly rewarding pension plan, then
you will be much better off saving some of your earnings for your retirement.
For Canadians, the federal government offers a Registered Retirement Savings
Plan (RRSP) that delays the income tax on the money you put into them, as well
as the income they generate. However, there are some pitfalls with using these
As a matter of fact, with the government as your investment partner, you are
building a ticking, tax, time-bomb! To find out whether an RRSP is right for you, read this article: