skip to Main Content

When to Invest in RRSPs vs when to Invest in TFSAs

An RRSP contribution is most tax advantageous if made during your highest earning years and withdrawn in your lowest earning years.  Otherwise, a TFSA may provide the better investment vehicle from a tax perspective. So when should you invest in RRSP vs. a TFSA? RRSP Registered Retirement Savings Plans (RRSPs) offer an immediate and potentially…
READ MORE