Jump-Start Savings and Enhance Tax Refunds
1. Let's Talk RSPs CLICK
2. Find out your RRSP maximum contribution limit
3. Have the government fund your next big thing
4. 8 Smart ways to put your tax savings to work
A lot of us could use more money. In fact there are many ways we could put that money to use. Ultimately we should aim to put more money to work!
There's $789 billion in unused RRSP contribution room. That's an average of over $32,000 of unused contribution room per eligible person in Canada. You're likely to know someone who hasn't maximized their RRSP contributions.
Why? (Other than as a whole we don't make or save enough money)
-We struggle understanding the RRSP program and put it to work
-We haven't been educated on the power of the RRSP loan
Simply a RRSP is a tax shelter for an accumulation of money for retirement. All capital gain & distributions are tax deferred within the plan.
RRSP loans provide us with an opportunity to "catch up" on unused contributions by
1. allowing for a much larger initial or lump sum investment
2. enhance tax refund
What would you do with an enhanced tax refund?
Send me an email to find out some options.
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