As seen in the scenarios above, you should aim to invest in both the TFSA and RRSP. With the TFSA you will pay no taxes on your principal or your earnings, even when you withdraw from your account later on. When it comes to the RRSP, your contribution limits are higher, but you’ll...
As seen in the scenarios above, you should aim to invest in both the TFSA and RRSP. With the TFSA you will pay no taxes on your principal or your earnings, even when you withdraw from your account later on. When it comes to the RRSP, your contribution limits are higher, but you’ll...