In Canada we have two great savings vehicles sanctioned by the government. We have the venerable RRSP (Registered Retirement Savings Plan) introduced in 1957 and the more recent TFSA (Tax Free Savings Account) introduced in 2013. What are the pros and cons of each and when should you use one or the other or both?
More about RRSP’s and TFSA’s in the next edition of This Month has Ninety Days. Subscribe here to get the answer to your inbox.