Should You Contribute to Your RRSP or TFSA?
My first post at BankNerd.ca… At the beginning of February I was delighted to be accepted into the Guest Authorship Program at BankNerd.ca. I’ve written my first article, fortuitously launched on Valentine’s Day. 🙂 The post is titled Should You Contribute to Your RRSP or TFSA? In this post I look at the basic differences between the TFSA and RRSP, and why I think the TFSA is a better option for most Canadians. I also bring up the point that RRSP Withdrawals become taxable income, and that the RRSP is really a tax deferral plan. “Not only can Canadians contribute …