21 Essential Tips you need for your RRSP Success.
21 Essential Tips you need for your RRSP Success...
Welcome to the 2013 RRSP Season.
It is that time of year again when RRSP commercials dominate the airwaves, and in its celebration, we have created 21 Essential Tips you need to know for your RRSP Success.
Over the next 21 days we will be adding one tip per day to help you better understand RRSP's and we Guarantee you will find at least one thing you didn't know before.
To get your daily dose of RRSP Tips, you need to follow Steffen deGraaf on Twitter, and daily you will learn one new aspect of this very popular Canadian Investment Vehicle.
Here are the first 3 tips, the most basic ones always start the series, so make sure you follow, to get the more in depth tips and tricks by the end of the series.
You will be glad you did...
RRSP Tip 1.
An RRSP or an RSP is a Registered Retirement Savings Plan. It has been a great way for Canadians to save in a Tax Friendly way.
RRSP Tip 2.
Who can contribute? Anyone over the age of 18, who has employment income for the tax year is eligible to invest in an RRSP.
RRSP Tip 3.
Carry forward in your RRSP. Even if you don't contribute the max to your RRSP this year, don't Fret, you can use it next year...