Retirement Planning
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Deciding how and where you save your money is a big part of your retirement plan.
In Canada, the federal government offers incentives to help you save money and build your retirement nest egg
Ways to Save for Retirement:
Ways to Save for Retirement:
RRSP:
RRSP:
Lets you reduce your taxable income. Your savings can grow tax-free as long as your money stays in the plan. You choose how to invest your savings.
TFSA:
TFSA:
Lets you save tax free for any goal. The 2020 contribution limit is $6000. You may withdraw it whenever you want without paying any tax.
Contact Rob Gillrie to learn more about RRSPs and TFSAs and how they can help you save for retirement. It's never too early to start!