How to maximize your last-minute RRSP contribution

Author: External Author | | Categories: Financial Consultant

Blog by Westgroup Financial Management Inc.

Mark your calendars: the deadline for Registered Retirement Savings Plan (RRSP) contributions for the 2020 tax year is March 1, 2021. But before you rush to deposit your money in a GIC or high-interest RRSP savings account at a local bank and call it a win, you should know there are other options that are just as simple and convenient—and better for your bottom line. Here’s how you can get the most out of your retirement savings all year long.  

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Original Article Source Credits:   Money Sense , https://www.moneysense.ca/

Article Written By:  TAMAR SATOV

Original Article Posted on:  JANUARY 25, 2021

Link to Original Article:  https://www.moneysense.ca/sponsored-by-questrade/how-to-maximize-your-last-minute-rrsp-contribution/



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