Death, taxes and your RRSP: What you need to know to minimize the tax hit to your estate
For millions of Canadians, the RRSP, and it’s common successor, the RRIF, provide a lifelong tax deferral which allows a taxpayer to set aside a portion of their income while working for use later in life, often in retirement.
Original Article Source Credits: Financial Post, https://financialpost.com/
Article Written By: Jamie Golombek
Original Article Posted on: 14th May 2021