Death, taxes and your RRSP: What you need to know to minimize the tax hit to your estate

Author: External Author | | Categories: Financial Advisor , Financial Consultant , Financial Planner , Insurance Advisor

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.

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Original Article Source Credits: Financial Post,

Article Written By: Jamie Golombek 

Original Article Posted on: 14th May 2021

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