The benefits of maximizing your RRSP

They say you can’t make up for lost time but that’s not necessarily the case with contributions to your Registered Retirement Savings Plan (RRSP). Canadians are allowed to carry forward unused RRSP contribution room until the age of 71. So, if you didn’t maximize your RRSP contributions in past years, you can still take advantage of the opportunity to invest more than your annual contribution limit this year, make up for shortfalls in past years and take advantage of a large tax deduction, all at the same time. Maximizing your RRSP contributions is one of the best strategies to build the retirement you deserve and dream of.

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Feel free to contact me or visit my website for more information.

 

Douglas J. Bodtcher                               
Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com

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This entry was posted on Friday, September 13th, 2013 at 9:41 am and is filed under Investing, RRSP, Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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