In RRSP season, you may wonder “How much should I contribute to my RRSP?” The proper way to figure this out is to identify your “optimal RRSP/TFSA contribution”.

Understanding how to figure out the very best RRSP contribution to make is a vital concept. It is a key factor in every retirement plan.

This article was written for The TaxLetter, a subscription newsletter for accountants and tax specialists.

Read more… TTL_The Optimal RRSP TFSA Contribution 2013 02

Posted in Financial Planning Wisdom, Retirement Planning Wisdom, Tax Strategies, TFSA or RRSP?

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