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

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Ed Rempel has helped thousands of Canadians become financially secure. He is a fee-for-service financial planner, tax  accountant, expert in many tax & investment strategies, and a popular and passionate blogger.

Ed has a unique understanding of how to be successful financially based on extensive real-life experience, having written nearly 1,000 comprehensive personal financial plans.

The “Planning with Ed” experience is about your life, not just money. Your Financial Plan is the GPS for your life.

Get your plan! Become financially secure and free to live the life you want.

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