Spousal RRSP: One last thought
So the concept of a spousal RRSP really is a good thing if your household is a SINGLE income household (or if only 1 of the income will have a pension). It allows for a… Read More »Spousal RRSP: One last thought
Spousal RRSP: Benefits for Retirement
Spousal RRSP income sharing is still a large plus for the Spousal RRSP program. You can also income share in a pension, but a spousal RRSP is easier.
Spousal RRSP: Scenario
Discover how to effectively use a spousal RRSP to benefit your retirement. Calculate the advantages of a spousal RRSP in Ontario, and learn how Bob Taxpayer manages his retirement income of $54,000 a year.
Case 2: Refund to RRSP as well
If you put money into your RRSP and then plowed the refund back into your RRSP would that be good?
Case 1: Put it in the Bank
What do you do for a refund from putting money into your RRSP? Do you put it into your savings account?
