The two-stage TFSA and RRSP tax arbitrage savings strategy that works for fast-growth incomes

2 weeks ago 6

Rommie Analytics

Putting money into a tax-free savings account in the short term and then moving it to a registered retirement savings plan down the road can be a useful strategy but it is largely circumstantial.

One piece of advice you will often hear is to put money into a tax-free savings account in the short term, but then move it to a registered retirement savings plan down the road.

The strategy can be useful, but what you should know is tha...

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