RRSP: What Is It And Should You Have One?

A Canadian RRSP (Registered Retirement Savings Plot) is a tax advantaged investment plot. Anyone who is resident in Canada can contribute funds to an RRSP if they have earned income. The mechanics of the plot are that you get a Canadian income tax deduction for the contribution you constitute to the RRSP and you do not pay Canadian income tax on the income earned inside your RRSP until you constitute a withdrawal from the plot. More information: click

Read more ...