The tax-free withdrawals of a TFSA offer more flexibility, but don’t offer a tax deduction like contributions to an RRSP. The type of account you choose will depend on your savings goals. Many or all ...

To transfer an RRSP from one financial institution to another, you must authorize the new investment provider to initiate the process. Be sure to check any RRSP transfer fees with your financial ...

Oh! Oh! You just found out you have, or may have, over-contributed to your RRSP and you want to know what to do next. I empathize with you as I also over-contributed to my RRSP once. The process to ...

Zack Fenech is a professional finance writer from Toronto. He is passionate about demystifying complex finance topics and making them digestible and easy to follow for the average Canadian. Zack has ...