RRSP (Registered Retirement Savings Plan)

RRSP

Your RRSP will likely represent a key source of your retirement income. The savings that you accumulate in your RRSP over the years can be converted to an income source once you retire. A thorough understanding of these rules and strategies, accompanied by effective management of your RRSP assets, may help you accumulate savings for your retirement. The purpose of this article is to review the basics of RRSP investing and provide an outline of potential strategies that may help you maximize your RRSP savings.