Q: Last year, I contrib­ut­ed to my Registered Retirement Savings Plan (RRSP). I did not claim the deduction, as I did not have taxable income. That year I withdrew the same amount (less taxes). To my ...
The RRSP deduction limit for 2026 has increased, giving Canadians more room to save for retirement while reducing their ...
A client who plans to withdraw from their TFSA in early 2026 should consider making the withdrawal now, before year-end. “Doing so will allow for recontributions as early as January 1, 2026, as ...
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 ...