Spousal RRSP: One last thought
So the concept of a spousal RRSP really is a good thing if your household is a SINGLE income household (or if only 1 of the income will have a pension). It allows for a… Read More »Spousal RRSP: One last thought
So the concept of a spousal RRSP really is a good thing if your household is a SINGLE income household (or if only 1 of the income will have a pension). It allows for a… Read More »Spousal RRSP: One last thought
Spousal RRSP income sharing is still a large plus for the Spousal RRSP program. You can also income share in a pension, but a spousal RRSP is easier.
So a reliable and fool-proof way in Canada to do income splitting is by using the concept of the Spousal RRSP. This can work, but specific scenarios
I wrote this before the dawn of the TFSA, so I have spruced it up with where your TFSA might fit into this equation. The data I mention are in the following posts: Case 1:… Read More »RRSP or Mortgage Then?
If you put money into your RRSP and then plowed the refund back into your RRSP would that be good?