RRSP Registered Retirement Savings Plan Canada is a tax-deferred account designed specifically for retirement savings. Any resident of Canada under the age of 71 who has earned income may establish and contribute to an RRSP.
November 19th,2010 | www.WorldWealthBuilders.com |
“RRSP can be utilized to its maximum benefits as per the guidelines of Canada Revenue Agency (CRA) apart from tax deferral and retirement savings. Being an educated Professional Real Estate investor would be able to get benefits many times over “ says Navtaj Chandhoke, founder, World Wealth Builders, a Canadian Institute for Real Estate investors and mentoring. You need to learn and keep yourself up to date to have maximum benefit from your RRSP”.