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questcequecest?

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Posts posted by questcequecest?

  1. wrt to maximising RRSP before TFSA' date=' i don't understand this strategy... wouldnt it be prudent to maximise your TFSA first? since the money can grow and be withdrawn, all without penalty?[/quote']

    Maybe, but you get a tax deduction for RRSP contributions, which you don't get for TFSA contributions.

    Aloha,

    Brad

    ahhh... i was under the impression that the TFSA was also a tax shelter. this sheds new light, thanks bradm!

  2. no worries, the Bank of Canada recently slashed rates again... that's why i pointed it out.

    wrt to maximising RRSP before TFSA, i don't understand this strategy... wouldnt it be prudent to maximise your TFSA first? since the money can grow and be withdrawn, all without penalty?

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