This is just a quick reminder that March 1 is the deadline to contribute to a RRSP this year! After March 1, your RRSP contributions will only be deductible against your taxable income for the next year (or subsequent years). As with anything, it's always good to do some research before you invest your hard earned dollars in something. So here are some helpful links and resources to help you with your investment decisions:
- The Canadian Revenue Agency's page on RRSPs and related plans as well as a primer on contributing to an RRSP
- The RedFlagDeals.com Personal Finance Forum where you can ask questions and get feedback from the community
- A comprehensive look at the various savings rates offered by banks across Canada from forum poster angel_wing0