RRSP_How to Save for Retirement in Canada (2025)
What is an RRSP? A Registered Retirement Savings Plan (RRSP) lets Canadians contribute pre-tax dollars, take a tax deduction, and grow investments tax-deferred until withdrawal. Contribution room equals 18% of last year’s earned income up to the annual dollar limit, reduced by any pension adjustment; unused room carries forward. For 2025 the RRSP dollar limit … Read more