In this special year-end episode of Wealth Wednesday on CHCH Morning Live, Yvonne Delry, Investment Specialist from FirstOntario Credit Union and Aviso Wealth, shares essential tips on maximizing your RRSP contributions as we approach the end of the calendar year. Learn how to calculate your contribution room, avoid penalties, and plan for a secure retirement.
Topics covered:
- Year-end RRSP contribution strategies
- Understanding your RRSP contribution room
- Tax implications and benefits of RRSPs
- Alternative savings options like TFSAs