How Do RRSPs Actually Work? | Tips on RRSPs from a CFP 

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Do you think of RRSPs as a way to save on tax or as a tax liability?
Whether you have an RRSP already or are thinking of transferring an investment account to an RRSP, it's essential to understand how this financial tool actually works.
One of our clients' most significant concerns is minimizing their tax liabilities, which is why we've made this video about RRSPs. Nobody likes to get hit with a surprise tax bill. That's why proper tax and retirement planning are so important.
When your investments are well-managed and you have a solid retirement plan, you can stop worrying about your finances.
Instead, you can focus on your next adventure.
Table of Contents:
00:00 Intro
00:32 Understanding RRSPs
01:49 RRIFs
02:20 US Canada Tax Treaty
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#RRSP #financialplanning
KEY TOPICS IN THIS VIDEO:
retirement, RRSP, RRSP in Canada, How RRSP Actually Works