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Share this video with a friend: • RRIF vs RRSP What's th...
In this week’s financial planning video, we’re going to cover the top 3 things you need to know about RRIFs vs. RRSPs. Plus find out why you may want to take money out of your RRSP sooner.
After years of working with clients, we’ve found that minimizing tax is just as important as investing for the future. Nobody wants to get a surprise tax hit. That’s why financial planning is so important.
An RRSP is a tool created by the Canadian government that’s useful for both Canadian investors and dual-citizens or expats.
But one thing people often forget is that while an RRSP helps you save on tax it also represents a tax liability.
Schedule a call with an advisor at SWAN Wealth by visiting our website: www.swanwealth...
In This Video:
00:00 Intro
00:27 RRSPs
01:00 RRSP Contribution Room
01:10 RRIF
01:30 Dual-Citizens
01:40 Withdrawing from an RRSP
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#RRIF #RRSP
KEY TOPICS IN THIS VIDEO:
retirement, 401k, retirement planning, 401(k), personal finance, investing, 401k investing, ira, financial planning, IRS, retirement, ira, investing, American in Canada, expat, individual retirement account, personal finance, 401k when leaving us, retirement savings, 401k for expats, CFP, retirement planning, cross-border financial planning, cross-border financial planning,financial advisor, CFP, wealth management,retirement planning, moving from USA to Canada, cross-border investing
15 авг 2024
