#12 — Mark McGrath: TFSAs vs. RRSPs (15ish Minute Money)
The Wealthy Barber Podcast
Understanding RRSPs and TFSAs: Comparing After-Tax Outcomes
This chapter explores the differences between Registered Retirement Savings Plans and Tax-Free Savings Accounts, emphasizing a common misconception regarding their after-tax benefits. Through illustrative examples, the speakers clarify how contributions affect long-term financial outcomes and the tax implications at withdrawal.
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