#12 — Mark McGrath: TFSAs vs. RRSPs (15ish Minute Money)
The Wealthy Barber Podcast
Understanding RRSPs vs. TFSAs
This chapter explores the intricacies of financial planning by comparing Registered Retirement Savings Plans (RRSPs) and Tax-Free Savings Accounts (TFSAs), including their tax implications throughout various career stages. It emphasizes the importance of strategic withdrawals and income splitting to optimize retirement finances while considering future tax burdens and government policies.
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