#12 — Mark McGrath: TFSAs vs. RRSPs (15ish Minute Money)
The Wealthy Barber Podcast
Navigating RRSPs and TFSAs: Tax Benefits and Behavioral Impacts
This chapter explores the differences between Registered Retirement Savings Plans and Tax-Free Savings Accounts, focusing on their effects on taxable income and eligibility for benefits. It also covers the advantages of strategic RRSP contributions and the behavioral aspects of using TFSAs for cash management.
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