RRSP Help - Tips for RRSP Success
Tips for successfull RRSP investments:
- As much as possible, try to consolidate your RRSPs
- If you can, always make the maximum contributions
- Explore carry-forward opportunities
- Non-Cash contributions can be a good alternative
- Take advantage of any Over-contribution rules and regulations
- Used borrowed funds for your RRSP contributions
- Contribute early and regularly.
- RRSPs are not the only investment opportunity, so plan for other investments.
- Use spousal RRSP plans to split income
- Stay invested