Tag: RRSPs
Retiring surgical nurse Richard needs to know whether or not to max out RRSPs or high up TFSAs
Q. I’m a 58-year-old surgical nurse retiring in July. My retirement pension can be roughly $55,000 yearly and it’ll begin paying out in September. I’ve $48,000 in unused registered retirement financial savings plan (RRSP) contribution room. Ought to I max out my contributions on my 2025 taxes? I’ve sufficient saved to take action. Or, ought