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 Canada CRA T3012A 2018

2018-2025 Form

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hey guys it's Adrian here the Canadian in a T-shirt and today I'll be breaking down what is an RRSP and how to invest in your RRSP to minimize your tax bill and maximize your long-term growth I'll go over the benefits of an RRSP the contribution limits and the rules regarding tax deductions and in part 2 of this video I'll go over RRSP withdrawals and I'll talk about what kind of investments you should hold in your RRSP to maximize your tax efficiency this is the third chapter in my Canadian tax guide and I'll be assuming that you have a basic understanding of taxable income tax brackets and deductions if you need a refresher on how Canadian taxes work click the pop-up at the top right to check out my previous videos on Canadian taxes throughout this video I'll be comparing the RRSP to the TFSA the tax-free savings account so make sure you check out my TFSA video first and then come back to this one an RRSP stands for registered r

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