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TR1 FT Tax Registration  Form

TR1 FT Tax Registration Form

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Hi everyone and welcome back to The Independent Dollar. Today we're taking a closer look at RRSPs and a few reasons you should stop using them. If you're like us, then you probably grew up being told you need to start saving as young as possible, and when you do, all of your savings should be going into an RRSP account - that magical retirement account that you need to have if you eventually want to be able to retire. So let's jump right into it and see a few examples of when RRSP can actually work against you. First up is if you have a low income. I know it can be exciting to purchase your very first investment and start to see those retirement savings grow, but if you're just starting off in your career or you have a modest income working full-time, you really should consider avoiding the RRSP. RRSPs are all about the tax savings that they offer us, RRSPs have been around since the late 1950s but since then, other options have been created that might b

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