RSP vs RRSP: Which Is Best for You

Canadian Lic10 Jan, 2025Finance

Choosing between an RSP (Retirement Savings Plan) and RRSP (Registered Retirement Savings Plan) depends on your financial goals. While both are savings tools, RRSP offers tax-deferred growth and contribution limits based on your income, making it ideal for long-term planning. RSP provides flexibility but lacks the tax benefits of an RRSP. Request an RRSP Quote to compare options and find the right fit for your retirement strategy. Plan today for a secure tomorrow!

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