Скачать или смотреть What is RRSP? - A complete beginners guide on RRSPs

What is RRSP? An RRSP is a retirement savings plan to help Canadians save for retirement. This video covers on all the questions that you can have on RRSPs. starting from..

What is an RRSP?
What are the benefits of RRSP?
How can one start an RRSP?
How much money can one invest in RRSP?
What is the RRSP deduction limit?
How can you withdraw the money from RRSP?
Can one withdraw the money before retirement?
What is Home buyers plan?
What is LLP?
What is Spousal RRSP?
What is attribution rule?

DISCLAIMER: I am solely sharing my personal experiences and opinions. I am not a financial advisor; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For financial or investment advice please seek the counsel of a financial/investment advisor(s), and conduct your own due diligence.

All the data and images are taken from the respective websites and is not owned by me. No copyright infringement is intended. The details are used under the fair use of copyright act for the purpose of criticism, comment, news reporting, teaching or research.

Timelines:
0:00 Intro
1:00 What is an RRSP?
2:00 How RRSP works?
3:00 Contribution and deduction Limit
5:00 Walkthrough with an example
7:40 Excess contribution to an RRSP!
8:49 How to withdraw funds from RRSP?
10:20 Tax implication of RRSP withdrawals!
13:20 HBP and LLP
14:45 What is Spousal RRSP?
16:29 Withdrawing from Spousal RRSP!

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