How does an RRSP contribution reduce your income tax?

Описание к видео How does an RRSP contribution reduce your income tax?

Contributions to an RRSP can reduce your tax bill. If you pay your taxes throughout the year, you can get a refund at tax time for making an RRSP contribution. If you had tax owing, an RRSP contribution can lower that amount. This video explains how it works.

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