Episode 4: RRSP Limits EXPLAINED + why sometimes you DON'T DEDUCT your RRSP deposit.

If you have asked yourself how do I know my RRSP limit, does RRSP limit carry over or what the RRSP contributions rules are, in Episode 4 of our Tax Tips and Investing series we cover the basics of RRSP contribution and deduction limits, why it doesn't always make sense to deduct your RRSP contribution and what happens when you over contribute to your RRSP and how to fix it.

RRSP OVER CONTRIBUTION FORM : https://www.canada.ca/content/dam/cra...

OTHER VIDEOS TO CHECK OUT:

WHAT NEXT WHEN YOUR TFSA IS MAXED :    • RRSP vs Non-Reg - Are RRSPs WORTH IT?  
SHOULD I USE MY RRSP TO PAY OFF DEBT :    • Selling Your RRSP to Pay Off Debt - S...  
HOW TO GET YOUR CREDIT REPORT FOR FREE ONLINE :    • How to check your CREDIT for FREE onl...  
GROW YOUR TFSA TO $1,000,000 :    • The Power of Tax-Free Investing Over ...  

REFERENCE LINKS:

CANADA REVENUE AGENCY RRSP LIMITS: https://www.canada.ca/en/revenue-agen...

RRSP OVER CONTRIBUTION FORM : https://www.canada.ca/content/dam/cra...

CANADA REVENUE AGENCY RRSP CONTRIBUTION GUIDELINES : https://www.canada.ca/en/revenue-agen...

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