2024 RRSP Contributions

Learn about the 2024 RRSP deadline change and how to calculate your potential tax savings. Plus, learn when NOT to contribute to your RRSP.

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Content of this video: 

00:00 - Intro

00:30 - RSSP Recap

01:17 - The 2024 RRSP Deadline is Different

02:38 - How Much Tax You’ll Save from RRSP Contributions

03:46 - RRSP Tax Savings Calculator

05:51 - When Not to Contribute to RRSPs

06:01 - Low Income Years

06:19 - Anticipating Higher Future Income

06:38 - Need for Liquidity

07:04 - Maxed Out Contribution Room

07:20 - High Debt Loads

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