How to Make Tax Efficient Withdrawals from RRSPs
Not everyone heads into retirement with a maxed-out TFSA and a well-funded non-registered account. If most of your savings are in RRSPs, RRIFs, LIRAs, or LIFs, your withdrawal strategy becomes one of the most important financial decisions you’ll make. Every dollar you pull out gets added to your taxable income, and the wrong move could […]