RRSPs are a great tool to save for retirement, but they can become a huge tax nightmare if misused during the withdrawal phase of life. If you do nothing, a large portion of your RRSP will more than likely to donated to the CRA. Here are 3 reasons why you should meltdown your RRSP.
Marc Sabourin is a Winnipeg-based Financial Advisor and Retirement Specialist with Harbourfront Wealth Management. His specialty is working with pre-retirees and retirees who are looking for retirement, investment, & tax advice.Â
Disclaimer: The views expressed are those of Marc Sabourin, Certified Financial Planner, and Investment Advisor, and not necessarily those of Harbourfront Wealth Management Inc., a member of the Canadian Investor Protection Fund
