RRSP Explained Beginner s Guide Everything You Need To Know 2023

This video is a beginner's guide to the RRSP ( registered retirement savings plan). what is the RRSP? how does the RRSP work? how to reduce taxable income? how do RRSP contributions work? how over-contributions work? how to withdraw from your RRSPs? who is the RRSP for?

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CHAPTERS

0:00 what is an RRSP?
1:57 reduce taxable income
3:22 tax-deferred growth
4:11 how contributions work
5:24 over-contributions
5:48 withdrawing from RRSPs
7:25 HBP & LLP
8:12 options when you turn 71 or start withdrawing
8:57 who is the RRSP for?