Calculator in Grass It’s RRSP week here at Morningstar. And the clock is ticking, as February 29, 2024, is the official deadline for contributing to Registered Retirement Savings Plans (RRSPs) for the 2023 tax year. December 31 of the year you turn 71 years of age is the last day you can contribute to your own RRSP .
Canadians have multiple options for savings for retirement, and recently the tax-free savings accounts (TFSAs) have become more popular. According to a recent StatCan report , An increasing proportion of families contributed to a TFSA from 2009 to 2020, while proportions of […]
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