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

******************************

✅ Sign up for our newsletter here: [ Ссылка ]

******************************

🎥 CONTENTS 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

******************************

🔗 MENTIONED IN THIS VIDEO

► The Ultimate Guide to RRSPs to Secure Your Retirement - Blog Post
[ Ссылка ]

► The Ultimate Guide to RRSPs to Secure Your Retirement - YT Video
[ Ссылка ]

► Tutorial on Calculating Your Own Tax Savings from RRSP Contributions
[ Ссылка ]

► Wealthsimple Tax Calculator
[ Ссылка ]

► TFSA vs RRSP - Tips to Lower Your Taxes and Build Wealth - YT Video
[ Ссылка ]

******************************

🅰️ AVALON ACCOUNTING

Avalon is a virtual accounting firm located in Canada. We aim to be THE online accounting department for small businesses in Canada.

We provide online bookkeeping, accounting services and expert financial advice for small businesses.

We are on a mission to educate small business owners through our YouTube channel, blog and free resources. Check out our links below to dive in.

► Website: [ Ссылка ]

******************************

🧑‍🏫 ONLINE COURSES
► Take your business to the next level with our online courses.
[ Ссылка ]

📈 BOOKKEEPING AND TAX FOR FREELANCERS
► This course teaches sole proprietors how to simplify bookkeeping and taxes.
[ Ссылка ]

свернуть