If you want to save and invest your money wisely, you need to understand the difference between RRSP and TFSA. These are two of the most common types of tax-advantaged savings accounts in Canada, but they have distinct advantages and disadvantages.

In this video, I'll explain how RRSPs and TFSAs work, how much you can contribute to each one, and how they affect your tax situation. We'll also help you figure out which one is better for your financial goals, whether you're planning for retirement or something else.

Don't miss this chance to learn more about these amazing savings options. Watch our video now and find out how to optimize your money with Registered Retirement Savings Plan Vs. Tax-Free Savings Account.
----------------------------------------------------------------------------------

Zoombooks, the best expense tracking and bookkeeping app for self-employed professionals!
Download FREE: [ Ссылка ]

► Other videos you may like:
How to File Taxes for Uber Eats: [ Ссылка ]
How to Create a GCKey Account in Canada: [ Ссылка ]

Don’t stop the learning! Check out these blogs:
✅ 2024 CPP contribution rates and amounts: [ Ссылка ]
✅ A Guide to Self-Employed Taxes Canada: [ Ссылка ]

----------------------------------------------------------------------------------
Connect with Murtaza Bhatti for a Free Consultation:

📞 Phone: +1 647-243-2884
📧 Email: info@instaccountant.com
🌐 Tax Services: [ Ссылка ]
-----------------------------------------------------------------------------------
We provide a lot of free information on our social media platforms.

🐥 TWITTER/1instaccountant
📘 FACEBOOK/instaccountant.ca
📸 INSTAGRAM/instaccountant.ca
📌 PINTEREST/instaccountant.ca

About the Publisher:
Murtaza is a professional accountant out of Toronto, Canada. Instaccountant specialize in helping small businesses and contractors manage their accounting and taxes. He also consults businesses on finance systems and apps design, development, and implementation.

Disclaimer:
This video is for educational purposes only and does not constitute financial, investment, tax, or legal advice. Always consult a professional for personalized guidance tailored to your specific circumstances.

свернуть