Shaelene’s Tax Tip of the Week – January 30th

Why should you consider buying into a
Registered Retirement Savings Plan (RRSP)? 

It is a great way to save on taxes! Remember, this program is a tax deferral program, meaning that when you withdraw the funds at a later date, it is expected that you will be in a lower tax bracket. Once your money is in the plan it can grow and grow (thank you compound interest!) and again, you will only pay tax on the funds as you withdraw them.

Call Books In Line at 905-571-2665 for more details.