Tax Bulletin - Answering Your RRSP Questions

November 30, 2022

RRSPs are an important component of an overall financial plan for most Canadians. As we struggle with high personal income taxes and a fear that our government will not be able to provide adequate pensions for us in retirement, RRSPs offer a great opportunity to save taxes currently and provide for our retirement needs.

This bulletin explains the rules for RRSP contributions, the types of investments an RRSP can hold, and the ways in which RRSP withdrawals can be made. We have done this in a question and answer format, attempting to anticipate the questions that you might have about your RRSP.

Although we have tried to deal with as many issues as possible, you may have a question which is not covered by the materials in this bulletin. Contact your BDO advisor for help with any RRSP concerns you may have.

Read our full tax bulletin

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