The deadline is looming to make a contribute to your registered retirement savings plan and claim it as a tax credit for the 2017 year, but RRSPs aren’t your only savings option. Could a tax free savings account serve just as well?
Debt counsellor Brian Betz says each has a unique benefit. While each person's investment strategy is unique, Brian still reccomends doing your best to max out your RRSP and then contributing to a TFSA.
