January 27th, 2013 by Questions
What happens if i purchase an RRSP while in a proposal. Just 100$ a month?
Posted from: Alberta
January 27, 2013 at 4:09 pm, A licensed trustee said:
Good for you – there are no rules against saving while you are in a consumer proposal so if you can afford to set $100 aside for an RRSP every month you should. You might want to think of a TFSA instead – there are no tax deductions, but there also aren’t any penalties if you need to whithdraw the money… I am not recommending one over the other, I just want you to look at all of your options.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.