What is this?
Deposit Amount
Future Value
Future Tax Paid
After Tax Future Value

Important Note: The RRSP deposit amount is equivalent to the TFSA amount after tax income.

When deciding whether or not to contribute to an RRSP or TFSA it's important to consider personal factors. Will this will be a short term investment or are saving specifically for retirement income? It's also knowing how the old age security (OAS) clawback can affect you.

For more details, contact one of ours financial advisors to decide what is best for you.