Pay yourself first and make a contribution for your future. You have until March 1, 2022 to contribute to a Registered Retirement Savings Plan (RRSP). Any amount you put in (up to 18% of your prior years income) will allow you to reduce your income and keep more of the hard-earned money you work for. If you or someone you know needs some help in understanding what is the right amount to contribute to pay the least amount of tax possible, call today.
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