Government Savings Plans: Watering Your Financial Forest
Government Savings Plans: Watering Your Financial Forest
Registered Retirement Savings Plan (RRSP): Think of this as deep nutrients for your future. The more you contribute now, the stronger your retirement will be.
Registered Education Savings Plan (RESP): Like watering a sapling to ensure it grows, the RESP supports your children’s education by providing financial help for their studies.
Tax-Free Savings Account (TFSA): This is like a waterproof container protecting your investments. With a TFSA, your investments grow tax-free, offering you more shade and comfort in the future.
