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Graham Westmacott CFA

Portfolio Manager

Susan Daley CFA

Associate Portfolio Manager
Contact
  • T519.880.0888
  • 1.877.517.0888
  • F519.880.9997
  • The Marsland Centre
  • 20 Erb St. W,
    Suite 506
  • Waterloo, Ontario N2L 1T2
February-07-18

Spousal RRSP’s

Spousal RRSP’s are probably the least understood investment account. A spousal RRSP has many of the same characteristics as a regular RRSP, except for one very important distinction. Contributions to your spouse’s RRSP reduce your income and your RRSP contribution room. For more details on this distinction, to learn why you might want to use a Spousal RRSP and how they can act like a regular RRSP, watch my video below.

 

By: Susan Daley | 0 comments