Which vehicle should you choose to invest your retirement savings? When should you prioritize the Registered Retirement Savings Plan (RRSP) or the Tax-Free Savings Account (TFSA)?
On Medici’s YouTube channel, Associate Portfolio Manager Tania Strebel sheds light on the issue.
In a new video, she explains:
- The main differences between RRSPs and TFSAs;
- What criteria to use to make a decision;
- Which savings vehicle to choose when starting your career or nearing retirement.
Tania reminds us that every situation is different and that you must consult your financial advisor to make good decisions.
Watch the video.