Finances

5 reasons to invest in a RRSP

February 20, 2017

Balance your retirement income

In case you decide to quit your job to stay at home with your children, you will stop contributing to a pension plan and even to the RRQ. The spouse can contribute to a RRSP for his wife, receive immediate deduction in his tax return and ensure a more balanced retirement income for his wife. You can contribute to your spouse’s RRSP at all times if you respect the limits set by the Notice of Assessment sent by Revenue Canada.

For more information, consult Revenue Canada.

Sonia Cosentino

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