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You have been hired by the Bank of Montreal as a benefits consultant. Your job entails meeting regularly with customers with portfolios of over $500,000.

You have been hired by the Bank of Montreal as a benefits consultant. Your job entails meeting regularly with customers with portfolios of over $500,000. You and your boss have scheduled a meeting with the clients for next week and you were asked to prepare five(5) bulleted points on the 5 topics listed below for discussion at your meeting.

  • Contribution and deduction limits for RRSP
  • Spousal RRSP
  • Tax Free Withdrawals from RRSP
  • Advantages and Disadvantages of an RRSP
  • TFSA.

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Contribution and deduction limits for RRSP What exactly is an RRSP contribution limit The contribution Limit is the amount you are able to deposit to your RRSP in a given year Every year you build a c... blur-text-image

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