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.

1. Contribution and deduction limits for RRSP 2. Spousal RRSP 3.Tax Free Withdrawals from RRSP 4. Advantages and Disadvantages of an RRSP 5. TFSA.