RRSP or TFSA: HOW TO DECIDE BETWEEN THE TWO (FL)

Prepared for Today, Ready for TomorrowThe Student Success Centre is a welcoming support network of resources and opportunities to engage and empower you as a student to realize your individual, academic and long-term goals – bridging academic experience with personal and professional development.FutureBoundDevelop new skills. Grow your network. Be career ready.The Student Success Centre’s new skill development program for undergraduate students.

Student Success Centre, FutureBound Program

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<h1>RRSP or TFSA: HOW TO DECIDE BETWEEN THE TWO</h1><h2>F﻿INANCIAL LITERACY</h2><h3>ZOOM VIDEO CONFERENCE </h3><p><strong>Workshop Description: </strong></p><p>One of the most common questions out there is whether to invest in a registered retirement savings plan (RRSP) or a tax-free savings account (TFSA). What really is the difference between the two? </p><p>In this interactive workshop, we will explore the potential of both RRSPs and TFSAs, what we can hold in these accounts, where you can open an account and the benefits/negatives. For the RRSP, we’ll touch on pension plans, the RRSP’s Home Buyer’s Plan and how to calculate your tax return from an RRSP contribution. For the TFSA, we’ll explore how you can get started, the contribution maximums for each year and how you can withdraw without any penalty.</p><p><strong>Facilitators:</strong> Melanie Ireland, CFA</p><p><em><strong>Please note that FutureBound events and workshops are open to all currently registered undergraduate students and recent alumni.</strong></em></p><p><strong>For more FutureBound events and activities, </strong><a href="http://www.concordia.ca/students/success/future-ready.html" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"><strong>click here</strong></a></p>

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RRSP or TFSA: HOW TO DECIDE BETWEEN THE TWO (FL)

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