Derek Kite
Aug 26, 2017 · 1 min read

A story. The Canadian RRSP system requires that at a certain age the tax free savings be withdrawn. There are ways to limit the tax exposure, very specific. A woman saved money all her life in RRSP’s, all very carefully and properly. The time when she was required to cash out was late fall 2008. Her savings were worth 1/3 of what she expected. She wasn’t ruined, but likely her plans for her retirement were.

)