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Explain the contribution and deduction limits for rrsp

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Question: 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.

Reference no: EM132780048

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