Dale Jackson: 4 tax tools that can keep more of your money invested
BNN Bloomberg
Most of us know paying taxes is right up there with death as the two things we can’t avoid, but there are ways for average investors to lower their tax bills and keep more of their hard-earned dollars compounding in investments over time.
But there are ways for average investors to lower their tax bills and keep more of their hard-earned dollars compounding in investments over time.
As we head into tax season, here are four basic tax tools that can be used individually or, with the help of a qualified professional, as part of a broader tax strategy.
1. Registered Retirement Savings Plan (RRSP)
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