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Why re-investing your tax refund is the smart option
BNN Bloomberg
How should you use your tax refund. Many see it as a windfall - or fun money - and might not realize that the biggest advantage of an RRSP is lost unless the refund is re-invested, Dale Jackson writes for BNNBloomberg.ca.
Many see it as a windfall - or fun money - and might not realize that the biggest advantage of an RRSP is lost unless the refund is re-invested.
RE-INVESTED REFUNDS COMPOUND RRSP SAVINGS
The RRSP is a great retirement saving tool because contributions and the tax savings they generate can grow in investments tax-free over a long period of time
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