RRSP Explained for Beginners (Canada 2025) | Save Taxes & Build Wealth
Автор: ToonieTalks
Загружено: 2025-09-11
Просмотров: 17
Описание:
What is an RRSP and how does it work? In this video, we break down the Registered Retirement Savings Plan (RRSP) in simple terms — so you’ll know exactly how much you can contribute in 2025, how it lowers your taxes, and how to use it to grow your money for retirement.
We’ll cover:
✅ What an RRSP is (and why it exists)
✅ RRSP contribution limits for 2025
✅ TFSA vs RRSP (which is better for you)
✅ What you can invest in inside an RRSP
✅ Home Buyers’ Plan (HBP) and Lifelong Learning Plan (LLP)
✅ Common mistakes to avoid
By the end of this video, you’ll understand how to use an RRSP to save taxes today and build wealth for your future.
👉 Subscribe to Toonie Talks for more Canadian personal finance tips every week!
🔗 Watch next:
TFSA Explained for Beginners (Canada 2025)
How to Start Investing in Canada (Step by Step)
📌 Chapters:
0:00 – Intro
0:40 – What is an RRSP?
1:20 – Contribution limits (2025)
2:00 – RRSP vs TFSA
3:00 – What you can invest in
3:45 – Home Buyers’ Plan & Lifelong Learning Plan
4:30 – Mistakes to avoid
5:30 – Recap & outro
#RRSP #Canada #personalfinance #TFSA #investing #taxes
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