RSP SAVINGS PLANS
Here is something to think about to increase your RSP portfolio. If you don’t have a lump sum saved for an annual deposit you have two options:
1. Set up a Systematic Deposit Plan to pay into your RSP monthly. You reap a tax benefit for your year’s deposit in April of the following year.
2. Make a lump sum deposit now to reap a tax benefit this year with an RSP loan. RSP Loans are available at Argentium Consulting, don’t let cash flow constraints stop your RSP savings.