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Jan 2, 2018
The Six Best Strategies To Minimize Tax On Your Retirement Income
After you retire, you will be entitled to more tax savings than before you retire.
If you earn a salary, you may have limited tax deductions or tax-saving strategies. When you retire, the situation changes.
You can essentially determine the amount of income you will be taxed on once you retire. You can decide:
How much you withdraw from your investments.
How much you withdraw from your Registered Retirement Savings Plan (RRSP) vs. Tax-free Savings Account (TFSA) vs....