Borrowing To Invest In RRSPs – Is It Really Worth It?

Although we are a few months away from Registered Retirement Savings Plan (RRSP) season, it is important to plan for tax time and know your options long before that last-minute call to your advisor. RRSPs are a great tool to plan for retirement in an age where pension plans are slowly disappearing. In addition, the benefit of deferring tax by contributing to your RRSPs make them a very attractive investment vehicle. With recently low interest rates, borrowing to invest in RRSPs seems to...