April 11, 2024
The Value of a Tax Deduction
Last April, I posed the following question publicly on my social media accounts: "If you could buy $32,000 of RRSP contribution room, how much would you pay for it? Less than $4,000? Or more than $4,000?" Today we are going to explore that, in depth. Can you attach a monetary value to RRSP contribution room? It's a hard question to answer.
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