Spousal RRSPs – why you should do it anyway
Recently in the Globe & Mail, the always sharp and informative writer, John Heinzl wrote a column about spousal RRSPs. These are RRSPs set up by a higher-income earning spouse in favour of the lower income-earner. The higher earner, in making the contributions, receives the upfront tax benefit. Any subsequent withdrawals by the lower income-earning […]