Quote:
Originally Posted by Bobblehead
I think the idea is in these higher earning years you can then pull the money out of this fund into the RRSP and get a much larger RRSP deduction in these years. So instead of getting the RRSP deduction in the years when you are in the bottom/middle tax bracket, you get the deduction when you are in the middle/high tax bracket.
It is going to take a bit to figure out the "best" strategies - slava, Moneyguy - get crunching those numbers.
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I stand by what I said. If you want to invest in RRSPs, do it with your taxable dollars, NOT these dollars that are in a "tax haven". Again, not a financial advisor, but from my understanding (and I am NOT a fan of RRSPs in general, if you are an enterpreneur), even Joe Blow wouldn't want to roll over tax sheltered funds into taxable ones. In certain scenarios? Perhaps. But in general I wouldn't do it myself.