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Old 02-18-2013, 02:10 PM   #5
Sylvanfan
Appealing my suspension
 
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Join Date: Sep 2002
Location: Just outside Enemy Lines
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Quote:
Originally Posted by blankall View Post
I try and max them out as best I can. This year I'll probably fall short, but I also put a serious contribution into my TFSA.b

The tax right off and tax free earnings are too big of a draw for me. My priorities may change if interest rates rise. In that event, I'll probably focus more on paying off the mortgage.
In my younger years it was easy to max out RRSP contributions...after the house, marriage, and kids....happy I put away something when I was young. I would advise younger people to save now, and make it a habit.
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