Short Overview: RRSP Gross-up Strategy - Easily Contribute 40-70% More to Your RRSP (2024)
The RRSP Gross-up Strategy is a relatively simple concept that can help you contribute 40-70% more to your RRSP, without using any more of your cash.
Do this every year and you can retire with 40-70% higher income for life!
The last podcast was quite detailed, while this episode is a quick and concise overview of the strategy.
In my latest podcast episode you'll learn:
- The 3 tax refund options.
- What is the RRSP Gross-up Strategy?
- What you need to know before you start this strategy (facts & figures).
- 6 factors for your optimal RRSP contribution.
- The RRSP Gross-up Formula.
- The RRSP Catch-up Strategy.
- An RRSP Catch-up Strategy example.
- The RRSP Catch-up Strategy result.
- RRSP Catch-up + RRSP Gross-up.
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