RRSP or TFSA?
my very straightforward and short recommendation for choosing one over the other.
RRSPs or TFSAs both allows you to make tax-free investments. As a reminder, non-TFSA or non-RRSP investments made on international markets are all taxable!
Choose The RRSP if...
- You have a good salary!
- You are planning to buy a house in the near future.
TFSA for everything else!