Cashing out RRSP?

N

navaz

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Hello Everyone

For those of you who prefer to invest in Real Estate over RRSP`s and have taxable income less than $36,000 for 2007- you may consider cashing your RRSP`s in prior to December 31 to bring your taxable income to $36,000 to stay in the low bracket. Make sure they are not spousal RRSP`s AND consult your accountant prior to doing this.
 
Grant

Grant

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Uhh, Navaz, I don`t know why you posted this in Success Stories, so I moved it to General Discussion. Please check where you`re posting next time.
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R

RussellWestcott

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Navaz
Good thing you have surrounded yourself with good people and you still can work your Abacus
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DennisEpp

DennisEpp

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QUOTE (navaz @ Dec 10 2007, 06:01 PM) Hello Everyone

For those of you who prefer to invest in Real Estate over RRSP`s and have taxable income less than $36,000 for 2007- you may consider cashing your RRSP`s in prior to December 31 to bring your taxable income to $36,000 to stay in the low bracket. Make sure they are not spousal RRSP`s AND consult your accountant prior to doing this.
 
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