Question: a) Explain the difference between RRSPs, RIFFs and a RAM i. What are the advantages of an RRSP and a RAM for sources of money

a) Explain the difference between RRSPs, RIFFs and a RAM i. What are the advantages of an RRSP and a RAM for sources of money on retirement?

b) Besides the above what are some alternatives for ensuring you have enough retirement funds? Discuss three.

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