Question: RRSP (4 marks) Define RRSP? What are the withdrawal rules for the RRSP? What are the 2022 annual contribution limits for an RRSP? What happens

  • RRSP (4 marks)
    • Define RRSP?
    • What are the withdrawal rules for the RRSP?
    • What are the 2022 annual contribution limits for an RRSP?
    • What happens when you turn 71?
  • TFSA (4 marks)
    • Define TFSA?
  • What are the withdrawal rules for the TFSA?
    • What are the 2022 annual contribution limits for an TFSA?
    • What happens when you turn 71?

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