TFSA vs. RRSP: Which Is Right for You?

Are you unsure whether a Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) is best for you? At Sharp Asset Management, our team can assess your financial situation and investment goals to help you make an informed decision. A TFSA is ideal for short-term savings goals, with tax-free contributions and withdrawals. On the other hand, an RRSP is better suited to long-term savings goals, with tax deferral until retirement. Contact us today for personalized advice on the right plan for you.