Tax-Free RRSP Withdrawals

Share on facebook
Share on twitter
Share on linkedin

Are Tax-Free RRSP Withdrawals possible? Let me tell you how we are able to do this.

Last week, I was sitting down with a gentleman we’ll call John. Like many Canadians, John had buyers remorse regarding his RRSPs. When he went to make a withdrawal, he realized that withdrawal would be 100% taxable!

“Had I known I’d be taxed so much, I would have never bought them in the first place!”

Once I understood John’s situation and goals, we reviewed multiple ways to draw on his RRSPs without affecting his tax return.

This video explains one of the options John has to draw on his RRSPs without paying tax.

Also, be sure to check out my RRSP Tax Bomb Video 

Looking for more?

Schedule a call directly with Marc

& be sure to check out our free guides and retirement questionnaire below!

20 Retirement Tips

20 tips to help you get started planning your retirement. Sign up below to get your copy. Get started today!

20 Retirement Tips

20 tips to help you get started planning your retirement. Sign up below to get your copy. Get started today!

Taxes in Retirement

An in-depth look at the tax strategies we use with clients. Everything you need to know to help reduce your tax bill in retirement.

Financial Snapshot
Planswell

Get a financial snapshot of your retirement in as little as 3 minutes. Click below!

Marc Sabourin is a Winnipeg-based Financial Advisor and Retirement Specialist with Harbourfront Wealth Management. His specialty is working with pre-retirees and retirees who are looking for retirement, investment, & tax advice. 

Disclaimer: The views expressed are those of Marc Sabourin, Certified Financial Planner, and Investment Advisor, and not necessarily those of Harbourfront Wealth Management Inc., a member of the Canadian Investor Protection Fund