5 ways to decide between TFSAs and RRSPs

Are you clients confused over whether they should use an RRSP or TFSA?

Both offer different advantages, so customers have to look at their savings, spending habits and overall financial situations before deciding what works for them.

To help, a guest editor for The Toronto Star listed 5 quick tests that will clarify their needs. Read more.

For more information, read:

Define TFSA, RRSP benefits for clients

RRSP plans in a post-TFSA world

RRSP, TFSA integral to retirement plans

Plan confusion: RESP, RDSP, RRSP or TFSA?

Saving when downsized, for more on how to advise unemployed clients

TFSA strategies