RRSP Loan Calculator
An RRSP contribution loan can help lower your income tax and increase the value of your RRSP at the same time. The borrowed RRSP contributions generate income tax refunds which can then be applied to repay the loan. Use this calculator to project how much an RRSP loan applied to this year’s tax return could be worth at your retirement. Enter numerical values with or without decimal points, but do not separate numbers by using commas or blank spaces.
NOTE: This investment tool is meant for educational purposes only. Consult a licensed investment advisor before you invest.
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