RRSP Loan Calculator
An RRSP contribution loan can help lower your income tax and increase the value of your RRSP at the same time. Borrowing to contribute to your RRSP will generate income tax refunds which can then be put toward loan repayment.Use this calculator to project how much an RRSP loan applied to this year’s tax return could be worth at your retirement. Consult with a licensed investment advisor before you invest.
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