Ep.237: Business Owners: This RRSP Mistake Could Costs You Millions

Should incorporated Canadian business owners contribute to an RRSP — or is it quietly working against them?

On today's episode, Darren and Christina break down what an RRSP actually is (a tax deferral, not a wealth strategy), why the "you'll be in a lower tax bracket in retirement" assumption often fails for successful business owners, and how forced RRIF withdrawals + OAS claw backs can create a much higher effective tax rate later.