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The three investments are, first, inside an RRSP (the tax refund is also invested); second, outside an RRSP in GICs; and third, outside an RRSP in stocks ......
If you fall in the 40% tax bracket, on a $3,000 RSP , you would get a $1,200 income tax refund . ... a RSP loan, simply collapse the RSP and ......
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An RSP Loan is ideal if you have unused RSP contribution room - don't miss ... your tax-deductible RSP contributions help make you eligible for a tax refund ......
How much of your expected tax refund (in percent) would you like to apply to your loan at the end of the fourth month to reduce the principal ......
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