Decoding afterlife finances: Understanding the tax implications for RRSPs, TFSAs and FHSAs upon the holder’s death
In this article, we consider the tax and other implications of registered plans upon death, including the Registered Retirement Savings Plan (“RRSP”), the Tax-Free Savings Account (“TFSA”) and the new First Home Savings Account (“FHSA”). 1. RRSPs In Canada, on […]