Tax-Savings Benefits of Life Insurance

Generate Tax-Deferred Investment Income

Written by Lindsey Eastman
February 9, 2016

If you’ve already contributed the maximum to your Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Account (TFSA), there are other ways to generate tax- deferred investment income. The fact is you may need to accumulate more savings to retire in the style you want, and when you’re saving for the long term, you’ll want to invest in a tax-advantaged way.

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