Money myth 7: “An RRSP is always better than a TFSA.”
Earning less now and expecting a higher income later? A TFSA can be the better starting point. You can save your RRSP contribution room for years when the deduction is worth more.

Money myth 7: “An RRSP is always better than a TFSA.”
Earning less now and expecting a higher income later? A TFSA can be the better starting point. You can save your RRSP contribution room for years when the deduction is worth more.
More and more people are asking ChatGPT and other AI tools how to manage their money. We wanted to know how reliable the answers actually are.
The best one scored 94%. The weakest scored 82%.
The full results are on our blog.
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First Time Home Buyers can take up to $60k out of their RRSPs to use as a down-payment towards their first home. If there's two purchasers, that could be $120k combined, and it can be used alongside your FHSA.
Cassie Clausen
Tango Financial Mortgage (AB)
The 2026 RRSP contribution limit is $33,810. 🇨🇦
That’s up from the 2025 limit of $32,490. Your actual RRSP room also depends on earned income and your T4 pension adjustment.
Check the RRSP calculator:
maplesure.ca/ca/retirement/rrsp-contribution/
Planning for retirement starts with knowing your numbers. 🇨🇦
📊 Explore the free retirement tools at MapleSure.ca
Information only — not retirement, investment, or tax advice.
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