Saving for retirement: Spousal RRSPs and the homebuyers plan – BNN Bloomberg
In the final segment, the BNN Bloomberg Advisor panel members reiterate the importance of saving for retirement and explain how to discuss these issues with clients. They also discuss spousal RRSPs, which have become less important with income splitting but are still a common savings product for many couples. The panel also discusses the homebuyers plan and its importance for younger savers. It allows first-time homebuyers to access RRSP savings to buy a new home.