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    TIL - If your tax rate at contribution and withdrawal is the same, your take home from pretax RRSP contribution is the same as TFSA at withdrawal

    @adam56 The Tax bracket increasing with inflation just increases the value of RRSPs as it is incredibly difficult to be at the same tax bracket as your working years. Its many low income Canadian's that are likely to be at a similar tax rate in retirement. OAS is a much larger percentage of...
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    Account and says I owe $1350 in taxes because I worked 2 jobs, but I only worked 1 of those jobs for 4 weeks

    @calena7582 Taxes are not based on jobs they are based on income. Look up a tax calculator for your province and you will see how much you owe in a year on your income. What your job tries to do is estimate your taxes and withhold them so you don’t have a big tax bill at the end of the year...
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