Wealthsimple RRSP for Beginners

RRSP can be powerful when your marginal tax rate is meaningful.

Quick setup

Open RRSP in Wealthsimple.
Fund account with recurring deposits.
Invest in low-cost diversified ETF(s).

Key reminders

RRSP gives tax deduction now, taxable withdrawals later.
Match RRSP strategy to your income level and timeline.