{"id":1024,"date":"2020-02-28T14:20:43","date_gmt":"2020-02-28T19:20:43","guid":{"rendered":"https:\/\/fortax.ca\/?p=1024"},"modified":"2020-02-28T14:20:43","modified_gmt":"2020-02-28T19:20:43","slug":"rrsp-contribution-tax-refund","status":"publish","type":"post","link":"https:\/\/evolvethought.com\/fortax\/2020\/02\/28\/rrsp-contribution-tax-refund\/","title":{"rendered":"RRSP CONTRIBUTION = TAX REFUND"},"content":{"rendered":"<style>\n.page-title-inner {display: none;}\n.entry-header-text-top {display: none;}\ndiv#comments {display: none;}\n.entry-author {display:none;}\nfooter.entry-meta {display: none;}\n.sp-big-p {font-size: 120%; font-weight: 600;}\n<\/style>\n<h2 style=\"margin-bottom: 1em; text-transform: none;\">RRSP CONTRIBUTION = TAX REFUND<\/h2>\n<p>Contributing to an RRSP will likely result in a tax refund. But that refund shouldn\u2019t be used for a trip or a shopping spree. Instead, you should re-contribute that money into an RRSP or pay down debt. If you want to get a tax refund this year, you need to make an RRSP contribution by March 2, 2020.<\/p>\n<p>Determine whether or not you should contribute. Sometimes there are cases when you shouldn\u2019t contribute to an RRSP. For instance, if you\u2019re carrying high-interest credit card debt, you should pay off your debt instead of making an RRSP contribution. Also, if you have a defined benefit pension or a very low income, you\u2019re probably better off contributing to a TFSA instead<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RRSP CONTRIBUTION = TAX REFUND Contributing to an RRSP will likely result in a tax refund. But that refund shouldn\u2019t be used for a trip or a shopping spree. Instead, you should re-contribute that money into an RRSP or pay down debt. If you want to get a tax refund this year, you need to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[72],"tags":[],"class_list":["post-1024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fortax-blog"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/posts\/1024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/comments?post=1024"}],"version-history":[{"count":0,"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/posts\/1024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/media\/1026"}],"wp:attachment":[{"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/media?parent=1024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/categories?post=1024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evolvethought.com\/fortax\/wp-json\/wp\/v2\/tags?post=1024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}